Sole Traders

StepProcedure and required documentsRelevant legislation  Relevant Body of RegistrationApplicable Fees
Private firm RegistrationSubmission of Annex-1 form along with the following information Name of the firmAddress and Contact InformationObjective of the firm and details of goods to be tradedName of the owner and addressCopy of citizenship CertificateTrading and Business Act (2076)For Capital upto Five Lakh Rupees- VDC or Municipality Above five lakh upto five crores- Small and cottage Industry development Committee Above Five Crores- Industry Commerce and Consumer Protection DirectorateUpto 100,000 100,000-300,000 300,000-500,000 500,000-2,000,000 2,000,000-10,000,000 10,000,000-50,000,000 50,000,000 and above1,000 3,000 6,000 12,000 20,000 30,000 50,000
Industry RegistrationSubmission of Annex-2 and Annex 3 form for Micro Cottage and Small Industries Submission of Annex 1 and Annex 2 form for other Industries Documents Required Name of the firmAddress and Contact InformationObjective of the firm and details of goods to be tradedName of the owner and addressCopy of citizenship CertificateLocal Level Recommendation LetterMap of the area  Industrial Enterprise Regulation, 2073(Subject to Change)In case of Cottage and Small Industries- Cottage and Small Industries Department In case of other Industries-Department of Industries  
PAN /VAT Registration (Depending on the nature of Business)Submission of PAN registration Firm An Online application/ standard form of application (Hard Copy) to obtain PAN/VAT Registration Certificate COPY OF Citizenship certificateCopy of private firm registration certificateCopy of industry registration certificateLocation Map  Income Tax Act/VAT ActInland Revenue Department  
Local Level Business RegistrationSubmission of application for registration along with Copy of Private Firm Registration certificateCopy of Industry Registration CertificateCopy of PAN/VAT Registration CertificateKathmandu Tax and Non-Tax Revenue Act/Local Government Operations actKathmandu Metropolitan City Office  

Approvals:

Approvals may be required from the following government agencies depending on the nature of business before commencing registration process

  • Department of Food technology and quality control
  • Department of Drug Administration
  • Department of Tourism
  • Department of co-operatives
  • Nepal Rastra Bank
  • Civil Aviation Authority
  • Department of Mining
  • Department of Information technology
  • Industry Investment and Promotion board (in case of industry falling under annex-1 of Industrial Enterprise act)

In case of any additional approval requirement copy of approval letter needs to be submitted at each stage.