The Companies Act, 2063 provides that OCR should register a company within seven days after a proper incorporation application is filed, following the necessary examination and payment of the prescribed fee.
However, this should not be presented as a guaranteed seven-day completion time in every case. Name approval, incomplete documents, amendments requested by OCR, identity verification, sector-specific approval and foreign-investment requirements can extend the overall process.
What can affect processing time?
Common causes include:
- a proposed name being too similar to an existing company or trademark;
- unclear or legally restricted business objectives;
- missing or inconsistent founder information;
- defective Memorandum or Articles;
- pending prior approval from another regulator;
- foreign-investment documentation;
- requests for correction or clarification.
Best way to describe the timeframe publicly
For a Help Centre article, use the statutory rule and avoid claiming a fixed market-processing time unless supported by current OCR service data.