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Preview & Print

Properties

Preview & Print

Properties

Steps (26) arrow_drop_up arrow_drop_down
Obtain security clearance  (2) expand_more expand_less
Purchase legal stamps  (1) expand_more expand_less
Obtain location clearance  (4) expand_more expand_less
Obtain letter of interest  (2) expand_more expand_less
Sign land lease agreement  (6) expand_more expand_less
Obtain technical clearance for tourist standard accommodations  (2) expand_more expand_less
Obtain project approval  (3) expand_more expand_less
Obtain business license  (3) expand_more expand_less
Open current bank account  (1) expand_more expand_less
Obtain 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
Ministry of Economic Affairs, Department of Industry (x 5)
Tourism Council of Bhutan (x 2)
Ministry of Economic Affairs, Regional Trade and Industry Office, Thimphu (x 3)
Any commercial bank in Bhutan
Regional Revenue and Customs Office, Thimphu (x 2)

Results 7 expand_more expand_less

Letter of interest (DoI)
Land lease certificate
Land lease agreement (Thromde)
Technical clearance for tourist standard hotel
Project approval (IDD)
Business license
Tax payer number

Required Documents expand_more expand_less

Cover letter for LC
Application form to lease state land for Business Activity - Form BA-1
Location clearance for hotel (x 2)
Cover letter for letter of interest
Business proposal (x 3)
Google map
Application form for lease of state land - Form SL-1
Letter of interest (DoI)
Location map
Citizenship identity card (x 4)
Legal stamp (x 2)
Bank guarantee
Legal stamps
Lease rental payment invoice
Application form for issuance of technical clearance
Cover letter for technical clearance
Architectural drawings
Land lease certificate
Technical clearance for tourist standard hotel
Project approval (IDD)
Current account opening form
Business license (x 2)
Current account number
Promoter's details

Estimated cost BTN  18,280

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 60 -
BTN  10 per legal stamp
BTN 20
20/sqft
BTN 4,000
Business license fee
BTN 8,000
Registration fees
BTN 100
Booklet fee
BTN 2,000
Business license fee
BTN 4,000
Registration fee
BTN 100
Booklet fee

Total Duration 53d - 141d  expand_more expand_less

  Min. Max.
Total time (sum): 53d 141d
of which:
Waiting time in queue (sum): 5mn 2h. 20mn
Attention at counter: 15mn 1h. 55mn
Waiting time until next step (sum): 52d 140d

Laws 11 expand_more expand_less

Evidence Act of Bhutan, 2005 Evidence Act of Bhutan, 2005 Section 35(c)
GENERAL GUIDELINES FOR INDUSTRIAL AND  COMMERCIAL VENTURES IN BHUTAN, 1997 General Guidelines for Industrial and Commercial Ventures in Bhutan, 1997
  articles 2.4, 4.1 (iii), ii
Hotel Drawing Guideline Hotel Drawing Guideline
Income Tax Act of the Kingdom of Bhutan 2001 Income Tax Act of the Kingdom of Bhutan 2001 Part II, Chapter 6, Section 14
Land Lease Rules and Regulations 2018 Land Lease Rules and Regulations 2018 47 (2), Chapter 4
  articles 3, 55-63, 60, 61, 178-185, 188-192
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 Rule 1
Rules and Regulations for Lease of Government Reserved Forest Land & Government Land 2009 Rules and Regulations for Lease of Government Reserved Forest Land & Government Land 2009 Annexure (1), Annexure (5)
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 3.1
Standard operating procedure, Thimphu Thromde Standard operating procedure, Thimphu Thromde
  Article 7.3
The Land Act of Bhutan 2007 The Land Act of Bhutan 2007
  Article 309
Thimphu Municipal Development Control Regulation 2016 Thimphu Municipal Development Control Regulation 2016
  Article 3
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