Annual Company Update in Company Registrar

In Nepal, companies are required to renew their registration on an annual basis with the Office of the Company Registrar (OCR).  All the registered companies in Nepal should file Annual Return with OCR (Office of Company Registrar), whether it is Private Limited Company, Public Limited Company or Non-Profit Organization. Even there is no business transaction for any fiscal year, company needs to file annual return to the OCR. Every company in Nepal should submit annual reports to Office of the Company Registrar Nepal within the six months after the end of the fiscal year.

Updating Company Information in Company Registrar

If your company has undergone any changes (e.g., change in company directors, change in company address, capital structure, or other key details), you must update this information with the Company Registrar's Office. Four Ace Business Solutions has more than a decade of experience in this field of company administration works in Nepal.

1. Initial Update: After registering a company in Nepal, Initial update of the company in office of company registrar (OCR) should be done within the three months of company registration.
2. Address change of the Company: Submit a request to update the official address of the company or contact details.
3. Shareholder or Director Change in Company: If there are any changes in directors or shareholders, submit a resolution from the board of directors, along with the updated details.
4. Name Change of company: If you want to change your company name, file a formal request to the company registrar.
5. Capital Structure Change / Share lagat: If there is an increase or decrease in the company's share capital, file the necessary paperwork to the company registrar. Share lagat is a official share register book of the company
6. Change in Objective of the Company: If you want to change your company objective, file the necessary paperwork to the company registrar.
7. Amendment in AOA and MOA: If you want to ammendment in AOA and MOA of the company, file the required paperwork to the company registrar.

Please contact Four Ace Business Solutions for company renewals, updates and amendment, so you can avoid fines, penalties, and ensure smooth business operations.