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    Published on Jul 17 2024

    How to select the name for your Pvt. Ltd. Company in Nepal ? A Comprehensive Guide.

    Due to the critical nature of selecting a company name, failure to do so properly could potentially delay the registration process by several weeks. This decision ranks among the most crucial for any business. It is imperative to strictly adhere to the following points outlined in the legal act, directives, and practical considerations

    How to select the name for your Pvt. Ltd. Company in Nepal ? A Comprehensive Guide.

    The Following factors should be considered before choosing a name for your company

    1. The terms 'limited' or 'Private Limited' can only be used at the end of the company's name.
    2. The name should not be identical or even similar to already existing companies in a way that may be misleading.
    3. The name should not contravene prevailing laws or be undesirable in view of public interest, morality, decency, or etiquette. Some of the blacklisted words are: "F**k," "Abuse," "Mahadev," "Hindu," "TEST," "Mustang," "Bi**h," "1," "Amen," "Dog," "Hell Yeah."
    4. · The name should not be identical or similar to a company whose registration has been cancelled or has been insolvent within the past 5 years.


    · When assessing whether a company name is similar to another:

    • The distinction between "Pvt Ltd" and "Ltd" does not differentiate names, for example, "ABC Pvt Ltd" and "ABC Ltd."
    • Adding terms like "New" or "Shree" does not create a distinct name. For instance, "The Coffee Company" and "Coffee Company" are considered identical.
    • The use of commas and semicolons does not significantly alter the similarity, for example,
    • Minor differences in spelling, such as "ABC Cosmetics Pvt. Ltd." and "ABC Cosmetic Pvt. Ltd.," do not distinguish names.

     

    Quoting the example provided in the directives:

    If there is an existing company named "Sagarmatha Dairy Limited," the following names cannot be approved:

    1. Sagarmatha Dairy Pvt. Ltd. (violates points 1 and 2 above)
    2. Sagarmatha Dairy Products Pvt. Ltd. (violates point 4 above)
    3. New Sagarmatha Dairy Pvt. Ltd. (violates points 2 and 1 above)
    4. New Sagarmatha Dairy Ltd. (violates point 2 above)
    5. The Sagarmatha Dairy Limited / Pvt Limited (violates points 1 and 2 above)
    6. Hamro Sagarmatha Dairy Products Pvt. Ltd. / Limited (violates point 2 above)


    Other considerations to be given are -

    1. The company name should be in Title Case (e.g., Everest Computer Center Pvt. Ltd.).
    2. The company name should be the same in English and Nepali.
    3. Numbers should not form part of the company name (e.g., "News Twenty Four" is correct, "News24" is incorrect).
    4. Colon, semicolon, apostrophe, hyphen, and comma should not be used.
    5. Pronouns like "My," "Our," "Mero," "Timro," "Hamro" should not be used.
    6. For abbreviated names, a dot should be used after each word (e.g., A.B.C. Company).
    7. For schools, the name of the place should be used compulsorily after the name (e.g., Bright Future English Boarding School Chitwan).
    8. ".com" or "dot com" is not allowed to be used.
    9. Words like "A," "An," "The," "New," "Super," "Om," "Nepal," "International," "Shree" should not be used before an existing company name.
    10. Another country's name should not be used in the company's name.
    11. The name should not sound similar to an existing company's name.
    12. The name should reflect the objectives of the company.



    Some of the examples are as follows -


    1. The company name must use Title Case format.

    • Correct Example: Everest Computer Center
    • Incorrect Examples: EVEREST COMPUTER CENTER, EVEREST Computer Center


    2. The company name should be identical in English and Nepali.

    • Correct Example: Nepali Agriculture Company / नेपाली एग्रीकल्चर कम्पनी
    • Incorrect Example: Nepali Agriculture Company / नेपाल कृषि कम्पनी


    3. Company names cannot contain numbers.

    • Correct Example: News Twenty Four
    • Incorrect Example: News24


    4. Company names cannot include symbols or pronouns.

    • Correct Example: Rams Movie
    • Incorrect Examples: Ram's Movie, My Movie


    5. If using an acronym, it must have a dot after every letter.

    • Correct Example: A.B.C. Company
    • Incorrect Example: ABC Company


    6. Schools must include the district name.

    • Correct Example: Bright Future English Boarding School Chitwan
    • Incorrect Example: Bright Future English Boarding School


    7. ".com" cannot be included in the company name.

    • Incorrect Example: ABC Dot Com


    8. Company names cannot include other countries' names.

    • Incorrect Examples: India Import Export, China Restaurant


    9. The company name should reflect its objectives.

    • Correct Example: A.B. Enterprises


    These guidelines aim to ensure clarity, uniqueness, and appropriateness in company names, reflecting their objectives and adhering to linguistic and cultural norms.

     

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