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Understand the Jurisdictions Setup Requirement Before Proceed Your Company Incorporate in Nepal

Low competition, abundance of natural resources, ever-growing manufacturing and tourism industries, and low-cost workforce are only some of the reasons to open a company in Nepal. However, registering a company in Nepal could be confusing for many, and we are here to help those looking for a company incorporate in Nepal.
3E Accounting has now partnered with business, accounting and taxation experts from Nepal. This means that from now on if someone wants a company in Nepal, all they need to do is call us. We will get the details, and register their Nepal company for them in little to no time in the most reasonable cost.

 

Company Incorporate in Nepal: What is the Corporate Tax Rate in Nepal?

The corporate tax rate in Nepal depends on the business sector, and profit made. On an average scale, the corporate tax in Nepal is between 20% and 30%. A representative office, of course, doesn’t need to register for tax documents in Nepal.

 

Company Incorporate in Nepal: How Much Time Does it Take to Register a Business in Nepal?

Again, this depends on the type of company that you wish to incorporate in Nepal. On average, given that the paperwork is all correct, it should not take more than 4 to 5 weeks to register a company in Nepal. As a foreigner, you will need help from a company registration service. 3E Accounting registers you Nepal company for you in minimal time.

 

Types of Companies in Nepal

Among the various types of companies in Nepal, foreigners either opt for a public limited company or a private company.

Private Limited Company in Nepal

You need one to fifty shareholders to open a private limited company in Nepal. There are no rules for minimum paid-up share capital. However, remember that you need at least one director and one shareholder who can be of any nationality. The shares in a private limited company are not open to the public.

Public Limited Company

Those who are looking to open a bigger company in Nepal can opt for a public limited company. The minimum paid-up capital varies depending on the sectors of business, but for the most part, the amount revolves around USD 100,000. Adding on to that, a Nepal public limited Company needs at least seven shareholders and three directors, all of which can be of any nationality.

Branch Office

Foreigners also have the option of opening a branch office in Nepal. The company doesn’t stand as a separate legal entity and is taken as a part of the mother company. A branch company, if it is to make sales in Nepal needs to have a registered office.

Representative Office

Representative Office is mainly for foreign companies who don’t yet want to start a company in Nepal but still want to study the market. It provides opportunities for foreign investors to first analyze the Nepali economy before giving wings to their business plans. Remember that a representative office cannot conduct business in Nepal.

 

What is the Corporate Tax Rate in Nepal?

The corporate tax rate in Nepal depends on the business sector, and profit made. On an average scale, the corporate tax in Nepal is between 20% and 30%. A representative office, of course, doesn’t need to register for tax documents in Nepal.

 

How Much Time Does it Take to Register a Business in Nepal?

Again, this depends on the type of company that you wish to incorporate in Nepal. On average, given that the paperwork is all correct, it should not take more than 4 to 5 weeks to register a company in Nepal. As a foreigner, you will need help from a company registration service, and 3E Accounting registers you Nepal company for you in minimal time.