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Properties

Steps (35) arrow_drop_up arrow_drop_down
Obtain security clearance (local partner)  (2) expand_more expand_less
Purchase legal stamps (local partner)  (1) expand_more expand_less
Obtain company name clearance  (3) expand_more expand_less
Obtain FDI registration certificate  (3) expand_more expand_less
Register company  (3) expand_more expand_less
Obtain business guest visa  (7) expand_more expand_less
Obtain location clearance  (4) expand_more expand_less
Obtain project approval  (3) expand_more expand_less
Obtain business license  (3) expand_more expand_less
Open bank account  (4) expand_more expand_less
Obtain tax payer number  (2) expand_more expand_less
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24
Request project approval
(last modified: 15/07/2019)

Timeframe ( see details )

Wait until next step

5 mn  -  20 mn
15 days  -  50 days

Contact details

Entity in charge

Ministry of Economic Affairs, Department of Industry

Doebum Lam , Thimphu
Tel: +975 2 325 062
Fax: +975 2 337 624
Website: www.moea.gov.bt

Unit in charge

Foreign Direct Investment Division

Mon: 09:00 - 01:00, 02:00 - 05:00
Tue: 09:00 - 01:00, 02:00 - 05:00
Wed: 09:00 - 01:00, 02:00 - 05:00
Thu: 09:00 - 01:00, 02:00 - 05:00
Fri: 09:00 - 01:00, 02:00 - 05:00

Person in charge

Sonam Lhamo

Industries Officer
Tel: +975 2 337 623
Email: slhamo@moea.gov.bt

Expected results

Information

Requirements

1. Location clearance
Location clearance (Simple copy)
2. Business plan
Business plan (3 simple copies)

Time frame

Waiting time in queue: Max.  10mn
Attention at counter: Min.   5mn - Max.   10mn
Waiting time until next step: Min.   15 days - Max.   50 days

Legal justification

1. FDI Rules and Regulations 2012 (Amended Dec 13, 2014)
FDI Rules and Regulations 2012 (Amended Dec 13, 2014)
Article 21
2. Foreign Direct Investment (FDI) Policy, 2010 (Amended on July 18, 2014)
Foreign Direct Investment (FDI) Policy, 2010 (Amended on July 18, 2014)
Article 6.2

Additional information

Follow the guidelines for preparation of business plan given in Annexure I of the FDI Rules and Regulations 2012. After reviewing the application, the Department will request for Sectoral Clearance (if necessary) from the relevant authority. Once the committee approves the project, the proponent will be informed by telephone to collect the Project Approval Letter from the Department.

Recourse: Ministry of Economic Affairs, Department of Industry

Entity in charge

Ministry of Economic Affairs, Department of Industry

Doebum Lam , Thimphu
Tel: +975 2 325 062
Fax: +975 2 337 624
Website: www.moea.gov.bt

Unit in charge

Director General's Office, Department of Industry

Mon: 09:00 - 01:00, 02:00 - 05:00
Tue: 09:00 - 01:00, 02:00 - 05:00
Wed: 09:00 - 01:00, 02:00 - 05:00
Thu: 09:00 - 01:00, 02:00 - 05:00
Fri: 09:00 - 01:00, 02:00 - 05:00

Person in charge

Yonten Namgyel

Director General
Tel: +975 2 325 323
Email: ynamgyel@moea.gov.bt
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