Dreaming of helping students achieve their goals abroad? You’re not alone! In 2023, over 108,542 Nepali youths chose to study overseas, a trend that’s only growing. Why? Prestigious universities, advanced research opportunities, and excellent funding options make studying abroad more appealing than ever. Countries like the US, UK, Australia, New Zealand, and Japan are hot spots for these ambitious students seeking better education and career opportunities.

Why Start an Educational Consultancy in Nepal?

With the rising number of students aspiring to study abroad, there’s a golden opportunity for educational consultancies to thrive. Many students face challenges such as limited expertise and visa concerns, creating a demand for professional guidance. If you’re business-minded and passionate about education, now is the perfect time to dive into this rewarding venture.

But where do you start? How do you navigate the registration process? Don’t worry; we’ve got you covered!

What Does an Educational Consultancy Do?

Educational consultancies provide a range of services to students aspiring to study abroad. Here are some of the key functions:

• Career Counseling: Helping students choose the right course and institution based on their interests, academic background, and career goals.

• University Selection: Assisting students in selecting universities that fit their profile and aspirations, considering factors like rankings, courses, faculty, and location.

• Admission Guidance: Guiding students through the application process, including filling out forms, writing personal statements, and preparing recommendation letters.

• Test Preparation: Offering coaching for standardized tests like IELTS, TOEFL, GRE, GMAT, and SAT.

• Visa Assistance: Providing support with visa applications, documentation, and interview preparation to increase the chances of approval.

• Financial Advice: Helping students understand and secure scholarships, grants, and other financial aid options.

• Pre-Departure Briefing: Preparing students for their journey, including travel arrangements, accommodation, and cultural orientation.

Step-by-Step Guide to Registering Your Educational Consultancy

1. Office of Company Registrar

First things first: Choose a unique name for your consultancy at the online portal of the Office of Company Registrar. Submit your application along with the Memorandum of Association, Articles of Association, and other necessary documents. Pay the required registration fee, and if everything is in order, the Office of Company Registrar will grant you the certificate you need.

2. Ward Office Registration

Next, enter into a lease agreement for your office space and head to your local ward office with your company’s registration certificate, Memorandum and Articles of Association, lease agreement, and other required documents. The registration fees vary depending on your location and the nature of your services. 

3.  Inland Revenue Department Office

Before you can start your business, you need to obtain a Permanent Account Number (PAN) and register for Value Added Tax (VAT) from the relevant Internal Revenue Office. This step is crucial for legal and tax compliance.

Essential Licenses and Permits

Before you launch, you must secure all necessary licenses and permissions as per Nepal’s laws. One key license for educational consultancies comes from the Social Development Ministry of your province. In Bagmati Province, for example, you’ll need to pay an application fee of Rs. 5,000 and a security deposit of Rs. 100,000.

Here’s a quick checklist of documents you’ll need:

• Receipt of application fee (Rs. 5,000)

• Completed application form with contact details (Schedule 1 of the Ministry of Social Development Website)

• Verified Memorandum and Articles of Association

• Certified copy of the founder’s citizenship certificate

• Bank recommendation letter for the company account

• Company profile with stamp, signature, and service details

• Lease agreement (if the office is rented)

Overcoming Challenges

Registering an educational consultancy can seem straightforward but often involves navigating complex documentation and legal requirements. Many first-timers struggle with the process, leading to delays or rejections. Moreover, managing a business includes handling financial management, legal compliance, and taxation, which can be overwhelming.

Solution: Consider using a professional service platform to assist with business setup and ongoing management. Khatapana helps you establish your consultancy and manage financial, legal, and tax-related issues, ensuring smooth operations and compliance.

Ready to Start Your Educational Consultancy?

Visit our website or download our app to learn how Khatapana can assist you in turning your entrepreneurial dreams into reality. Let’s work together to help students achieve their aspirations abroad!

Key Takeaways

• Growing Demand: Increasing numbers of Nepali students are seeking education abroad.

• Business Opportunity: High demand for professional educational consultancy services.

• Step-by-Step Process: Follow the outlined steps for hassle-free registration.

• Professional Assistance: Use platforms like Khatapana for seamless business management.

Conclusion

Starting an educational consultancy in Nepal is not just a business opportunity but a chance to make a real difference in students’ lives. With the right guidance and support, you can navigate the registration process and create a successful consultancy that helps students achieve their dreams.

Contact us today and start your journey towards empowering the next generation! You may call us at +977-9818098098 (also contact us via WhatsApp/Viber) or send us an email to services@khatapana.com