Every registered company in Nepal is legally required to submit its annual report and update its details with the Office of the Company Registrar (OCR) — even if the business has no major activities during the year.
This process, commonly referred to as “Company Adhyawadhi” or Yearly Update, is not just a formality. Failing to do so can result in fines, legal complications, and even the suspension of your company registration.
At Corporate Law Firm, we help companies of all sizes submit timely and accurate yearly updates so you stay compliant, avoid penalties, and maintain a good legal standing.
🧾 What Is the Company Yearly Update?
Under the Companies Act, 2063 (2006), every registered company must submit an Annual Report (Adhyawadhi) to the OCR that includes:
- Company’s financial details (balance sheet, profit/loss, etc.)
- Details of shareholders and directors
- Updates to share capital (if any)
- Confirmation of the registered address and company objectives
- Auditor’s report and appointment details
- Confirmation of compliance with applicable laws
This applies to Private, Public, and Not-for-Profit companies.
📑 Documents Required
To file your Company Yearly Update, you will need:
- Copy of latest Audit Report (prepared by a registered auditor)
- Copy of Board Resolution approving the audit and annual report
- Updated Shareholder and Director Information
- Company Registration Certificate
- PAN Certificate
- Memorandum & Articles of Association (MOA/AOA)
- Auditor Appointment Details
- Tax Clearance Certificate (optional but recommended)
- Digital Signature (if submitting online)
Don’t worry — we handle the preparation, review, and e-filing on your behalf.
🛠️ What We Do for You
- Review of company records and audit reports
- Drafting board resolutions for annual filing
- Preparing and submitting yearly update documents to OCR
- Coordinating with auditors and government offices
- Ensuring timely compliance to avoid penalties
- Issuance of updated company status from OCR
⏱️ Time Required
- Standard Filing Time: 3–5 working days
- Deadline: Within 6 months of fiscal year-end (Mid-January)
Late filings are subject to penalties as per OCR guidelines.
💰 Our Service Fee
We provide transparent and affordable pricing:
- Private Limited Company: Starting at NPR 8,000
- Public/NGO/Not-for-Profit: Custom pricing based on complexity
- Audit support available upon request (charged separately)
✅ Why Choose Corporate Law Firm?
- ✔ Experienced in OCR regulations and annual compliance
- ✔ Fast, reliable, and fully compliant service
- ✔ End-to-end support with document preparation and e-filing
- ✔ Trusted by companies across Nepal
- ✔ Affordable pricing with no hidden fees
📌 Stay Legally Updated — Avoid OCR Penalties
Don’t risk your business license over a missed update. Let Corporate Law Firm handle your Company Yearly Adhyawadhi so you stay worry-free and fully compliant with Nepalese company law.
📧 Email: info@corporatelawfirm.com
📞 Call/WhatsApp: +977-XXXXXXXXXX
👉 Book Your Yearly Update Service today and stay on the safe side of the law.