---
title: "Short note: Company registration process"
subject: "Engineering Professional Practice"
chapter: 5
key: "semester_8/engineering_professional_practice:short-note-company-registration"
source: https://www.bctengineer.com/q/semester_8/engineering_professional_practice/short-note-company-registration
site: BCT Engineering
---

# Short note: Company registration process

Engineering Professional Practice · Chapter 5: Regulatory Environment

- Asked in: 2072 Magh, 2.5 marks
- Video: [6. Incorporation/ Registration of a Company - From Company Law/ BOM (Business Organization & Mgmt)](https://www.youtube.com/watch?v=p87kWjTgz_c) — Devika's Commerce & Management Academy
- Answer checked by Claude Opus 5.5 (high effort) on 2026-10-14
- Page: https://www.bctengineer.com/q/semester_8/engineering_professional_practice/short-note-company-registration
- Whole chapter: https://www.bctengineer.com/md/semester_8/engineering_professional_practice/chapter-5

## Question

Write a short note on Company registration process.

## Short answer

Company registration in Nepal is done at the Office of the Company Registrar under the Companies Act 2063. Choose a company type and approved name, prepare the Memorandum and Articles of Association, submit them with fees to obtain the certificate of incorporation, then register for PAN/VAT and get other licences.

## Answer

A company is a legal person, separate from its owners, formed by registration under the Companies Act 2063. Registration is done at the Office of the Company Registrar (OCR), under the Ministry of Industry, Commerce and Supplies. A private company can have 1 to 101 shareholders; a public company needs at least 7 shareholders.

**Process**

1. Choose the type (private, public, or non-profit) and a unique name; get the name approved by the Registrar.
2. Prepare the Memorandum of Association (objectives, capital, name, address) and the Articles of Association (internal rules, board, meetings).
3. Submit the application with the MOA, AOA, shareholder details, capital details and the prescribed fee. Most of this can now be done online.
4. The Registrar examines the documents and issues the Certificate of Registration (incorporation). A public company also has to complete the prospectus and share issue before starting business.
5. After registration: get PAN/VAT registration from the Inland Revenue Office, register with the local authority, and obtain other licences needed for the business. A company must keep books of accounts, hold annual general meetings and file annual returns.

## Check yourself

The answer's key points as multiple-choice questions, with the correct option and why.

1. Where are companies registered in Nepal?
   A. Inland Revenue Office
   B. Office of the Company Registrar under the Companies Act 2063
   C. Labour Office
   D. Department of Industry
   Answer: B. Registration is done at the Office of the Company Registrar. (Key point: Registering authority)

2. The Articles of Association contain
   A. objectives, capital, name, address
   B. internal rules, board, meetings
   C. tax details only
   D. price lists
   Answer: B. AOA is internal rules; MOA has objectives, capital, name and address. (Key point: MOA and AOA)

3. Which step follows registration?
   A. Cancel the certificate
   B. PAN/VAT registration, local authority registration and other licences
   C. Nothing is needed
   D. Dissolve the company
   Answer: B. After incorporation the company obtains PAN/VAT and other licences. (Key point: After registration)

## Related in Engineering Professional Practice

- [IPR and company registration in Nepal](https://www.bctengineer.com/question.md?key=semester_8%2Fengineering_professional_practice%3Aipr-company-registration-nepal) — Engineering Professional Practice, chapter 5
- [Short note: Consulting firm registration](https://www.bctengineer.com/question.md?key=semester_8%2Fengineering_professional_practice%3Ashort-note-consulting-firm-registration) — Engineering Professional Practice, chapter 5