eRegulations Bhutan

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"Certification sheet" format

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Properties

Print the full procedure

Print selected step:

Include recourse information

"Certification sheet" format

Steps (39)

Request Security Clearance (2)

1 Apply Online

2 Receive security clearance

Purchase Legal Stamp (1)

3 Purchase Legal Stamp

Obtain Company Name Approval (3)

4 Request company name approval

5 Receive Online Payment Advice (By Email)

6 Pay name clearance fee and obtain company name approval

Obtain FDI Registration Certificate (2)

7 Request FDI registration certificate

8 Receive FDI Registration Certificate (by Email)

Request Power Commitment Letter from BPC (2)

9 Request power commitment letter

10 Collect power commitment letter

Obtain Provisional Letter of Interest for Land (2)

11 Request for industrial land

12 Receive provisional letter of interest

Incorporate Company (3)

13 Request company registration

14 Receive payment advice notification (by email)

15 Pay registration fees and receive certificate of incorporation

Obtain Environment Clearance (6)

16 Apply for EC (Forwarding letter)

17 Receive forwarding letter for Environment Clearance

18 Request for Environment Clearance

19 Pay environmental clearance fee

20 Submit payment receipt

21 Collect environmental clearance

Conditional Food Safety Clearance (3)

22 Apply for Conditional Food Safety Clearance

23 Request for Feasibility Inspection

24 Receive Conditional Food Safety Clearance

Obtain Project Approval (2)

25 Request project approval

26 Receive project approval

Obtain Business License (3)

27 Request business license

28 Pay license fees

29 Collect business license

Open current bank account (1)

30 Open current bank account

Obtain tax payer number (2)

31 Request tax payer number

32 Obtain tax payer number

Apply for Land Lease certificate (3)

33 Request for Letter of Interest

34 Receive copy of letter of interest

35 Receive copy of Land Lease Certificate

Execution of Lease Agreement (2)

36 Execution of Lease Agreement

37 Demarcation of Plot.

Obtain Construction Approval (2)

38 Request for construction approval

39 Receive Construction Approval

Summary of the procedure

Institutions involved 15

Ministry of Home and Cultural Affairs (x 2)

1 2

Any post office or local stationery shop

Department of Industry, MoEA (x 14)

4 5 6 7 8 11 12 13 14 15 16 17 38 39

Bhutan Power Corporation, Electricity Service Division, Thimphu (x 2)

9 10

National Environment Commission Secretariat (x 3)

18 20 21

Regional Revenue and Custom Office, Thimphu

Bhutan Agriculture and Food Regulatory Authority, Head Office

Ministry of Agriculture and Forests, Bhutan Agriculture and Food Regulatory Authority , Thimphu (x 2)

23 24

Ministry of Economic Affairs, Department of Industry (x 4)

25 26 33 34

Ministry of Economic Affairs, Regional Office of Economic Affairs, Thimphu (x 3)

27 28 29

Any commercial bank in Bhutan

Regional Revenue and Customs Office, Thimphu (x 2)

31 32

Department of Land Administration and Management, National Land Commission Secretariat

District Administration, Thimphu

District Administration, Samtse

Results 7

Security clearance

Foreign direct investment registration certificate

Certificate of incorporation

Project approval

Business license

Tax payer number

Land lease agreement

Required Documents
Individual investor Corporate investor

For Non-Bhutanese – Notarized Passport (In PDF format) of all the Directors and CEO

Company profile of domestic partner

Proof of financial capability of domestic partner

Documents establishing title and the valuation of land

Tax return/audited accounts of the founder/promoter in the case of Special Purpose Vehicle

Audited Final Accounts of the existing entity for the last financial year

Application form for industrial land

Power commitment letter

Citizenship identity card

Legal stamp

FDI registration certificate

Joint venture agreement between the investors /shareholders

Initial environmental examination (IEE) - Industry (x 2)

16 18

A cover letter requesting Environment clearance

Business Proposal (x 3)

16 18 22

Provisional letter of interest (x 3)

16 18 25

Forwarding letter for environmental clearance

Environmental clearance payment notification

Payment receipt

BAFRA/LP-FSL/F-01: APPLICATION FORM

Registration Letter

Business proposal

Sector clearance

Certificate of incorporation

Power clearance

Certificate of incorporation

Project approval (FDI) XXX

Current account opening form

Business license (x 2)

30 31

Legal stamp

Citizenship ID Card (x 2)

30 31

Current account number

Promoter's details

Business license

Official site plan (x 2)

36 37

Land Lease Certificate

Architectural drawings

Structural drawings

Plumbing/ water supply drawings

Electrical/ telephone connection drawings

CV of foreign investor (x 2)

7 13

Passports of all foreign investors (x 2)

7 13

Tax return of foreign investors for the last financial year

Notarized copy of Certificate of incorporation of the foreign investing company (x 2)

7 13

Shareholder's resolution of the foreign investing company (x 2)

7 13

Audited accounts of foreign investing company for the last financial year

Foreign direct investment registration certificate

Articles of incorporation of the foreign investor company

Estimated cost BTN 104,710

BTN

BTN Add Name Here

BTN 10 BTN 10 per Legal Stamp
BTN 2,000 Name clearance fee
BTN 7,000 for public company
BTN 50,000 Environmental Clearance fee
BTN 500 Environmental Clearance application fee
BTN 30,000 Environmental clearance fee
BTN 500 Environmental clearance application fee
BTN 2,000 Environmental clearance fee
BTN 500 Environmental clearance application fee
BTN 100
BTN 4,000 Business license fee for authorized share capital above BTN 100 m
BTN 8,000 Registration fee
BTN 100 Booklet fee