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How to Change Company Name or Address in Nepal - Complete Process

How to Change Company Name in Nepal

In Nepal, the process to change a company's name or company address typically involves the following steps:

  • Obtain the approval of the shareholders: The first step in changing a company's name is to obtain the approval of the shareholders. A resolution to change the name of the company must be passed by the shareholders in a meeting, either in person or through a proxy vote.
  • File a notice of change of name with the Company Registrar: The next step is to file a notice of change of name with the Company Registrar. This notice should include the old name of the company and the proposed new name.
  • Obtain the approval of the Company Registrar: After filing the notice of change of name, the Company Registrar will review the proposed new name to ensure that it is not similar to the name of any existing company and that it complies with the legal requirements. If the Company Registrar approves the proposed new name, it will issue a certificate of incorporation in the new name.
  • Update all relevant records and documents: Once the company has received the certificate of incorporation in the new name, it must update all relevant records and documents, such as bank accounts, contracts, licenses, and permits, to reflect the new name.
  • Publish a notice of change of name: The final step is to publish a notice of change of name in a national daily newspaper, announcing the change of name to the public. This notice should include the old name of the company, the new name, and the date of the change.