Checking if a company name is available is a smart move. This ensures legal compliance and avoids confusion. It also helps with branding efforts and securing an online presence.
This is an essential part before registering a company.
Read More: How to Register a Company in Nepal
A Guide to Checking Company Name Availability in 3 Simple Steps
Here is a step-by-step guide to check if your preferred company name is available for registration in Nepal:
- Step 1: Go to www.ocr.gov.np, the company registrar's website. Click on 'Company Online Services'.
- Step 2: If you are new, register and complete forms with your full name, email, and contact number.
- Step 3: After logging in, select 'Name Check/Name Reservation'. Fill in details like the type of company and the name you want in Nepali or English. Submit it for approval.
Note: The OCR will check your submission and let you know if the name is available. This typically takes 2 to 4 days.
Provisions in Companies Act 2063 Regarding Rejection of Company Name
Under the Companies Act of 2063 (2006), the Company Registrar's Office has the authority to decline the registration of a company under specific circumstances. These circumstances include:
- If the name of the proposed company is identical to the name of an existing company.
- If the proposed company's name is too similar to an existing company's name, it may cause confusion.
- If the name of the proposed company is against the public interest or morality.
- If the name of the proposed company suggests criminal activity.
Keep in mind that the situations mentioned here do not cover all the possibilities. For further details, please read the Companies Act of 2063 (2006).
Frequently Asked Questions
What language is allowed when selecting a name for company registration in Nepal?
To register your company name, you can use either Nepali or English. Just remember, the company name shouldn't mix English and Nepali letters at the same time.
How long does a company name take to be approved in Nepal?
Typically, it takes about 2 to 4 days to get approval for a company name in Nepal.