Share Lagat — Registering Company Shares in Nepal
Share Lagat is the official process of recording shareholders' paid shares in the OCR register. It must be submitted within 3 months of company registration. Missing the deadline results in a penalty of NPR 200 per month, capped at NPR 5,000.
What Is Share Lagat?
When a company is registered, the shareholders (promoters) agree to invest a certain amount of money. However, simply agreeing to invest is not enough — the actual money must be paid into the company bank account, and this payment must be formally recorded with the OCR. This recording process is called Share Lagat.
Share Lagat is the official share registry — it documents who owns how many shares, how much they paid, and when the payment was made. Without completing Share Lagat, shareholders do not have legally recognized ownership of their shares.
Why Is Share Lagat Important?
Step-by-Step Process
- 1
Collect Share Capital from All Shareholders
Each shareholder must deposit their agreed share amount into the company's corporate bank account. Keep bank deposit slips or bank statements as proof of payment. The total amount deposited must match the paid-up capital declared in your MOA.
- 2
Hold a Board of Directors Meeting
Convene a board meeting to formally approve the Share Lagat. The board resolution should confirm that all shareholders have paid their subscribed share amounts and authorize the submission of Share Lagat to the OCR.
- 3
Prepare the Share Registry Document
Create the Share Registry document listing each shareholder's full name, citizenship number, number of shares subscribed, share value per share, total amount paid, and date of payment. This document must match the company's MOA and the bank records.
- 4
Submit Share Lagat on the OCR CAMIS Portal
Log in to your OCR account on camis.ocr.gov.np. Navigate to the Share Lagat submission section. Enter each shareholder's details and upload supporting documents including board meeting minutes and bank statements. Submit the application.
- 5
Receive Share Lagat Approval
The OCR will review your submission. Once approved, your Share Lagat is officially recorded. You can now issue share certificates to shareholders and proceed with other compliance requirements.
Deadline and Penalty Structure
| Period | Penalty |
|---|---|
| Within 3 months of registration | No penalty |
| 3rd to 4th month (grace period) | No penalty |
| After 4 months (for each additional month) | NPR 200 per month |
| Maximum total penalty | NPR 5,000 |
Required Documents
- Board of Directors Meeting Minutes approving the Share Lagat
- Bank statements or deposit slips showing share payment by each shareholder
- Shareholder list with name, citizenship number, number of shares, and amount paid
- Company Registration Certificate
- MOA showing the authorized and paid-up capital structure
Need help with this process? Chartered Corporate Business Consulting handles it all for you — from start to finish.