Complete Guide to Annual Company Compliance in Nepal

This resource consolidates every recurring compliance obligation a registered company in Nepal must meet. Use it as your annual checklist.

Monthly Obligations

• VAT Return Filing — Due by the end of the following month. Applies to all VAT-registered businesses.
• Salary ETDS Filing — Tax deducted from employee salaries must be deposited and reported monthly.
• Bookkeeping Updates — Maintain your trial balance and ledger entries throughout the month.

Annual Obligations

• Company Update (Adhyawadhik) — File with the OCR by the end of Poush (पुष मसान्त). Includes financial information and shareholder details.
• Share Lagat Filing — Verify shareholder investment records with the OCR.
• Annual Tax Return — File with the IRD within three months of your fiscal year end, including financial statements and supporting schedules.
• Company Yearly Renewal — Complete share lagat and adhyawadhik renewal to keep the company in good standing.
• EXIM Code Renewal — If you import or export, renew your EXIM code before the end of Ashad (असार मसान्त).

As-Needed Obligations

• Tax Clearance Certificate — Required for company closure, share transfers, and foreign travel of directors.
• Trademark Renewal — Renew before expiry to maintain brand protection.

Penalties for Non-Compliance

Each missed deadline carries its own fine, and penalties accumulate. In severe cases, the OCR can flag a company for deregistration. The cost of professional compliance support is almost always lower than the cost of accumulated penalties.

Let Us Handle It

Smart Accounting manages the full compliance calendar for your company. We track every deadline and send reminders so nothing slips through the cracks.