From Nepal · South Asia
For Nepali founders who need US card payments, a US contracting party or a company for US platforms. US law lets you form one remotely, without an SSN. Nepal's law is the hard part, because Nepali citizens can't invest abroad without an exemption, so read the Nepal section before you order.
Launch + Wyoming filing; the tax return is separate.Checked by Saais Patel, compliance reviewer.
At a glance
Mercury doesn't open for founders living in Nepal, and Wise gives no USD account details there. Check who will bank you first.
The banks, in detailUS law lets you form a US company from Nepal, without an SSN or a US visit. Nepal's law is the hard part. Launch starts at $351.40 in Wyoming, including our plan and state filing fee. Nepal Rastra Bank says Nepali citizens can't invest abroad, and a foreign company or bank account counts as investment. Since 2025 a Nepali IT company can invest through its bank. Settle who owns the company before you order.
Watch
Thinking of a US LLC while living in Nepal? Here's the honest version, camp by camp: whether a freelancer even needs one (the 5% final tax), what Nepal's 1964 law and Nepal Rastra Bank say about investing abroad, the IT company route, the EIN without an SSN, the bank problem, and what Nepal and the IRS expect every year.
Before you form
Wyoming LLC
Smaller owner-run business, once the Nepali owner is settled.
Delaware C-Corp
A Nepali IT company's subsidiary, or raising from investors.
Both charges are the state's, before our plan, optional services and your advisers' fees. Wyoming sets a minimum yearly charge, and Delaware's franchise tax depends on how it's calculated. Staff, stock or premises in another state can bring obligations there. An S-corporation isn't an option, because nonresident aliens can't hold its shares.
Prepare the information
The EIN is the US company's tax ID, and it doesn't replace your PAN. If a Nepali company owns the US company, the bank and the IRS see the company as the owner and you as the person who controls it. Send identity documents through a secure request, and only the ones asked for.
How it works
The state approves the company, the IRS issues the EIN and each provider approves its own account. In Nepal, your bank applies Nepal Rastra Bank's rules and your advisers handle the law and the IRD; we don't file either.
You, a Nepali lawyer and your tax adviser
Decide who will own the US company within Nepal's law, whether a freelancer even needs one, and how money will move between Nepal and the company.
You leave this stage with: An owner and a payment plan that fit Nepal's law.
You choose; BaseAcross checks
We check the proposed name and provide the registered agent in the formation state. The registered office is for legal papers, not your operating address.
You leave this stage with: Confirmed filing details and a registered agent.
BaseAcross files; the state approves
We submit the formation filing and send you the state's documents once it's approved. The company exists from that approval.
You leave this stage with: State-approved formation documents.
BaseAcross
We draft the LLC Operating Agreement or corporate bylaws. Check every name and share against the passports or the parent company's papers before you sign.
You leave this stage with: Operating documents for your records, your bank and US providers.
BaseAcross prepares; the IRS issues
The EIN is a separate application after formation. Without an SSN or ITIN, it goes on Form SS-4 rather than the IRS's online tool.
You leave this stage with: The IRS's EIN confirmation once it's issued.
You apply; the providers review
Mercury won't open for you, Wise won't give you USD account details and Relay wants a US address. Ask each provider about Nepal before you apply, and use the same names and addresses everywhere.
You leave this stage with: An approved account, if a provider accepts the application.
You, your US preparer and your tax adviser
Record every payment between Nepal and the company, and what it was for. Put Form 5472, your Nepali return and any bank report on one calendar.
You leave this stage with: A yearly calendar with someone responsible for each filing.
Plan the wait
Published service estimates and prerequisites for a Wyoming company owned from Nepal
These are service estimates, not promised completion dates. The IRS, your bank and each provider set their own processing times. Names or addresses that differ between documents slow every stage.
What it costs
Charged in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.
What a Wyoming LLC costs from Nepal, line by line, and what to budget for outside our plans.
Included in both plans
The registered agent renews with the plan. Operate adds its published business tools and bookkeeping. Neither plan files your tax returns in either country.
Launch
To start, before optional extras
$351.40
OperateBilled yearly
To start, before optional extras
$2,490.40
Optional extras are priced before you order, such as filing ahead of our next batch for $39. See full pricing.
$149 service fee / year
Optional on both plans. The state's charge is separate, and a reminder alone doesn't file the report.
State filing serviceArrange separately
You or your accountant handle Form 5472 and any other US returns on Launch and Operate. Ask the preparer for their scope and fee.
Federal filing responsibilitiesQuote from a Nepali lawyer
Who may own the company under the Act Restricting Investment Abroad depends on your facts. Get this answer first.
Quote from your tax adviser
Worldwide income, the controlled foreign entity rule and where the company is resident depend on your circumstances.
Published in full pricing
Check domain renewals and when Launch's email, phone and site trials end. Operate includes its stated tools while subscribed.
Plans, trials and add-onsThe $309 Launch renewal example is the $249 plan renewal plus Wyoming's $60 minimum license tax. Wyoming charges the greater of that minimum or 0.0002 of the company's assets located and employed in the state, and paying online can add a processor fee. The Operate example uses the same minimum.
Prices are in US dollars. Paying from Nepal is a payment abroad, so ask your bank how it will treat it before you order.
Use the first-year cost calculator to compare plans and optional tools. Then add legal advice in Nepal, your tax adviser's fees, US return preparation and bank charges to that budget.
Launch
To start
$351.40
$249 our fee + $102.40 Wyoming fee
Renews from $309 a year
OperateBilled yearly
To start
$2,490.40
$2,388 our fee + $102.40 Wyoming fee
Renews from $2,448 a year
Included in both plans
What changes because you live here
1 of 4: The tax treaty
The tax treaty
There's no US income tax treaty with Nepal.
US-source dividends, interest and royalties paid to you are withheld at 30% unless a US exemption applies. Pay for work you do in Nepal generally isn't US-source income, so nothing is withheld on it, and Nepal's own law lets you credit US tax you do pay against the Nepali tax on the same income.
Nepal's law on investing abroad
These come from the Act Restricting Investment Abroad, Nepal Rastra Bank and the Income Tax Act, and they run alongside the US steps below. Read them before you order, because they decide whether you can own the company at all.
You and a Nepali lawyer
No one may make any investment abroad unless the government exempts it by notice in the Gazette. Investment includes shares in a foreign company, a share in a foreign firm and a foreign bank account. Nepal Rastra Bank says Nepali citizens can't invest abroad.
The company and its bank
A company registered as an IT industry can invest abroad through its bank. It can send up to USD 20,000 before it has three years of export earnings, or half its average yearly earnings, up to USD 1 million, once it has.
Your bank, for the IRD
If you're not running a business, the bank collects 5% on foreign-currency pay for software or similar electronic services, consulting, or social media content. Since the Finance Act 2083 that is your final tax on it.
You and your tax adviser
You're taxed on income from anywhere. A foreign entity you hold an interest in can be treated as paying out its income to you each year, and you can credit foreign income tax at up to Nepal's average rate.
Worked example
If you run a registered business, or the payment is for something else, other rules apply. Ask your bank which rate it will use before the first payment.
A client abroad pays you USD 2,000 for software work, into your bank in Nepal.
You're not running a registered business, so the bank collects 5%, which is USD 100.
That USD 100 is your final income tax on the payment.
No company abroad, no foreign account and no Form 5472.
Paying our fee and the state's fee from Nepal is a payment abroad. Ask your bank how it will treat it, and your lawyer whether it is part of an investment abroad.
What Nepal expects
Nepal taxes its residents on income from anywhere, and its controlled foreign entity rule can tax a foreign company's income to its Nepali owners each year. Before tax comes the law on investing abroad, which bars Nepali citizens from owning a foreign company without an exemption.
Nepal's Act Restricting Investment Abroad says no one may make any investment abroad, unless the government exempts it by notice in the Gazette. Investment includes shares in a foreign company, a share in a foreign firm and a foreign bank account. Nepal Rastra Bank's own FAQ says Nepali citizens can't invest abroad.
Since 2025, a Nepali company registered as an IT industry can invest abroad through its bank. Without three years of export earnings, the limit is USD 20,000; with them, it's half the average yearly earnings, up to USD 1 million. The route is for companies, not for individuals.
As a resident you're taxed on income from anywhere. You're resident if your normal home is in Nepal, or after 183 days in Nepal within 365.
A foreign entity in which a Nepali resident holds an interest can be treated as paying out its income to its owners every year, and that income is taxed in Nepal. Nepal lets you credit foreign income tax on the same income, at no more than Nepal's average rate.
A company is resident in Nepal if its management is effective in Nepal in the income year. A US company one founder runs entirely from Nepal should have a tax adviser look at this early.
On the record
We form US companies. We aren't Nepali tax advisers. These are the rules as they're generally published, they change, and how they apply to you depends on details this page can't know. Take this list to a tax adviser in Nepal before you order, and we'll tell you what the US forms need.
After formation
A US LLC with one foreign owner is usually a disregarded entity that files Form 5472 with a pro forma Form 1120 when it has reportable transactions with its owner. Money put in, taken out or paid for work can count even in a year without sales. The IRS penalty for not filing starts at $25,000.
For a calendar-year company, the return is usually due 15 April, and Form 7004 requests an extension before then. A C-Corp, or an LLC with more than one owner, files different returns.
Form 5472 and the pro forma 1120Keep the registered agent active and track the state's yearly charge. In Nepal, your return covers income from anywhere, and the controlled foreign entity rule can bring the company's income into it each year. On the IT company route, the company keeps its bank's approval and records of what it sent.
US-created companies are exempt from BOI reporting under FinCEN's current rule, effective 14 August 2026. Banks and payment providers still verify who owns the company.
| Task | Who handles it | Where the responsibility ends |
|---|---|---|
| Whether you may own the company | You and a Nepali lawyer | We form companies; we can't advise on Nepal's law. |
| Formation and EIN application | BaseAcross prepares and submits | The state approves formation; the IRS issues the EIN. |
| Bank and payment applications | You, with our guidance | The provider verifies the information and decides. |
| Money sent abroad and bank approvals | You or your company, and your bank | Your bank applies Nepal Rastra Bank's rules; we don't file with it. |
| US federal returns | You and your US tax preparer | Launch and Operate remind you; they don't file the return. |
| Nepali return and tax | You and your tax adviser | We provide the US company records they need. |
Prepare the conversation
Bring the owners, where each lives for tax, any Nepali company and its industry registration, the business activity and how money will move between Nepal and the company. Agree who handles each filing in Nepal and in the US.
Download the checklist for your adviser (.txt)Under the Act Restricting Investment Abroad, may I own a US company personally, or must a Nepali company own it?
Does my business qualify as an IT industry for Nepal Rastra Bank's outward investment route, and which limit applies to us?
If I keep working as a freelancer, does the 5% final tax on foreign-currency pay apply to me, or am I running a business?
Will the controlled foreign entity rule tax the US company's income to its owners every year, and how do we report it?
Could the company's management be treated as effective in Nepal, making it resident here?
How should we pay the formation fees from Nepal, and how will the bank report the payment?
Can we credit any US tax against the Nepali tax on the same income, and how should we keep records for both returns?
Questions
If yours is not here, email us at hello@baseacross.com before you order.
US law allows it. It doesn't require an LLC's owners to be US citizens or residents, and formation, the EIN and the bank applications happen remotely. Nepal's law is the problem. The Act Restricting Investment Abroad bars investment abroad without a Gazette exemption, and Nepal Rastra Bank says Nepali citizens can't invest abroad. Get a Nepali lawyer's answer before you order.
The Act counts shares in a foreign company, a share in a foreign firm and a foreign bank account as investment. An LLC interest is likely to count. Whether a company that earns its own revenue and was never funded from Nepal is treated differently is a question for a Nepali lawyer on your facts.
If it's registered as an IT industry, yes, through its bank, under Nepal Rastra Bank's 2025 rules. Without three years of export earnings it can invest up to USD 20,000. With them, the limit is half its average yearly export earnings, up to USD 1 million. The route is for companies, not individuals.
Usually not. If you're not running a business, your bank collects 5% on foreign-currency pay for software, electronic or consulting services you provide abroad, and that's your final tax. A US company is for Stripe, US contracts and platforms that need one.
Launch starts at $351.40: $249 for the plan plus $102.40 for the Wyoming filing. The plan and Wyoming's minimum yearly charge then total $309 a year. Legal advice in Nepal, your tax adviser, US return preparation and bank charges are separate. Wyoming's license tax can be more than its $60 minimum.
A Delaware C-Corp suits a Nepali IT company setting up a subsidiary or raising from investors who want shares. A Wyoming LLC suits a smaller owner-run business. Nonresident aliens can't hold shares in an S-corporation.
Yes. Without an SSN or ITIN, the application goes on Form SS-4 instead of the IRS's online tool. We prepare it after the company is formed, and the IRS issues the number. Your Nepali PAN isn't part of it.
Each stage has its own clock. Wyoming's published turnaround is same day once a complete filing is accepted. Our ordinary EIN estimate is six to eight weeks after the application, or two to three weeks with the $199 expedited option. Your bank's approval, payment providers and Stripe each set their own times. These are estimates, not promises.
No. Mercury's prohibited-countries list includes Nepal, and it goes by where you live, not your passport.
Fewer than most guides suggest. Mercury bars founders living in Nepal, Wise gives them no USD account details, and Relay asks every owner for a physical US address. Ask each provider about Nepal before you apply. Under Nepal's law a foreign bank account is itself an investment abroad, so settle who owns the company first.
It lets you apply. Stripe doesn't list Nepal, but a US company with an EIN and a US bank account can apply for a US Stripe account. Stripe reviews the business and the people behind it, and approval isn't guaranteed.
Generally not. Pay for work you do in Nepal is generally not US-source income, so a single-owner LLC with no US office or staff often owes no US income tax on it. It still files Form 5472 with a pro forma Form 1120 when it has reportable transactions with its owner.
As a resident you're taxed on income from anywhere. Nepal's controlled foreign entity rule can treat a foreign company you hold an interest in as paying out its income every year, and a company managed effectively from Nepal is resident here. File your return, and keep records of every payment to and from the company.
No. US-source dividends, interest and royalties paid to you are withheld at 30% unless a US exemption applies. Nepal's law lets you credit foreign income tax against the Nepali tax on the same income, at no more than Nepal's average rate.
On Launch and Operate, we add deadlines and reminders; you or your accountant file the federal returns. Managed annual state compliance is an optional $149 service fee a year, with the state's charge separate. Your Nepali return and anything your bank or Nepal Rastra Bank needs are for you and your advisers.
Through a bank that pays out in Nepal. Bringing foreign currency into Nepal through banks is routine. Sending money out is the restricted direction. Record whether each payment is pay for work or profit, because they're taxed differently.
US-created companies are exempt under FinCEN's current BOI rule, effective 14 August 2026. A company formed outside the US and registered to do business there is a different case. Banks still collect ownership details for their own checks.
Sources and editorial scope
Prepared by the BaseAcross team and reviewed by Saais Patel, compliance reviewer. Sources checked . This is general formation information, with source links for the tax and banking context. An individual tax or legal review remains with your qualified advisers.
The Act and Nepal Rastra Bank's FAQ are official texts. The Income Tax Act's current text is the IRD's Nepali consolidation to the Finance Act 2082; the English translation is older and is cited for its definitions, which haven't changed. The IT company route comes from Nepal Rastra Bank's bylaws as a June 2026 law firm handbook sets them out. Confirm the current position with your advisers before acting.
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