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Properties

Preview & Print

Properties

Steps (9) arrow_drop_up arrow_drop_down
Security clearance  (2) expand_more expand_less
Legal stamps  (1) expand_more expand_less
Retail license  (3) expand_more expand_less
Current bank account  (1) expand_more expand_less
Tax payer number  (2) expand_more expand_less
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Summary of the procedure

Institutions involved 4 expand_more expand_less

Any post office or local stationery shop
Ministry of Industry, Commerce & Employment, Regional Office of MoICE, Mongar (x 3)
Any commercial bank in Bhutan
Regional Revenue and Customs Office, Mongar (x 2)

Results 1 expand_more expand_less

Tax payer number

Required Documents expand_more expand_less

Valid Security clearance
Current account opening form
Business license (x 2)
Legal stamp
Current account number
Promoter's details

Estimated cost BTN  18,040

expand_more expand_less

BTN expand_more expand_less
  • BTN Add Name Here
This is an estimate based on a series of assumptions which you can modify to calculate your own costs:

Cost detail

Estimate your cost

BTN 40 -
BTN  10 per 
BTN 10,000
Retail license fee
BTN 5,000
Retail license fee
BTN 3,000
Retail license fee

Total Duration 2d  - 4d 1/2  expand_more expand_less

  Min. Max.
Total time (sum): 2d 4d 1/2
of which:
Waiting time in queue (sum): 10mn 1h. 5mn
Attention at counter: 10mn 30mn
Waiting time until next step (sum): 1d 1/2 4d

Laws 5 expand_more expand_less

Companies Act of Bhutan 2016 Companies Act of Bhutan 2016 Chapter 4, Section 32(a)
GENERAL GUIDELINES FOR INDUSTRIAL AND  COMMERCIAL VENTURES IN BHUTAN, 1997 General Guidelines for Industrial and Commercial Ventures in Bhutan, 1997
  articles 2.4, ii
Income Tax Act of the Kingdom of Bhutan 2001 Income Tax Act of the Kingdom of Bhutan 2001 Part II, Chapter 6, Section 14
Micro, Retail & Wholesale Trade Regulation 2006 Micro, Retail & Wholesale Trade Regulation 2006 page no. 6
  Article 4
Rules on the Income Tax Act of the Kingdom of Bhutan 2001 Rules on the Income Tax Act of the Kingdom of Bhutan 2001 Part II, Rule 3
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