Successfully incorporating your company in Nepal is only the beginning. To ensure smooth operations and avoid legal complications, it is essential to comply with a range of statutory obligations. Onpoint Financial Consultancy Services provides comprehensive post-registration support to help your business remain fully compliant, allowing you to focus on strategic growth.
Within the first three months following your company’s registration, you must complete several key notifications with the Office of the Companies Registrar (OCR):
Overview: Every company must establish a Board of Directors responsible for corporate governance. In the case of a one-person company, the sole shareholder automatically assumes this role, and no formal appointment of additional directors is necessary.
Deadline: Submit details of each director within 7 days of appointment.
Overview: A company is required to maintain a registered office within Nepal. The company’s name and registration number must be clearly displayed at this address.
Deadline: Notify the OCR of your registered office address within 3 months from registration.
Additional Tip: Make sure the office signage complies with local display requirements to avoid penalties during inspections.
Overview: The company must prepare and maintain a Shareholders Register, detailing the issued and paid-up share capital.
Deadline: Though private companies are not bound by a strict statutory deadline, it is recommended to notify the OCR within 1 month of share allotment—preferably before the end of the first financial year.
Additional Tip: Proper documentation of share certificates and capital contribution records is essential for investor confidence and future audits.
Overview: To ensure transparent financial reporting, companies are required to appoint an auditor. The first auditor is typically appointed by the Board of Directors.
Deadline: The OCR must be informed of the auditor’s appointment within 15 days of the decision.
Additional Tip: Choose a registered auditor with relevant industry experience to ensure compliance with Nepal Accounting Standards (NAS).
As your company evolves, you may need to amend foundational documents such as the Memorandum of Association (MoA) and Articles of Association (AoA) to reflect changes in your business structure, objectives, or operations. These amendments must follow a defined legal process and be reported to the regulatory authorities in a timely manner.
According to Section 6 of the Companies Act, a company may amend its MoA or AoA by passing a special resolution during a general meeting of shareholders. Once the resolution is passed, the company is required to notify the Office of the Company Registrar (OCR) of the changes within 30 days.Upon receiving the amendment details, the OCR will record the changes and notify the company of the successful update within 7 days.
Stay compliant. Stay confident.
Let Onpoint Financial Consultancy Services handle your post-registration obligations, so you can focus on building your business.
OnPoint made my business setup effortless! From company registration to accounting and taxation, their team was professional and efficient. They also handled my construction license smoothly and provided excellent post-registration support. I highly recommend their services.
Raman Poudel
ManagerI had a great experience with OnPoint. Their team made company registration quick and hassle-free. The accounting and taxation services have been reliable, keeping my finances well-managed. They also handled my construction license facilitation efficiently, saving my time and effort. Even after registration, their post-company registration support has been excellent. I highly recommend them for their professionalism and expertise.
Sushan Tamang
Head Of Department(HOD)OnPoint provided seamless company registration, accounting, taxation, and construction license facilitation. Their post-registration support is excellent. Highly recommended.
Sudeep Giri
Co-ManagerOnPoint offers a full range of professional services designed to help businesses navigate the complexities of finance, law, and regulations. Our team of experts provides clear, strategic guidance and tailored solutions to ensure your business stays aligned with industry standards and improves financial performance.
Choose OnPoint for our strong commitment to delivering innovative, reliable solutions that drive long-term success, helping your business grow and succeed in an ever-evolving marketplace.
We deliver smart, customized solutions for management reporting, compliance, and sustainable business growth. Our approach helps you stay aligned with regulations, achieve financial clarity, and make confident, data-driven decisions.
We offer a comprehensive range of financial, compliance, and business advisory services, carefully designed to support every stage of your company’s growth and operations.
Our services are powered by advanced, integrated technologies that ensure accuracy, efficiency, and real-time decision-making capabilities.
We build long-term partnerships with our clients, staying deeply invested in their progress and success well beyond short-term solutions.
Have a questions or need help with your business? Our experts are here for you! From company registration and accounting to trademark services and digital solutions, just send us a message—we are ready to assist!