Public company is that company that raises the fund from the general public. “Limited” is used after the name of the public company.
Under the Companies Act, 2063 those company that needs a minimum of 7 promoters for incorporation and a maximum woul be of any number is known as public company. Public Company should write "limited: to its name as the last words. The paid-up capital of the public company is minimum NRs. 1,00,00,000.
Process and Procedure for registration of Company in Nepal;
Step 1: Reservation of company name at the office of the Company Registar (OCR)
Step 2 : Submission of the physical copy of documents at OCR
Step 3 : Examination of submitted documents by OCR
Step 4 : Issuance of Incorporation Certificate by OCR
Time required for the registration of the public company: Maximum 7 days from the date of application filed.
Number of Board of Directors: At least 3 to maximum 11, and if a woman is shareholder then at least 1 woman.
Number of shareholders: At least 7 to maximum unlimited.
All the details about cost and fees to register a new company in Nepal is covered above in the topic ‘Company registration cost in Nepal’. Please check if you have missed. Also, the rates are applicable for the time this article was prepared/updated (recent update: Jestha 2074). We will try to keep this information updated.
Company Registrar Office (?????? ????????? ???????? ????????) is located at Tripureshwor Kathmandu.
A minimum paid up capital of 10 Million Nepalese Rupees is required to register a public limited company.
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