Registration of firms made easier

KATHMANDU, SEP 9: 

Office of the Company Registrar has made company registration and e-filing of company documents easier to encourage possible investors.

Earlier, the business registration process had always been a combination of electronic and manual processes, that required manual intervention at each process, making it lengthy and cumbersome.

Now, once the company name is selected, it can be further reserved for time being within which the company registration application should be e-filed, explained Er Sansar Jung Dewan giving an overview of Business Processing Reengineering of registration and administration processes, service design aspects, business continuity and information governance and security.

He gave a live demonstration on how a company can be registered online by checking the available company name.

For already registered companies, a user name needs to be created for post registration online services and all the relevant documents complying with the Company Act should be e-filed, he said, adding that on the successful completion of the process, a user will receive a notification. 

“Once the automated system comes into practice, electronic registry will be maintained, which will have e-documents of all the companies.”

For those companies, which do not have internet connectivity, service centres will be set up to upload the relevant documents, he added.

The first session of the seminar on ‘Online Company Registration and e-filing of Company Documents’ in cooperation with International Finance Corporation (IFC) of World Bank Group, was chaired by secretary at the Ministry of Industry Uma Kanta Jha and acting registrar at the Office of the Company Registrar Toya Nath Adhikari.

Similarly, the second session was chaired by the joint secretary at the 

Ministry of Industry Anil Kumar Thakur.

Source: THT