Preview & Print

Properties
 
Summary of the procedure
 

Where to go? (7)

You will have to go to the following agencies. The number indicates how many interactions are required with each entity.
Any post office or local stationary shop
1
Any post office or local stationary shop
Any licensed architect/ engineer or architectural/ engineering firm
4
Any licensed architect/ engineer or architectural/ engineering firm
District Administration, Thimphu (x 2)
5 6
District Administration, Thimphu
Ministry of Economic Affairs, Department of Cottage and Small Industry (x 2)
7 11
Ministry of Economic Affairs, Department of Cottage and Small Industry
Any competent authority (x 2)
8 10
Any competent authority
Revenue section of the competent authority
9
Revenue section of the competent authority
Ministry of Economic Affairs, Regional Trade and Industry Office (x 3)
12 13 14
Ministry of Economic Affairs, Regional Trade and Industry Office

What you will get (3)

The objective of the procedure is to obtain those documents.
Project approval
11
Project approval
Business license
14
Business license
Tax payer number
16
Tax payer number

Required documents 

The documents with green band will be provided to you during the procedure.

Site layout plan
5
Site layout plan
Location map
5
Location map
Business plan (x 3)
5 7 12
Business plan
Covering letter
5
Covering letter
Location clearance
7
Location clearance
Security clearance certificate
7
Security clearance certificate
Citizenship identity card of domestic investor (x 2)
7 15
Citizenship identity card of domestic investor
Initial environmental examination (IEE) - Industry
8
Initial environmental examination (IEE) - Industry
Environmental clearance payment notification
9
Environmental clearance payment notification
Payment receipt
10
Payment receipt
Application form for industry license
12
Application form for industry license
Legal stamp (cs)
12
Legal stamp (cs)
Project approval
12
Project approval
Application letter for license
12
Application letter for license
Revenue receipt
14
Revenue receipt
Business license
15
Business license
Promoter's details
15
Promoter's details

How much?

Cost of the procedure  BTN  3,610

Cost detail

Estimate your cost

BTN 10
1 legal stamp for BTN 10
BTN 2,000
Environmental Clearance fee
BTN 500
Environmental clearance application fee
BTN 1,000
Business license fee
BTN 100
Booklet fee

How long ?

The estimated total time is calculated by adding the time spent: 1) waiting in queue, 2) at the counter and 3) between steps.
  Min. Max.
Total time (sum): 15 d 108 d
of which:
Waiting time in queue (sum): 0mn 2h. 10mn
Attention at counter: 25mn 2h. 5mn
Waiting time until next step (sum): 15 d 108 d

Legal justification?

The regulations which justify the procedure and its content
Environmental Assessment Act, 2000 Environmental Assessment Act, 2000
  Chapter  II ,  Section  35.3 and 63 ,  articles 8, 9, 10
Fee schedules to cover the cost of administering the environmental assessment act 2000 Fee schedules to cover the cost of administering the environmental assessment act 2000
  articles 5, 5.4
Income Tax Act of the Kingdom of Bhutan 2001 Income Tax Act of the Kingdom of Bhutan 2001 Part II, Chapter 6, Section 14
Public Finance Act of Bhutan 2007 Public Finance Act of Bhutan 2007
  articles 171, 172
Regulation for the Environmental Clearance for Projects 2001 Regulation for the Environmental Clearance for Projects 2001 Annex 2
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
  articles II, Rule 3
Powered by eRegulations (c), a content management system developed by UNCTAD's Investment and Enterprise Division, Business Facilitation Program and licensed under Creative Commons License