(1) Any person, firm or company with the following qualifications who wishes to act as a certifying body shall submit an application to the controller in the format as per schedule-2 along with an application fee of five hundred rupees:-
(a) Having a paid-up capital of at least one crore rupees or its equivalent,
(b) In the case of a foreign firm or company, at least twenty percent of the shares are owned by a Nepali citizen or a Nepali firm or company, but within one year from the date of operation, the necessary technical manpower will be produced in Nepal and all the workers or employees will be supplied by Nepali citizens accordingly. If the controller deems it appropriate to grant an exemption to a firm or company that wishes to act as a recognized certification body, the provisions of this section shall not be applicable in whole or in part.
(c) having the necessary technical manpower to function as a certifying body,
(d) Having at least ten years of computer related work experience,
(e) The director is not a person who has been found guilty of any criminal offense by the court.
(2) The following documents should be attached with the application given as per sub-rule (1):-
(a) Certificate of registration of firm or company,
(b) the paid-up capital of the firm or company and other documentary evidence necessary to prove it,
(c) In the case of obtaining a license as a certifying body, a copy of a bank guarantee issued by a commercial bank of Nepal for a period of at least six months, in the amount of twenty five lakh rupees, as a guarantee that the work of certification will be started within six months from the date of obtaining such license,
(d) Details of any foreign person, firm, company or organization jointly engaged in computer related work, if any,
(e) Evidence of any agreement with any foreign person, firm, company or organization regarding computer related work in joint venture, and
(f) such other details as may be required by the Controller.