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Preview & Print

Properties

Steps (17) arrow_drop_up arrow_drop_down
Security clearance  (2) expand_more expand_less
Legal stamps  (1) expand_more expand_less
Location map  (1) expand_more expand_less
Land lease agreement  (5) 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
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Summary of the procedure

Institutions involved 8 expand_more expand_less

Any post office or local stationery shop
Any licensed architect/ engineer or architectural/ engineering firm
Thimphu Thromde (x 5)
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 3 expand_more expand_less

Land lease agreement (Thromde)
Business license
Tax payer number

Required Documents expand_more expand_less

Application form for lease of state land - Form SL-1
Business proposal (x 2)
Location map
Legal stamp (x 2)
Legal stamps
Lease rental payment invoice
Business plan
Location clearance
Current account opening form
Business license (x 2)
Current account number
Promoter's details

Estimated cost BTN  18,240

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 0
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 15d - 43d  expand_more expand_less

  Min. Max.
Total time (sum): 15d 43d
of which:
Waiting time in queue (sum): 5mn 1h. 20mn
Attention at counter: 30mn 1h. 20mn
Waiting time until next step (sum): 14d 43d

Laws 11 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
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
  articles 3, 55-63
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 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 I, Rule 6.1 and Part II, Rule # 3 (3.1)
The Land Act of Bhutan 2007 The Land Act of Bhutan 2007
  Article 309
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