Annual Compliance Checklist for Nepali Companies

Company registration is the easy part. What catches most founders off guard is what comes after: a set of recurring deadlines spread across the Companies Act, Income Tax Act, and Labour Act, each with its own penalty structure.

The three fixed annual dates

When	What's due
Aasoj / आश्विन मसान्त (mid-October)	Tax clearance certificate from the Inland Revenue Office
Poush / पौष मसान्त (mid-January)	Annual return + audited financial statement, filed with OCR
Ongoing	Social Security Fund contributions, once you have employees

Deadlines triggered by events, not the calendar

• Director appointed → notify within 7 days (Companies Act §92)
• Director or company secretary details change → within 15 days (§107)
• Auditor appointed → notify within 15 days (§111)
• Registered office address changes → within 3 months (§184)
• Share capital increases → balance fee due, or Rs. 1,000 if capital is unchanged

What happens if you miss one

Penalties escalate under Section 81 of the Companies Act, starting around Rs. 1,000–5,000 depending on your authorized capital band, rising to an annual penalty of up to Rs. 20,000, plus Rs. 200 for every additional month of default. None of this is negotiable after the fact; it's formula-based.

The easiest fix

Most missed deadlines aren't willful: they're just untracked. We maintain a compliance calendar for retained clients and file the recurring items before they become penalties. Our full deadline table (with exact section references) is on the Resources page.

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