Skip to main content

Company Registrar Office of Nepal goes Online

Goods News Indeed! Companies registrar office has finally agreed to the documents submitted online via their web portal and doesn't require to submit any additional paper documents. We certainly hope that these bring efficiency in the work and help companies to get things done smoother. We, also, hope that these will reduce the role of intermediaries who were charging unnecessarily high fees to help companies registered or ensure compliance and also, bring the level of corruption down.

1) Company Registration - New companies should only submit the proposed Memorandum of Association (MOA) and Article of Association (AOA). 

2) Compliance -  Annual reports, audit reports, and all other reports required to be submitted earlier.

3) Share Detail - 

-    Copy submitted online shall be certified by Company Registrar Office and such certified copy must be kept at the registered office of the Company. Company Registrar Office will only keep the digital copy and it will be the responsibility of the company to ensure that share details match with those certified.

- In case of the difference between data entered and scan copy, the company must contact the Company Registrar Office with the board's decision to correct such errors and update data in Company Registrar records.

Notice published in Nepali is given below:


Comments

Most Viewed

Tax Collection Agency codes for IRD Offices all over Nepal

Inland Revenue Department Nepal has published the agency codes that shall be used for the collection of direct and indirect taxes for the general public's information. Each code consists of 9 numbers. There are in total 59 agency codes currently in use. From these codes, we can classify that there are four types of IRD offices currently in operation. 1) Inland Revenue Office 2) Tax Payer Service Office 3) Large Tax Payer Service Office, and 4) Medium Tax Payer Service Office When shall you use these codes? It shall be used while choosing the agency where the tax should be deposited while completing the form for depositing the taxes. Agency Code list below: S.N. Agency Code Name Address 1 305011620 Inland Revenue Office Lahan 2 305030201 Tax Payer Service office Phidim 3 305030301 Tax Payer Service office Illam 4 305030401 Tax Payer Service office Khandbari 5 305030601 ...

Process for Electronic Billing Software Registration with Inland Revenue Department Nepal

Process is straight forward, one is required to submit the online form along with the following documents: 1)       Copy of the Tax Clearance Certificate 2)       Copy of the Permanent Account Number (PAN) 3)       Copy of Company Registration Certificate 4)       User Manual for the software signed by company representative and stamped on each page 5)       Guarantee letter that Data Amendment or Edit (Manipulation) is not possible on the software 6)       Data Backup and Recovery System is available on the software 7)       System Architecture Detail 8)       Software Set Up file and Invoice Sample in Excel – 20 copies each in 20 pen drive 9)       Connection with Central Billing Management Software (CBMS) – API can be collected Service Branc...

Nepal Accounting Standard (NAS) for Not for Profit Organizations (NGOs and INGOs) 2018 - Basics

Effective Date: Nepal Accounting Standard Board has published an Accounting Standard for Not for Profit Organizations in November 2019 effective Fiscal Year 2077/78 (July 16 2020, and onwards). Any organization adopting it to prior to the date above shall disclose the fact. Applicable Organization: NAS is applicable to all not for profit organization registered with the Social Welfare Council or working in Nepal under a general agreement, or project offices working under the bilateral agreement with Nepal Government and Foreign Government Purpose: Guide Not for Profit Organizations to prepare the general purpose financial statement to the entire non-profit organization as a single reporting entity . Improve the quality of the data to provide adequate information to the users of the financial statements Reduce the diversity that exists among NPOs in accounting practice and presentation We should note that NAS is based on the Going Concern assumption and the concep...