Nepal Rastra Bank (NRB) has approved the establishment of foreign branch offices and equity transfers for domestic IT companies, a move hailed as the most significant policy shift in the history of Nepal’s digital economy.
Following this reform, iDream Technologies has become the first Nepali IT firm to receive formal approval to open a branch office in the United States, registering iDream LLC in Delaware.
For decades, legal restrictions prevented Nepali IT companies from expanding beyond national borders. The new policy removes these barriers, enabling firms to compete for Fortune 500 contracts, access international venture capital, and establish permanent legal entities in major global markets.
Dr. Sushil Paudel, founder of iDream Technologies and a leading scholar in Information Technology Outsourcing (ITO), emphasized the reform’s impact: “This is not just a policy change; it is liberation. For years, our engineers faced an invisible ceiling. December 15, 2025, marks the day Nepali IT companies gained the freedom to scale globally while preserving their Nepali identity and pride.”
The reform has been widely welcomed across the ICT sector. Chiranjibi Adhikari, CEO of One Cover, called it a transformative milestone for young innovators: “This signals to every coder and entrepreneur in Nepal that their ambitions are no longer confined by geography. We are now officially global players.”
Industry analysts highlight three key outcomes of the reform: Nepali IT firms can legally sign enterprise-level contracts internationally; equity transfers will facilitate foreign direct investment (FDI) and cross-border mergers and acquisitions; and the reform supports Nepal’s goal of reaching Rs 3 trillion in IT exports.
iDream Technologies focuses on software development, digital transformation, and global outsourcing. With its Delaware-based entity, iDream LLC aims to connect Nepali technical expertise with global opportunities. Similarly, One Cover, a Nepali cybersecurity firm, provides security solutions to domestic and international enterprises, benefiting from the new policy framework.
