Nepal Company Tax Filing Deadlines (FY 2082/83): VAT, TDS & Income Tax Returns

Nepal Company Tax Filing Deadlines at a Glance (FY 2082/83)

What Taxes Must a Company File in Nepal?

Every registered company in Nepal has multiple tax obligations. The three main ones are Income Tax, Value Added Tax (VAT), and Tax Deducted at Source (TDS). Missing any of these can result in penalties, interest charges, and even legal action from the Inland Revenue Department (IRD). (Not registered yet? See our guide to company registration in Nepal.)

Corporate Tax Rates by Company Type

Nepal’s corporate tax rate depends on the nature of your business. The standard rate is 25%, but certain sectors pay more or less:

The Tax Filing Process: Step by Step

Step 1: Get Your PAN and VAT Registration

Before you can file anything, your company must have a Permanent Account Number (PAN) from the IRD. VAT registration becomes mandatory once turnover crosses NPR 50 lakh for goods or NPR 30 lakh for services or a mixed goods-and-services business (the services/mixed threshold was raised from 20 lakh in FY 2082/83). Some sectors (electronics, hardware, catering, liquor, health clubs) require VAT regardless of turnover.

Step 2: Maintain Books of Accounts

Throughout the fiscal year (Shrawan 1 to Ashad end — mid-July to mid-July), maintain proper financial records:

• Sales and purchase ledgers
• VAT invoices (issued and received)
• Bank statements and cash records
• Payroll records with TDS deductions
• Asset registers with depreciation schedules
• Expense receipts and supporting documents

Step 3: File Monthly VAT Returns — Deadline & Frequency

The VAT return filing frequency in Nepal is monthly for most businesses. If your company is VAT-registered, the VAT return due date is within 25 days of the Nepali month-end (i.e., by the 25th of the following month), filed through the IRD Taxpayer Portal. The return declares your sales (output VAT) and purchases (input VAT), and you pay or claim the difference. Some small taxpayers are assigned four-monthly (trimester) VAT filing by the IRD instead of monthly — check the frequency printed on your VAT registration.

Step 4: Deduct and Deposit TDS Monthly

When your company makes certain payments, you must deduct tax at source (TDS) and deposit it with the IRD within 25 days of the Nepali month-end. The rate depends on the payment and on whether the recipient is VAT-registered — a distinction that trips up most businesses. Current FY 2082/83 rates:

Step 5: Pay Advance Tax in Installments

Companies must pay estimated income tax in three installments during the fiscal year:

If your total estimated tax for the year is less than NPR 7,500, you are exempt from advance tax payments.

Step 6: Get Your Accounts Audited

All registered companies (Pvt. Ltd. and Public Ltd.) must get their financial statements audited by a registered auditor (CA or RA) every year, regardless of turnover. The auditor prepares:

• Audited Balance Sheet
• Profit & Loss Statement
• Cash Flow Statement
• Tax Audit Report

Step 7: File the Final Income Tax Return

Submit your annual income tax return — companies file Form D-03 (self-assessment) on the IRD portal — within 3 months of the fiscal year-end (i.e., by end of Ashwin / ~mid-October). The return must be accompanied by your audited financial statements and tax audit report.

You can request an extension of up to 3 additional months for filing the return, but this does not extend the tax payment deadline — interest accrues on any unpaid amount regardless.

Step 8: File Annual Return with OCR

In addition to tax returns with IRD, companies must also file an annual return with the Office of Company Registrar (OCR) along with audited financial statements within 6 months of the fiscal year-end.

Nepal Tax Filing Deadlines at a Glance (FY 2082/83)

Nepal’s fiscal year runs from Shrawan 1 to Ashad end (mid-July to mid-July). Here are all the critical tax filing deadlines and due dates for companies:

How to File Online: IRD Taxpayer Portal

The IRD has made e-filing the standard method for all tax returns. Here’s how to use the portal:

1. Register on the portal — visit the IRD Taxpayer Portal and create your login using your PAN/VAT number
2. Log in and select the return type — choose from VAT return, ETDS, or income tax return
3. Fill in the form — the portal provides auto-calculation and form validation to reduce errors
4. Upload supporting documents — attach audited statements and tax audit report (for annual returns)
5. Submit and pay — make payment via bank transfer or online payment gateways
6. Download acknowledgment — save the receipt for your records

Required Documents for Tax Filing

Gather these before you start the filing process:

• Audited financial statements (Balance Sheet, P&L, Cash Flow)
• Tax audit report from a registered auditor
• PAN/VAT registration certificate
• Bank statements for the fiscal year
• TDS certificates (for taxes deducted at source on your income)
• VAT return summaries (if VAT-registered)
• Income records and expense receipts
• Asset and depreciation schedules
• Previous year’s tax clearance certificate
• Partner/shareholder details and profit-sharing ratios

Penalties for Late Filing and Non-Compliance

The IRD takes non-compliance seriously. Here are the penalties you risk:

What Actually Trips Businesses Up at Filing Time

Beyond the rules, these are the practical mistakes that cost Nepali businesses real money and blown deadlines:

• The purchase/sales register format. VAT filers must upload their sales and purchase registers in IRD’s exact prescribed Excel format — which IRD has re-issued several times. An outdated template gets rejected, so always download the current one.
• VAT mismatch auto-detection. IRD automatically flags when your purchase entry doesn’t match the seller’s reported sale. If a supplier under-reports or files late, your credit gets questioned — deal only with compliant vendors and reconcile monthly.
• One unfiled return blocks your Tax Clearance Certificate. A single missed return — even a nil one from years ago — stops your TCC, which then cascades: you can’t renew your EXIM code, bid on government tenders, or clear a bank loan. Businesses discover an old unfiled return only when a tender deadline is days away.
• Every incorporated company must be audited by an ICAN-registered auditor before filing — there is no small-company exemption. Start the auditor early; leaving it to Shrawan is how companies blow the Ashwin deadline. (Sole proprietorships and partnership firms have lighter certification thresholds.)
• The IRD portal is finicky. "Unauthorised access" errors when downloading returns, lockouts from multiple sessions, and stale-cache glitches are common — it works best on a single clean browser session, and if it’s down near a deadline you can file physically at your IRO.

Tax Requirements by Company Type

The Role of PAN and VAT Registration

PAN (Permanent Account Number)

Every business must have a PAN. It is your unique taxpayer identifier across all tax filings. You need it to open bank accounts, register with government agencies, issue invoices, and file any tax return. Apply at the IRD — processing takes 1–3 working days.

VAT Registration

VAT registration becomes mandatory once turnover crosses NPR 50 lakh (goods) or NPR 30 lakh (services or mixed) over any 12 months — and within 30 days of crossing it. Once registered, you must:

• Charge 13% VAT on all taxable sales
• Issue proper VAT invoices for every transaction
• File monthly VAT returns within 25 days — even nil returns in months with no sales
• Maintain purchase and sales books, and upload the sales/purchase register in IRD’s prescribed format
• Display your VAT registration certificate at your business premises

Quick Compliance Checklist

Frequently Asked Questions

What is the tax filing deadline for companies in Nepal?

A company files its annual income tax return within 3 months of the fiscal year-end — by the end of Ashwin (~mid-October). A further 3-month extension can be requested, but interest still accrues on unpaid tax. VAT and TDS returns are due monthly by the 25th of the following Nepali month.

What is the VAT return filing deadline in Nepal?

VAT-registered businesses file a return every month by the 25th of the following Nepali month on the IRD Taxpayer Portal. Some small taxpayers are assigned four-monthly (trimester) filing instead — check the frequency printed on your VAT registration.

What is the penalty for filing taxes late in Nepal?

Late filing attracts interest at 15% per annum on unpaid tax, plus fees for late VAT returns and TDS deposits. Persistent non-compliance can lead to additional charges and legal action from the IRD — so file and pay by the 25th to avoid them.

What is the corporate income tax rate in Nepal?

The standard rate is 25%. Banks, finance companies, general insurance and petroleum/tobacco/alcohol businesses pay 30%; special/IT industries, power generation and infrastructure are taxed at 20%. Rates are set each year by the Finance Act.

When are advance tax installments due?

In three installments: 40% by end of Poush (~mid-Jan), 70% by end of Chaitra (~mid-Apr), and 100% by end of Ashad (~mid-Jul). If your total estimated tax is below NPR 7,500, you are exempt from advance tax.

How do I file a VAT return on the IRD portal?

Log in to the IRD Taxpayer Portal with your PAN/VAT credentials, select the VAT return, enter your sales (output VAT) and purchases (input VAT), let the portal auto-calculate the payable or creditable amount, submit, pay via bank or online gateway, and download the acknowledgment.

When exactly is the annual income tax return deadline for FY 2082/83?

For FY 2082/83 (ending Ashad end 2083, ~mid-July 2026), the annual income tax return is due within 3 months of year-end — by the end of Ashwin 2083 (~mid-October 2026). A further 3-month extension can be requested, but interest keeps accruing on unpaid tax from the original deadline. VAT and TDS returns remain due monthly by the 25th throughout the year.

What are the TDS rates in Nepal?

The common company rates: rent to an entity 10% (house rent to a natural person has no federal TDS — a local rent tax applies); service/consultancy fee 1.5% if the provider is VAT-registered, else 15% for PAN-only providers; contract/supply 1.5% once cumulative payments to one party pass NPR 50,000; commission 15%; interest 15% to an entity (5–6% on bank deposits to individuals); dividend 5% (final); meeting/board fee 15%; royalty 15%. Deposit and file the eTDS return by the 25th of the following Nepali month. See the full table above.

What is the OCR annual return deadline in Nepal?

Companies must file their annual return — with audited financial statements — with the Office of Company Registrar (OCR) within 6 months of the fiscal year-end (~mid-January). This is separate from the IRD income tax return (due ~mid-October). Missing it can lead to fines and, for repeated default, strike-off of the company.