List of steps
(Total number of steps: 9)
Purchase legal stamps  (1)
Obtain security clearance  (2)
Obtain retail license  (3)
Open current bank account  (1)
Obtain tax payer number  (2)

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Properties
 
Summary of the procedure
 

Where to go? (3)

You will have to go to the following agencies. The number indicates how many interactions are required with each entity.
Any post office or local stationary shop
1
Any post office or local stationary shop
Ministry of Economic Affairs, Regional Trade and Industry Office, Thimphu (x 3)
4 5 6
Ministry of Economic Affairs, Regional Trade and Industry Office, Thimphu
Any Two Commercial Banks - Bank of Bhutan Ltd or Bhutan National Bank Ltd
7
Any Two Commercial Banks - Bank of Bhutan Ltd or Bhutan National Bank Ltd

What you will get (2)

The objective of the procedure is to obtain those documents.
Trade License
6
Trade License
Tax payer number
9
Tax payer number

Required documents 

The documents with green band will be provided to you during the procedure.

Application form for retail & wholesale trade (form II)
4
Application form for retail & wholesale trade (form II)
Legal stamp (rt)
4
Legal stamp (rt)
Security clearance
4
Security clearance
Citizenship identity card of investor (x 3)
4 7 8
Citizenship identity card of  investor
Money receipt
6
Money receipt
Current account opening form (BNB)
7
Current account opening form (BNB)
Legal stamp
7
Legal stamp
Business license
8
Business license
Current account number
8
Current account number
Promoter's details
8
Promoter's details

How much?

Estimated cost of the procedure  BTN  10,050

change the values with the

Cost detail

Estimate your cost

BTN  10 per legal stamp
- BTN 50
5
BTN 10,000
Trade license fee

How long ?

The estimated total time is calculated by adding the time spent: 1) waiting in queue, 2) at the counter and 3) between steps.
  Min. Max.
Total time (sum): 1 d 3 d
of which:
Waiting time in queue (sum): 20mn 2h. 5mn
Attention at counter: 20mn 1h.
Waiting time until next step (sum): 1 d 4 d

Legal justification?

The regulations which justify the procedure and its content
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 Section 35(c)
Income Tax Act of the Kingdom of Bhutan 2001 Income Tax Act of the Kingdom of Bhutan 2001 Part II, Chapter 6, Section 14
Micro, Retail & Wholesale Trade Regulation 2006 Micro, Retail & Wholesale Trade Regulation 2006
  Article 4
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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