print

Preview & Print

Properties

Preview & Print

Properties

Steps (24) arrow_drop_up arrow_drop_down
Security clearance  (2) expand_more expand_less
Legal stamps  (1) expand_more expand_less
Letter of intent  (2) expand_more expand_less
Location map  (1) expand_more expand_less
Land use approval from gewog administration  (2) expand_more expand_less
Land lease approval  (7) expand_more expand_less
Land lease agreement  (1) expand_more expand_less
Project approval  (2) 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
language
language
flag

arrow_drop_up arrow_drop_down
Summary of the procedure

Institutions involved 11 expand_more expand_less

Any post office or local stationery shop
Any relevant agency (x 3)
Any licensed architect/ engineer or architectural/ engineering firm
Any Concerned Gewog Administration Office (x 2)
District Administration, Thimphu (x 5)
Ministry of Energy and Natural Resources, Territorial Forest Division, Thimphu (x 2)
Ministry of Industry, Commerce and Employment (MoICE), Department of Industry (x 2)
Ministry of Industry, Commerce & Employment, Department of Industry (x 2)
Ministry of Industry, Commerce & Employment, Department of Industry
Ministry of Industry, Commerce & Employment, Regional Office of MoICE, Thimphu
Any commercial bank in Bhutan
Regional Revenue and Customs Office, Thimphu (x 2)

Results 2 expand_more expand_less

Business license
Tax payer number

Required Documents expand_more expand_less

Covering letter
Business proposal (x 4)
Application form to lease GRF land for business activity - DA-1
Location map (x 2)
Assessment report by the assessment team
Assessment report by the gewog administration
Application form to lease GRF land for business activity - Form IE-1
Land use approval from geog administration
Letter of interest (DoI)
Forestry clearance letter
Land Lease Certificate
Legal stamp (x 2)
Business plan
Location clearance
Current account opening form
Business license (x 2)
Current account number
Promoter's details

Estimated cost BTN  18,260

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 40 -
BTN  10 per 
BTN 20
per sq. ft.
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 19d - 45d  expand_more expand_less

  Min. Max.
Total time (sum): 19d 45d
of which:
Waiting time in queue (sum): 5mn 1h. 40mn
Attention at counter: 45mn 2h. 35mn
Waiting time until next step (sum): 18d 44d

Laws 13 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
Forest and Nature Conservation Rules and Regulations of Bhutan, 2017 Forest and Nature Conservation Rules and Regulations of Bhutan 2017
  articles 15, 16, 17, 18
GENERAL GUIDELINES FOR INDUSTRIAL AND  COMMERCIAL VENTURES IN BHUTAN, 1997 General Guidelines for Industrial and Commercial Ventures in Bhutan, 1997
  articles 2.4, ii
Guideline for preparation of business plan (production and manufacturing) Guideline for preparation of business plan (production and manufacturing)
Guideline for preparation of business plan (service industries) Guideline for preparation of business plan (service industries)
Income Tax Act of the Kingdom of Bhutan 2001 Income Tax Act of the Kingdom of Bhutan 2001 Part I, Chapter 10, Section 47 and Part II, Chapter 4, Section 16
Land Lease Rules and Regulations 2018 Land Lease Rules and Regulations 2018
  Article 178-185
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 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 Annex C- 9, 11(a)
Rules and regulations for lease of government reserved forest land and government land Rules and regulations for lease of government reserved forest land and government land
  articles 11), Annexure 'c' ( 9
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 I, Rule 6.1 and Part II, Rule # 3 (3.1)
The Land Act of Bhutan 2007 The Land Act of Bhutan 2007 Sections 306-310
  Sections 184-188, 306 ,  articles 309, 310
Powered by eRegulations ©, a content management system developed by UNCTAD's Business Facilitation Program and licensed under Creative Commons License