Nepal, renowned for its majestic Himalayas and rich cultural heritage, offers unparalleled trekking experiences. Register a trekking company in Nepal not only allows you to share these wonders with the world but also contributes to the local economy. This guide provides a step-by-step process to legally register your trekking agency in Nepal, ensuring compliance with all regulatory requirements.
Decide on the legal structure of your trekking company. The most common options are:
Private Limited Company: Ideal for those seeking limited liability and the ability to raise capital through shares.
Sole Proprietorship or Partnership: Suitable for smaller operations but offers unlimited liability.
Note: Foreign nationals can invest in trekking company in Nepal; however, certain restrictions may apply. It’s advisable to consult with a legal expert to understand the specific regulations.
Select a unique name for your trekking company. Ensure that the name is not already in use by another registered entity. You can check name availability and reserve your company name through the Office of the Company Registrar (OCR).
Gather the necessary documents for registration:
Memorandum of Association (MOA) and Articles of Association (AOA): These documents outline the company’s objectives, structure, and operational guidelines.
Citizenship Certificates: Copies of the citizenship certificates of all directors and shareholders.
Passport-Size Photographs: Recent photographs of directors and shareholders.
Office Lease Agreement: Proof of the company’s physical address.
Bank Guarantee: A bank guarantee of NPR 5 lakhs, valid for five years, in favor of the Department of Tourism.
Paid-Up Capital Proof: Evidence of the company’s paid-up capital, which must be at least NPR 25 lakhs for a private limited company.
Tax Registration Certificates: PAN and VAT registration certificates from the Inland Revenue Department.
4. Register with the Office of the Company Registrar
Submit the prepared documents to the OCR for company registration. Upon approval, you will receive a Company Registration Certificate.
Register your company with the Inland Revenue Department to obtain a Permanent Account Number (PAN). If your annual turnover exceeds NPR 2 million, you must also register for Value Added Tax (VAT).
Register your company with the Department of Industry (DOI) to obtain an Industry Registration Certificate. This step is crucial for operating legally in Nepal.
Submit the following documents to the Department of Tourism:
Company Registration Certificate
PAN and VAT Registration Certificates
Bank Guarantee of NPR 5 lakhs
Proof of Paid-Up Capital
Citizenship Certificates of Directors
Office Lease Agreement
Upon approval, you will receive a Travel and Trekking License, valid for five years.
While not mandatory, becoming a member of TAAN can provide numerous benefits, including networking opportunities, training programs, and advocacy support. You can apply for membership through the TAAN official website.
Compliance with Local Regulations: Ensure that your trekking company adheres to all local laws and regulations, including environmental guidelines and safety standards.
Insurance: It’s advisable to obtain insurance coverage for your company, guides, and trekkers to mitigate potential risks.
Marketing and Promotion: Establish an online presence through a professional website and social media platforms to attract international clients.
Sustainable Practices: Implement eco-friendly practices to promote sustainable tourism and preserve Nepal’s natural beauty.
Register a trekking company in Nepal is a rewarding endeavor that allows you to share the country’s natural beauty with the world. By following the outlined steps and ensuring compliance with all legal requirements, you can build a successful and reputable business. However, navigating the legal and regulatory processes can be complex.
It’s highly recommended to consult with a top law firm in Nepal specializing in company registration to ensure your business is set up correctly, avoiding potential legal hurdles down the line. Prioritize safety, sustainability, and customer satisfaction to thrive in the competitive trekking industry.
Q1: Can foreign nationals register a trekking company in Nepal?
Yes, foreign nationals can invest in and register a trekking company in Nepal. However, certain restrictions may apply, and it’s recommended to consult with a legal expert for detailed information.
Q2: What is the minimum capital requirement for a trekking company?
The minimum paid-up capital for a private limited trekking company is NPR 25 lakhs.
Q3: How long does the registration process take?
The entire registration process typically takes between 45 to 60 days, depending on the completeness of your documentation and the efficiency of the respective departments.
Q4: Is membership with TAAN mandatory?
No, membership with TAAN is not mandatory. However, it offers several benefits, including credibility, networking opportunities, and access to training programs.
We are a government-authorized trekking agency in Nepal. We have strictly followed all necessary legal procedures and obtained necessary licenses and certificates to be liable to operate travel services in Nepal.
