Nepal Company Compliance Calendar

What Deadlines Does the Compliance Calendar Track?

The compliance calendar tracks 6 recurring company deadlines in Nepal: the statutory audit, the income-tax return, the OCR annual return, the AGM, monthly VAT and TDS returns, and monthly SSF contributions. Each annual date counts from fiscal year end.

Nepal's fiscal year runs from Shrawan to Asar, so the annual compliance dates in Nepal start in mid-July. The calendar shows these 6 deadlines, 4 annual and 2 monthly:

• Statutory audit - within six months of fiscal-year end. The statutory audit is the yearly external audit of a company's accounts by an auditor licensed by the Institute of Chartered Accountants of Nepal (ICAN), and every registered company needs one whatever its size. The calendar's six-month audit date follows statutory audit in Nepal, which covers the auditor's appointment and report.
• Income-tax return - within three months. Under the Income Tax Act 2058, a company files its income-tax return with the Inland Revenue Department (IRD) by the end of Asoj, three months after the income year ends. The IRD extends this date by up to three months on a written application.
• OCR annual return / Adyawadik - within six months. Under section 80 of the Companies Act 2063, a private company submits its audited financial statements to the Office of the Company Registrar (OCR). The deadline is six months after fiscal year end, at the end of Poush. This annual return to the OCR is company renewal (Adyawadik), the yearly update that keeps the company register current.
• AGM - annual. A public company holds its annual general meeting (AGM) within six months of fiscal year end. It files its accounts with the OCR within 30 days of the meeting. Since the 2074 amendment, a private company also holds its AGM within six months of fiscal year end, and AGM in Nepal covers the notice, quorum and minutes behind each calendar date.
• VAT and TDS returns - monthly by the 25th. A VAT-registered company files its VAT return with the IRD by the 25th of the following month. Tax deducted at source (TDS) is the tax a company withholds from salaries and other payments, and its deposit and return fall on the same day.
• SSF contributions - monthly. Under the Contribution Based Social Security Act 2074, the Social Security Fund (SSF) receives each month's contributions within 25 days after that month ends, the period set by the 2025 amendment. A company completes SSF enrolment as an employer before its monthly calendar deposits begin.

The 4 annual deadlines are yearly obligations, and the tax filing deadlines in Nepal come three months before the audit and OCR dates. The 2 monthly cycles repeat 12 times in every fiscal year.

How Does the Compliance Calendar Tool Work?

The tool behind the compliance calendar works in 3 parts: it places each recurring company deadline on the current fiscal year, personalises the dates from optional details and sets reminders. The Nepali FY (Shrawan-Ashad) anchors every date.

Each annual deadline counts from the last day of Asar, and each monthly deadline counts from the end of the Nepali month. The table shows where the calendar places the 6 deadlines in the current fiscal year.

The Gregorian dates shift each year with the Nepali calendar, so the Nepali (BS) date is the one to follow. The income-tax return falls three months before the six-month filings, which makes it the earliest annual date in the fiscal year.

Reminders, or alerts, flag each upcoming deadline before it falls due. The optional incorporation and fiscal details personalise the dates to one company, and without them the calendar shows the standard fiscal-year dates.

How to Use the Calendar

To use the calendar, a company follows 3 steps: view the fiscal-year deadlines, personalise the dates with its own details, and set reminders. Each step builds on the deadlines the calendar places on the current fiscal year.

The 3 steps turn the standard fiscal-year dates into one company's compliance schedule:

1. 1
   Step 1: View the fiscal-year deadlines. The calendar shows the current fiscal year, Shrawan to Asar, with the annual audit, tax return, OCR and AGM dates and the monthly VAT, TDS and SSF dates.
2. 2
   Step 2: Personalise the dates with your details. Entering the incorporation and fiscal details is optional, and it fits the dates to the company.
3. 3
   Step 3: Set reminders. A reminder raises an alert before each upcoming deadline, to file each VAT return, submit the audited statements and renew the OCR record on schedule.

The finished calendar works as a compliance deadline tracker for one company across the whole fiscal year.

Why a Compliance Calendar Matters

A compliance calendar matters because every missed company deadline in Nepal brings a fine or interest, and a calendar keeps each date in view before a penalty starts. The OCR, the IRD and the SSF charge their penalties separately.

Each mandatory filing carries its own penalty for late filing, and the OCR fine repeats for every year a return stays overdue. A late monthly VAT, TDS or SSF payment adds interest or a penalty for that month alone.

The deadlines depend on each other, because the income-tax return and the OCR annual return both rest on the audited accounts. A company that schedules its audit early files its tax return on time and meets the six-month OCR date. That order lets it comply with the whole fiscal-year cycle.

The calendar's dates follow the annual compliance checklist, which sets out each yearly duty with its authority and penalty.

Frequently Asked Questions