Overview
| Field | Value |
|---|---|
| Region | Asia (West, South & Central) |
| ISO 3166-1 | NP / NPL |
| Registry | Office of the Company Registrar (OCR) |
| Last updated | 2026-05-06 |
Identifiers
Collect two identifiers from each business customer in Nepal and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | Permanent Account Number (PAN) | Inland Revenue Department (IRD) |
businessInfo.businessEntityId | Company Registration Number | Office of the Company Registrar (OCR) |
Sector regulators
NRB · NIA · SEBON · DMLI
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Public Limited Company | Ltd. | Minimum 7 shareholders, no upper limit; shares freely transferable and may be listed on the Nepal Stock Exchange; mandatory public disclosure and statutory audit. Equivalent to a US C-Corp. |
| Non-profit Distributing Company | — | Incorporated under Companies Act 2063 s.166 for social, charitable, educational, or professional purposes; profits must be reinvested in the stated objects; no minimum capital requirement. Closest US equivalent: Nonprofit Corporation (501(c)(3)). |
| Private Limited Company | Pvt. Ltd. | 1–101 shareholders; share transfer restricted; minimum paid-up capital NPR 100,000; most common vehicle for SMEs and foreign investors; separate legal personality with limited liability. Equivalent to a US LLC. |
| General Partnership Firm | — | Two or more persons carrying on business in common under the Partnership Act 1964 (as amended 2020); all partners bear unlimited joint and several liability; registered with the relevant industry department. Closest US equivalent: General Partnership (GP). |
| Sole Proprietorship Firm | — | Single natural person conducting commercial activity under the Sole Proprietorship Registration Act 2021; no separate legal entity; owner bears unlimited personal liability; registered with the relevant industry or commerce department. Equivalent to a US Sole Proprietorship. |
| Cooperative Society | — | Member-owned organization formed under the Cooperatives Act 2074 for mutual economic benefit (savings and credit, agricultural, consumer, multipurpose, etc.); registered at local, provincial, or federal level depending on operating scope. Closest US equivalent: Cooperative. |
| Foreign Branch Office | — | Extension of a foreign company registered under Companies Act 2063 s.154; not a separate legal entity; parent company bears full liability; must file audited Nepal accounts annually with OCR. Closest US equivalent: Branch/Rep Office. |
| Foreign Liaison (Representative) Office | — | Non-commercial presence of a foreign company in Nepal; permitted only for market research, promotion, and liaison activities; may not generate revenue or conduct trade; registered with the Department of Industry. Closest US equivalent: Branch/Rep Office. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | Company Registration Certificate |
| Constitutive Documents | All required: Memorandum of Association + Articles of Association |
| Tax Registration | PAN Certificate |
| Operating Permit | Business Operating Certificate |
| Ownership Records | Share Register |
| Governance Records | Directors Register |
| Signing Authority | Board Resolution |
| Address | Any one of: Lease Agreement · Utility Bill · Bank Statement |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| Company Registration Certificate | Legal Registration |
| Memorandum of Association (MoA) | Constitutive Documents |
| Articles of Association (AoA) | Constitutive Documents |
| PAN Certificate | Tax Registration |
| Business Operating Certificate (व्यवसाय सञ्चालन अनुमतिपत्र) | Operating Permit |
| Share Register (OCR-filed shareholder list) | Ownership Records |
| Directors Register (OCR annual filing) | Governance Records |
| Board Resolution | Signing Authority |
| Lease Agreement | Address |
| Utility Bill (≤90 days old) | Address |
| Bank Statement (≤90 days old) | Address |
| Sector-Specific License | NRB license, NIA license, SEBON license |
Collection notes
- Legal Registration: Issued by OCR via CAMIS system (camis.ocr.gov.np); digitally signed with QR code; bilingual (Nepali/English).
- Constitutive Documents: Filed as paired documents at incorporation; both required; OCR retains originals.
- Tax Registration: Issued by IRD (ird.gov.np); 9-digit number; downloadable signed PDF from taxpayerportal.ird.gov.np.
- Operating Permit: Issued by local municipality/ward office; required after OCR registration; must be renewed annually.
- Sector-Specific License: NRB for banks/FIs (BAFIA 2073); NIA for insurers (Insurance Act 2079); SEBON for securities intermediaries. Only required for regulated-sector entities.
- Ownership Records: Filed as part of annual return to the Office of the Company Registrar (OCR); includes all current shareholders, number of shares held, and date of most recent transfer.
- Governance Records: Filed as part of annual s.78 report to OCR; includes names, addresses, and appointment dates of all directors.
- Signing Authority: POA must be notarized by a licensed Nepali notary; no apostille available — MoFA attestation + destination-embassy attestation required for cross-border use.
- Address: Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Director (सञ्चालक) | CONTROLLING_PERSON | Member of the Board of Directors; governance role per Companies Act 2063 s.86–87. |
| Managing Director (प्रबन्ध सञ्चालक) | CONTROLLING_PERSON | Executive director appointed under s.96; day-to-day operational authority. |
| Chief Executive Officer (CEO) | CONTROLLING_PERSON | Senior executive; operational head; may or may not sit on the board. |
| Attorney-in-fact / POA holder (Adhikrit Warishana) | LEGAL_REPRESENTATIVE | Person authorized to act and sign on behalf of the company via notarized POA. |
Notes
- Apostille not available. Nepal is not a party to the Hague Apostille Convention (HCCH status table, verified 2026-05-06). Documents for cross-border use require MoFA attestation followed by destination-country embassy attestation in Kathmandu.
- Dual-calendar system. Nepal uses Bikram Sambat (BS) calendar; fiscal year ends mid-July. All OCR and IRD filings use BS dates (2082 BS = 2025/26 AD). Certificates show BS dates — convert when recording effective dates in Conduit systems.