Steps (9)
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Obtain security clearance
(2)
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language
language
Obtain letter of intent/ appointment
(1)
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Obtain wholesale License
(3)
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Open current bank account
(1)
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Obtain tax payer number
(2)
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Summary of the procedure
Institutions involved 3 expand_more expand_less
Required Documents expand_more expand_less
Cost BTN 10,000 expand_more expand_less
|
BTN
10,000
Trade License Fee
|
Total Duration 1 d - 4 d expand_more expand_less
| Min. | Max. | |
|---|---|---|
| Total time (sum): | 1 d | 4 d |
| of which: | ||
| Waiting time in queue (sum): | 15mn | 1h. 30mn |
| Attention at counter: | 15mn | 40mn |
| Waiting time until next step (sum): | 1 d | 3 d |
Laws 4 expand_more expand_less
Companies Act of Bhutan 2016
Chapter 4, Section 32(a)
Income Tax Act of the Kingdom of Bhutan 2001
Part II, Chapter 6, Section 14
Micro, Retail & Wholesale Trade Regulation 2006
Page no. 10
articles 4.2, 4
Rules on the Income Tax Act of the Kingdom of Bhutan 2001
Part II, Rule 3
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