Public Company Registration in Nepal
Incorporation of Public Company in Nepal
Public company is that company that raises the fund from the general public. “Limited” is used after the name of the public company.
Time required for the registration of the public company: Maximum 7 days from the date of application filed.
Number of promoters: At least 7 to unlimited. But if one public company incorporates the other public company then there is no need of seven promoters.
Number of Board of Directors: At least 3 to maximum 11, and if a woman is shareholder then at least 1 woman.
Number of shareholders: At least 7 to maximum unlimited.
Capital: Paid up capital of the public company must be at least 1 core except mentioned in Nepal Gazette or as per the Government of Nepal.
Government Revenue: The revenue is levied on the basis of the capital of the public company:
| S.N. | Capital Authorized in NPR | Registration Fee |
| 1. | Up to 10,000,000 | 15,000 |
| 2. | 10,000,001 to 100,000,000 | 40,000 |
| 3. | 100,000,001 to 200,000,000 | 70,000 |
| 4. | 200,000,001 to 300,000,000 | 100,000 |
| 5. | 300,000,001 to 400,000,000 | 130,000 |
| 6. | 400,000,001 to 500,000,000 | 160,000 |
| 7. | Above 500,000,000 | 160,000 + 3,000 for each 10,000,000 |
Required Documents:
- Application
- Memorandum of Association
- Articles of Association
- Copy of Agreement if there is an agreement between the promoters
- Notarized copy of citizenship if promoter is a Nepali Citizen
- Prior approval or license if required
- Power of Attorney.
Learn about foreign branch company registration in Nepal
https://lawchintan.com/register-branch-company-in-nepal/
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