Nepal’s IT Sector Enters Global Era as iDream Technologies Secures First Approval for Overseas Expansion
Kathmandu — Nepal’s information technology sector has entered a new global phase following a landmark policy decision by Nepal Rastra Bank (NRB) to allow domestic IT companies to establish foreign branch offices and transfer equity abroad. Under this historic reform, iDream Technologies Pvt. Ltd. has become the first Nepali IT company to receive formal approval to open a foreign branch, registering iDream LLC in the U.S. state of Delaware.
The decision marks a major shift in Nepal’s digital economy, dismantling long-standing legal barriers that had prevented IT firms from scaling internationally. With the new provision, Nepali companies can now legally establish a permanent presence in global markets, compete for large enterprise and Fortune 500 contracts, attract international venture capital, and engage in cross-border mergers and acquisitions.
Policy Reform Driven by Research and Advocacy
The reform follows years of evidence-based policy advocacy led by Dr. Sushil Paudel, founder of iDream Technologies and a leading scholar in Information Technology Outsourcing (ITO). His doctoral research and subsequent academic publications, widely cited in the field, provided the analytical foundation highlighting the structural constraints faced by Nepal’s IT sector.
Calling the move transformational, Dr. Paudel said the reform represents a turning point for Nepali technology companies seeking global scale while retaining their national identity. He noted that December 15, 2025, would be remembered as a defining moment for Nepal’s digital economy.
Industry Welcomes Global Opening
The policy change has been widely welcomed across the ICT sector. Chiranjibi Adhikari, CEO of One Cover Private Limited, described the decision as a decisive signal for young innovators and entrepreneurs.
He said the reform removes geographical limitations and formally positions Nepali IT professionals and startups as global competitors, opening new pathways for growth, innovation, and international collaboration.
Key Implications of the Reform
Under the new NRB provision, Nepali IT companies can now:
* Establish legal branch offices in international markets such as the United States and Europe
* Transfer equity abroad to enable foreign direct investment and international partnerships
* Support national ambitions to reach Rs. 3 trillion in IT exports through expanded global engagement
About the Companies
iDream Technologies Pvt. Ltd. is a Nepal-based IT firm specializing in software development, digital transformation, and global outsourcing. With the establishment of iDream LLC in the United States, the company aims to serve as a strategic bridge between Nepal’s technical talent and international markets.
One Cover Private Limited is a leading cybersecurity company in Nepal, providing advanced security solutions to domestic and international enterprises while promoting a resilient digital ecosystem.
The approval granted to iDream Technologies is expected to pave the way for other Nepali IT firms to follow, signaling the beginning of a more globally integrated era for Nepal’s technology industry.
