GMC Practice Areas

Company Incorporation in GMC

A GMC company is light to form: one member, one director who is ordinarily resident, shares with no par value and capital in US dollars. What trips people up is the substance behind that, from the resident director and the GMC registered office to the empanelled service provider every filing now has to go through.

What we do

Advise on the right vehicle: a private company limited by shares, a company limited by guarantee or an unlimited company under the Companies Act 2025, or an LLP or limited partnership under the 2026 Acts.

Reserve and clear the company name against the Registrar's refusal grounds.

Draft a bespoke constitution or adapt the prescribed model constitution, including share classes and entrenched provisions where founders need them.

Prepare the incorporation filing and the statutory declaration that the Act has been complied with and the subscribers' identities verified.

Source and document the "ordinarily resident" director the Act requires, the GMC registered office and the GMC-resident secretary.

Structure the initial share issue: shares have no par value and every "$" amount is in US dollars.

Who engages us

International founders establishing an operating or holding company in GMC. Groups placing a regional subsidiary in one of GMC's priority industries. Investors who need a GMC entity to hold a long-term lease or a licence. Fund sponsors and family principals who will later seek a GFSO licence or tax approval.

Speak to a GMC lawyer

Tell us about your plans in a few lines. We reply within one to two business days, and a short first conversation usually settles the route, the timing and whether we are the right fit.

Investment enquiry formbasnet@basnetgmc.comoffice@basnetgmc.comWhatsApp +975 77 96 16 48

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