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Preview & Print

Properties

Steps (17) arrow_drop_up arrow_drop_down
Security clearance  (2) expand_more expand_less
Legal stamps  (1) expand_more expand_less
MoU on office lease  (1) expand_more expand_less
Location clearance  (4) expand_more expand_less
Project approval  (3) expand_more expand_less
Business 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 7 expand_more expand_less

Any post office or local stationery shop
Any building owner/ institution
District Administration, Mongar (x 4)
Ministry of Industry, Commerce & Employment, Department of Industry (x 3)
Ministry of Industry, Commerce & Employment, Department of Industry
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 3 expand_more expand_less

Project approval (CSI)
Business license
Tax payer number

Required Documents expand_more expand_less

Legal stamp
Location Clearance Form
Location Clearance Form
Legal stamps
Consent letter from building owners
Occupancy certificate
Location clearance
Valid Security clearance
Business proposal (x 2)
Current account opening form
Business license (x 2)
Legal stamp
Current account number
Promoter's details

Estimated cost BTN  4,740

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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 1,000
Business license fee
BTN 2,000
Registration fee
BTN 100
Booklet fee
BTN 500
Business license fee
BTN 1,000
Registration fee
BTN 100
Booklet fee

Total Duration 9d - 25d  expand_more expand_less

  Min. Max.
Total time (sum): 9d 25d
of which:
Waiting time in queue (sum): 5mn 1h. 40mn
Attention at counter: 10mn 1h. 5mn
Waiting time until next step (sum): 9d 24d

Laws 8 expand_more expand_less

Companies Act of Bhutan 2016 Companies Act of Bhutan 2016 Chapter 4, Section 32(a)
Evidence Act of Bhutan, 2005 Evidence Act of Bhutan, 2005
FDI Regulations 2019 FDI Regulations 2019 Annex I(4)
GENERAL GUIDELINES FOR INDUSTRIAL AND  COMMERCIAL VENTURES IN BHUTAN, 1997 General Guidelines for Industrial and Commercial Ventures in Bhutan, 1997
  articles 2.4, icle 4.1(iii), 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
Rules and Regulations for establishment and operation of industrial and commercial ventures in Bhutan, 1995 Rules and Regulations for establishment and operation of industrial and commercial ventures in Bhutan, 1995 Rules 1, 29
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
The Tenancy Act of the Kingdom of Bhutan 2004 The Tenancy Act of the Kingdom of Bhutan 2004
  Section  6.1
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