Companies that have not submitted details for a long time, are yet to be liquidated, get waiver of arrears till mid-January

लगानी न्यूज

१९ कार्तिक २०८३, बिहीबार ०७:२४November 5, 2026

{{TAG_OPEN_div_32} Kathmandu. The government has extended the deadline for updating the details of the companies that have not submitted their annual report for a long time and are yet to go to the liquidation process. Earlier, the deadline was extended by two months till the end of November.

According to the Company Registrar’s Office, the taxes, fees, fees and penalties of all the previous fiscal years will be waived if the taxes, fees and fees up to the fiscal year 2082/83 are paid as per the rules.TAG_OPEN_div_30

Registrar of the office, Krishna Kumari Shrestha, has urged the company directors to take benefit from the facility of waiving the fine by updating the details on time.TAG_OPEN_div_28

Meanwhile, the number of new companies being registered in the office has increased. In the fiscal year 2081/82, 20,736 companies were registered, while in the fiscal year 2082/83, 26,291 companies were registered. In the last fiscal year, 5,555 more companies were registered as compared to the previous year.TAG_OPEN_div_26

According to Registrar Shrestha, 10,480 companies have been registered till October 26 of the current fiscal year. He said that the registration of companies has also increased as Nepalis who have returned from abroad have started operating their business by investing the skills, technology and capital earned there.TAG_OPEN_div_24

According to the Companies Act, 2063, the office has been dealing with the establishment, registration, administration, regulation and liquidation of private limited, public limited and non-profit companies.TAG_OPEN_div_22

The office manages the process of amendment, merger and merger of the company’s share structure, name, letter of association and regulations, and records of shares and debentures. In addition, the company monitors whether or not it has worked in accordance with the law and whether or not it has submitted the necessary documents and annual statements.

So far, 388,690 companies have been registered at the office and 14,970 companies have been scrapped.TAG_OPEN_div_18

The office collects and manages the details of the real owners of the company and initiates the process of liquidation of the companies that are not operating in accordance with the law or want to close down.