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OCR fine calculator: what does filing late actually cost?

Three different offices, three different penalty rules, and they stack. Put your numbers in and this works out what you owe and shows the arithmetic, so you or your auditor can check it. Nothing you type leaves your browser.

The fine band is set by paid-up capital, not authorised.

How many years you have not filed the Section 80 return.

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Where these figures come from. Section 81(2) and 81(6) and Section 136A are from the Companies Act 2063 as consolidated to the 2081 amendment; Sections 117 and 119 from the Income Tax Act 2058; Section 29(1)(ja), 19(2) and 26(2) from the VAT Act 2052. Full workings and citations are in our guides to annual compliance, tax filing deadlines, VAT registration and closing a company.

Read the Section 81 note carefully. The Act sets the fine as an escalating ladder: a figure for the first three months, another for the next three, another for the following six, then an annual rate. This calculator reads that as cumulative, which is the natural reading of the wording and matches the “per year thereafter” figure. We have not seen an OCR worked example confirming it, so treat the total as an estimate and confirm with the Office before you rely on it. The fine is imposed on the director personally, not on the company.

Not sure how many years you are behind?

Send us the company name or registration number. We will check what is actually outstanding at the OCR and tell you the real figure, not an estimate.

Call: 9765057249 WhatsApp: 9700533219

OCR fines in Nepal: what a late annual return actually costs

If your company has not filed its annual return, the number you owe is not a flat fee. It is a ladder that grows with how late you are and with your paid-up capital. This calculator works it out from the actual provisions rather than the figures that circulate online, most of which are wrong by an order of magnitude.

Why we built this. The question we are asked most often is some version of “my company has been dormant for four years, what will it cost to fix?” Nobody could answer it without opening three different Acts. The widely quoted “0.05% of paid-up capital” for closure is wrong by a factor of ten, and it is a cap rather than a flat fee. So we built the calculator we needed, with each figure traceable to its section.

What it covers

  • Companies Act 2063 s.81: the late-filing fine bands for the annual return, which step up by how overdue the filing is and by capital.
  • Income Tax Act 2058 s.117: the fee for failing to file a return, and s.119 interest on tax paid late.
  • VAT Act 2052 s.29: the per-return penalty for a missed VAT filing, including dormant periods.
  • s.136A: the cap that applies on closure.

Once you know the number, the practical question is usually whether to revive the company or close it; we walk through both in closing a company in Nepal and bringing a company up to date.

Frequently asked questions

How much is the fine for not filing a company annual return in Nepal?

It depends on how late the filing is and on the company’s paid-up capital. Companies Act 2063 section 81 sets bands rather than a single figure, and the amount accumulates for each year not filed, which is why a dormant company can owe a surprising total.

What does it cost to close a dormant company in Nepal?

Less than most people are told. The figure of "0.05% of paid-up capital" quoted widely is wrong by a factor of ten and is in any case a cap rather than a flat fee. The calculator applies the section 136A cap to your actual capital.

Do I still have to file if the company never traded?

Yes. A dormant company files a nil return with audited nil financial statements. Not trading is not an exemption, and the fines accumulate exactly the same way.

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