Checking company name is an important and necessary step before registering a company, it's mandatory to check the availability of the name in the OCR database.
The importance of this cannot be underlined enough, as it helps not only to be sure that the desired entity does not exist but also to protect your brand identity from getting confused with existing entities.
In Nepal, the Company Registrar's Office (OCR) is responsible for registering and overseeing companies, and it maintains a database of all registered companies.
To check the availability of a company name in Nepal, you can visit the Company Registrar's Office in person or you can take an online service for a company name check as well.
Check Company Name Availability on OCR: Step-by-Step Process
Step 1: To check whether the company name is available or not, you should first go to the company registrar's website www.ocr.gov.np.
Step 2: On the OCR website menu, you'll find an option to reserve a company name. Click on that link to access the page.
Step 3: Once you click on the "reserve company name" link, a new tab will open with the option to sign up or log in.
If you're a new user, you'll need to sign up and fill in all the required fields such as your full name, email address, phone number, gender, and citizenship or passport number.
Step 4: Once you've signed up and logged in, you'll see a new form for reserving a company name.
This form will ask for details like the company type and name in both English and Nepali.
Fill out the form with the necessary information and submit it for approval.
Step 5: After submitting the company name for approval, the OCR will review it. This process usually takes 2-4 days to receive approval for the name.
Company Name Check: Video Tutorial
Companies Act 2063 (2006)
The Company Registrar's Office may refuse to register a company in any of the following circumstances:
- If the name you propose for your business is too similar to an existing company or is misleading, the Registrar's Office will reject your name during the registration process.
- The Company Registrar has the authority to reject your company registration if the proposed name or purpose violates current laws, appears unfair or against the public interest, goes against decency, morality, or etiquette, or suggests criminal activity.
- If a company's registration has been canceled under the Company Act 2063 (2006) or has been declared bankrupt under the law, the proposed company's name may not be used.