The procedure of registration renewable of sole trading concern is explained below:

1. Filling an application
2. Deposit of fees
3. Certificate of Registration

Filling an application:
It is the first stage of sole trading concern registration. An individual who wants to establish sole trading concern should file an application to the concerned department of the government. An individual should mention all the particulars clearly, correctly, and honestly  in the application firm. The application form includes following particulars:

1. Name and address of applicant
2. Name and address of business
3. Nature and objective of business
4. Amount of Investment
5. Other details as prescribed by concerned department

The applicant should submit the attached copies of the citizenship certificate and recommendation of the Federation of  Nepalese Chambers of Commerce  And Industry.(FNCCI).

Paying Registration Fee:

 The applicant has to pay registration charge as prescribed by department Registration fee will variable according to the amount of capital invested. The registrationare required to be deposited in the concerned department

. According to private form registration act 2014, the registration fee of sole trading concern is as following:

Certificate of Registration:
After submitting the application form along with bank deposit slip, the department will verify all the information on it.  If the official is satisfied with all  the  information provided by the applicant, he issues a Certificate of Registration. And the registration gives the legal recognition to the firm.

Renewable of sole trading concern:

Every year the registered firm should renew itself. The proprietor of the sole trading concern should file an application for renewal to the concerned department within 35 days of the beginning of financial year. The amount of capital invested in the business determines the amount of renewal fee. 

At the present the renewable schedule of renewable fee for sole trading concern are listed below:

Non-renewable of sole trading concern within the prescribed time, extra of Rs 35 will be charged to the last date of Ashwin after the termination of Ashwin extra fine of rupees Rs 150 will be charged.