Information and communication Technology sector is rapidly growing in Nepal. It has categorized in broadcasting, telecommunication, internet and computing and information technology. Information and communication Technology law carries out an aim to provide public sector as well as private sector into its operation of communication technology. The major IT system currently operating in Nepal includes; Nagarik App, Integrated Tax System, e-Custom System, Online Company Registration System, e-Procurement System, E-Passport Management System (eMRP), Land Records Management System, e-Driving License Management System, System for Biometric Based Voter-List, Public Key Infrastructure, Government Integrated Data Center and DR, Treasury Single Account ,Centralized Attendance System of Government, Nepal Government Integrated Office Management System.
Nepal has ranked 140th out of 176 countries in ICT Development Index, 2017 and 113th in Network Readiness Index World Economic Forum 2020. Information Technology Policy 2000 was revised in 2015 which has encourage private sector participation. The mission of the policy is growth of ICT sector as a key of driver of Nepal’s sustainable development and poverty reduction strategies. Digital Nepal Framework 2019 has targeted eight sectors including health, education, energy, tourism, finance, urban infrastructure, digital foundation, agriculture with 80 digital initiatives.
Nepal IT Companies have focused in IT-enabled services and Business process outsourcing (BPO). With the growth of IT companies, their registered commercial websites, Nepal has potential of various commercial services like joint venture partnership, sales, exports and imports, technology and equipment supply, marketing enterprises and technology transfer related agreements.
WIPS Law Associates has been practicing in various areas such as:
- Telecommunication licensing,
- Electronic device importing,
- Foreign exchange,
- Joint venture agreement,
- Foreign investment approval,
- Distribution ship /supply agreement
- Franchise and Licensing,
- Commercial contracts,
- Trade agreement and processing,
- Public procurement,
- E-commerce business
Our services in ICT sectors includes (a) advisory services on telecommunication license, facilities and rights of licensee and rights of consumers, scope of investment in telecommunication sector and foreign investment (b) draft and review of import agreement, memorandum of understanding, supply technology and equipment’s agreement, software licensing agreement, (c) obtaining the telecommunication license, amendment, sales and transfer of license, (d) consulting in matters of potential areas to expand telecommunication services and factors influencing telecommunication services, electronic device (e) regulatory compliances on matters of standards of electronic device to import in Nepal, offshore company, tax, services charges and other charges.
To know more about tax law in Nepal and our services please write to us at info@wips.com.np or book your appointment at +977-1-5907498
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