1. Foreign investment
  2. Samtse
  3. Inside Industrial Park
  4. Without environmental clearance
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Properties

Steps (27) arrow_drop_up arrow_drop_down
Obtain security clearance (local partner)  (2) expand_more expand_less
Purchase legal stamps (local partner)  (1) expand_more expand_less
Company name clearance  (3) expand_more expand_less
FDI registration certificate  (2) expand_more expand_less
Register company  (3) expand_more expand_less
Site layout plan  (1) expand_more expand_less
Land allotment order  (2) expand_more expand_less
Lease agreement  (3) expand_more expand_less
Business license  (3) expand_more expand_less
Bank account  (5) expand_more expand_less
Tax payer number  (2) expand_more expand_less
26 Request tax payer number
language
27 Obtain tax payer number
language
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Summary of the procedure

Institutions involved 8 expand_more expand_less

Any post office or local stationery shop
3
Ministry of Industry, Commerce and Employment (MoICE), Department of Industry (x 10)
4 5 6 7 8 9 10 13 14 17
Ministry of Industry, Commerce & Employment, Regional Office of MoICE, Thimphu
11
Any licensed architect/ engineer or architectural/ engineering firm
12
Ministry of Industry, Commerce & Employment, Regional Office of MoICE, Phuntsholing (x 2)
15 20
Any commercial bank
16
Royal Monetary Authority (x 3)
21 22 23
Any commercial bank in Bhutan (x 2)
24 25

Results 5 expand_more expand_less

Foreign Direct Investment Registration Certificate
8
Certificate of incorporation
11
Land lease agreement
17
Business license
20
Tax payer number
27

Required Documents
Individual investor Corporate investor
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Valid Security clearance (x 2)
4 9
Notarized Passport
4
Company profile of domestic partner
7
Proof of financial capability of domestic partner
7
Foreign Direct Investment Registration Certificate
9
Joint venture agreement between the investors /shareholders
9
Application form for industrial land
13
Application form for industrial land
Site layout plan
13
Business proposal
13
Land allotment order (x 3)
15 16 17
Approval of implementation plan
17
Revenue receipt
17
Bank guarantee
17
Legal stamp (x 3)
17 24 25
Letter of undertaking for license
17
Certificate of incorporation (x 3)
18 24 26
Undertaking form
18
Application form - FCA - III
21
FDI registration certificate
21
Current account opening form
24
Business license (x 2)
24 26
Board resolution of the company to open account in the bank
24
A letter with additional signatories details and documents
24
Approval for FC account
25
Current account number (x 2)
25 26
Promoter's details
26
Percentage shareholding of partners
26
CV of foreign investor (x 2)
7 9
Notarized Passport (x 2)
7 9
Tax return of foreign investors for the last financial year
7
Notarized copy of Certificate of incorporation of the foreign investing company (x 2)
7 9
Shareholder's resolution of the foreign investing company (x 2)
7 9
Audited accounts of foreign investing company for the last financial year
7
Articles of incorporation of the foreign investing company
9

Estimated cost BTN  25,470

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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

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BTN 170 -
BTN  10 per 
legal stamp
17 mode_edit
BTN 2,000
Name clearance fee
BTN 5,000
for private company
BTN 4,000
Business license fee for authorized share capital above BTN 100m
BTN 8,000
Registration fee
BTN 100
Booklet fee
BTN 4,000
Registration fee
BTN 100
Booklet fee
BTN 2,000
Registration fee
BTN 100
Booklet fee

Total Duration 35d - 93d  expand_more expand_less

  Min. Max.
Total time (sum): 35d 93d
of which:
Waiting time in queue (sum): 5mn 2h. 30mn
Attention at counter: 45mn 2h. 40mn
Waiting time until next step (sum): 34d 92d

Laws 13 expand_more expand_less

Companies Act of Bhutan 2016 Companies Act of Bhutan 2016 Chapter 5, Sections 38-43
Evidence Act of Bhutan, 2005 Evidence Act of Bhutan, 2005 Section 35(c)
FDI application guidelines FDI application guidelines 2019
  Article 1
FDI regulations 2019 FDI Regulations 2019
  articles 15, 56, 59, 70
FDI Regulations 2019 FDI Regulations 2019 See also Annex 1 for guidelines on preparation of business plan
  articles 21 (ii) a, c
Foreign Direct Investment (FDI) Policy, 2010 (Amended on July 18, 2014) Foreign Direct Investment Policy 2019
  Article 3.7
Foreign Direct Investment Policy 2019 Foreign Direct Investment Policy 2019
  articles 3.6, 5.1, 6.1, 11 (i)
Foreign Exchange Rules and Regulations 2022 Foreign Exchange Rules and Regulations 2022 40, 44-a(vi)
GENERAL GUIDELINES FOR INDUSTRIAL AND COMMERCIAL VENTURES IN BHUTAN, 1997 General Guidelines for Industrial and Commercial Ventures in Bhutan, 1997
  Article 2.4
Income Tax Act of the Kingdom of Bhutan 2001 Income Tax Act of the Kingdom of Bhutan 2001 Part II, Chapter 6, Section 14
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 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
  Sections 57, 58, 59, 60
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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