5th March 2025, Kathmandu
Nepal’s Registrar of Companies has introduced a new online system that allows businesses to register and deregister companies without being physically present at the office. The system aims to simplify the process, improve efficiency, and increase transparency.
Online Business Registration in Nepal
Complete Online Process
Starting Monday, all company-related procedures can be completed online, from registration to deregistration. This system, named the Company Administration Management Information System, integrates all necessary modules to streamline the process. The new method eliminates the need for physical visits to the office for most tasks.
Application Process Made Easier
Through the new system, applicants can submit their company registration or deregistration forms online. These applications are automatically assigned to the relevant staff members for processing. Name approvals and registration requests are handled in one step, speeding up the process. For identification verification of shareholders, directors, or applicants, physical presence may still be required, but most other tasks can now be completed online.
Digital Signatures for Documents
Once an application is processed, documents are digitally signed and automatically sent to the respective company’s online account. This reduces paperwork and speeds up communication. Companies will no longer need to visit the office to track their applications; they can access the status and related documents online at any time.
Improved Efficiency and Transparency
The new system is designed to reduce time and effort for both businesses and government authorities. It allows users to complete all company administration tasks through the internet. By handling most of the process online, the system makes the entire procedure more transparent and efficient. This new initiative follows user feedback to enhance the system’s functionality and make it more user-friendly.
Easier Access for Companies
The online platform not only makes it easier for businesses to submit applications, but it also ensures that the entire procedure is more accessible. Companies can track the status of their applications and access all related documents in real-time. This move to an online system eliminates the need for physical visits, reducing the burden on both companies and the registrar’s office.
Faster, Transparent Processes Ahead
The online system ensures that business registration and deregistration are completed much faster. The time-consuming process of physically visiting the office has been replaced with an efficient digital platform. This is expected to improve the overall experience for both business owners and the authorities managing the process.
A Step Towards Digitalization
With this change, Nepal’s company administration process moves towards a fully digital system, offering a smoother, faster, and more efficient experience. The new system is part of an ongoing effort to modernize and simplify government services for businesses operating in Nepal.