How to Register a Company with Multiple Partners in Nepal

Which Structure Is Right for You?

Before you file anything, you need to decide: Private Limited Company or Partnership Firm? Both let multiple people start a business together, but they differ in liability, compliance, and scalability.

Option A: Multi-Shareholder Private Limited Company

Governed by Section 3 of the Companies Act 2063, this is the same structure as a sole-owner company — but with 2 to 50 shareholders sharing equity. It must be registered via the CAMIS portal at ocr.gov.np.

Step 1: Create CAMIS Profiles (All Promoters)

Every shareholder must register individually on CAMIS with their email, mobile OTP, citizenship certificate, and passport photo. All promoters are linked to a single company application.

Step 2: Reserve a Company Name

Submit the proposed name in Nepali and English. It must end in “Private Limited,” be unique, and not misleading. Approval takes 24–48 hours; the reservation lasts 35–90 days.

Step 3: Draft MOA & AOA — List All Shareholders

The Memorandum of Association must name every promoter, their shareholding percentage, and capital contribution. The Articles of Association governs internal decisions — specify how votes, dividends, and disputes among partners are handled. All promoters must sign before a notary with at least one witness each.

Step 4: Pay Government Fees Online

Pay via eSewa, Khalti, or ConnectIPS based on your authorized capital (same fee table as sole-owner registration).

Step 5: OCR Review & Certificate

The OCR reviews and may post comments on your dashboard. Once approved, download your Certificate of Incorporation digitally. All shareholders are recorded in the Share Registry (Lagat).

Documents Required (Per Promoter)

• Citizenship certificate (notarized copy)
• Passport-sized photograph
• Signed MOA and AOA (all promoters)
• Office address proof (Lalpurja or lease agreement)
• Witness details (at least one per document)

Option B: Partnership Firm

Governed by the Partnership Act 2076 (2020), a firm must be registered within 6 months of signing the Partnership Deed. Registration goes through the Department of Commerce, Supplies & Consumer Protection — not CAMIS.

Step 1: Draft a Partnership Deed (Kabuliyat)

The agreement must specify: names and addresses of all partners, business objectives, capital contributed by each, profit/loss sharing ratio, authority of each partner, dispute resolution, and duration of the firm. Must be signed by all partners and attested by a gazetted government officer.

Step 2: Choose a Firm Name

The name must be unique and not similar to any registered firm. Check availability with the Department of Commerce before finalizing.

Step 3: Submit Application to the Department

All partners must personally appear with original citizenship certificates. Submit the application form, 3 copies of the Partnership Deed, citizenship copies of all partners, and 3 passport photos each. Pay the registration fee (NPR 1,000–5,000 based on capital).

Step 4: Receive Registration Certificate

If satisfied, the department issues a Certificate of Registration. The entire process typically takes 5–15 working days.

Partnership Fee Structure

After Registration: What’s Next?

Whether you chose Pvt. Ltd. or a Partnership, these post-registration steps apply to both:

PAN Registration (Mandatory)

All partners/directors visit the IRD for biometric verification. PAN is mandatory before any business transactions.

Ward Office Registration

Register locally, pay annual business tax (NPR 5,000–15,000) and house rent tax (10% of monthly rent).

Bank Account

Open a corporate account. For Pvt. Ltd., a board resolution and share registry are required.

VAT Registration (If Applicable)

Pvt. Ltd. Only: Appoint Auditor

Must notify OCR within 3 months of incorporation. Appoint a licensed auditor (RA or CA).

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