Government Extends Company Penalty Waiver Deadline to End of Poush
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5th November 2026, Kathmandu
The Government of Nepal has extended the deadline for non-compliant and inactive companies to update their annual records and clear statutory dues with a penalty waiver.
Government Extends Company Penalty Waiver
Companies can now avail of this facility until the end of Poush 2083 (January 14, 2027). The deadline has been extended by two months from the previous cutoff of Kartik-end.
Key Provisions and Penalty Relief Mechanism
The Office of the Company Registrar has detailed the requirements for companies seeking to regularize their status or proceed with deregistration.
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- Extended Deadline: Poush-end, 2083 (January 14, 2027).
- Penalty Waiver Condition: Companies that submit all required annual returns and pay statutory taxes, fees, and charges up to Fiscal Year 2082/83 will receive a full waiver on accumulated taxes, fees, charges, and penalties for all preceding fiscal years.
- Official Appeal: Registrar Krishna Kumari Shrestha urged company directors to utilize the extended window, emphasizing that the waiver facility will strictly expire after Poush-end.
Company Registration Trends and Foreign Returnee Investment
The Office of the Company Registrar reported a significant surge in new business incorporations across the country.
- FY 2081/82 Registrations: 20,736 companies.
- FY 2082/83 Registrations: 26,291 companies (An increase of 5,555 companies compared to FY 2081/82).
- Current FY Registrations: 10,480 new companies registered up to Kartik 12, 2083.
- Primary Growth Driver: Registrar Shrestha attributed the rise in registrations to Nepalese returnees investing their skills, technology, and capital earned abroad into local enterprises.
National Company Registry Statistics
The administration and regulatory coverage of registered corporate entities reflect key national benchmarks.
- Total Registered Companies: 388,690 companies registered to date under the Companies Act 2063.
- Deregistered Companies: 14,970 companies officially liquidated or canceled.
- Eligible Entities: All active and non-compliant registered companies (private limited, public limited, and non-profit distributing companies) that have overdue annual filings are eligible for the penalty relief scheme.
