Business Formation and Licensing in Bhutan

Navigating the business landscape in Bhutan requires careful planning and a thorough understanding of the legal requirements. At Basnet Attorneys & Law, we specialize in providing end-to-end legal services to help you establish and grow your business in Bhutan with ease and confidence.

Expert Guidance on Company Registration and Structuring

Setting up a business in Bhutan involves several critical steps, starting with company registration and structuring. Our experienced lawyers at Basnet Attorneys & Law are adept at guiding clients through the intricacies of the registration process. Whether you are a local entrepreneur or a foreign investor, we ensure that your business complies with Bhutan's legal framework from the outset.

We offer:

• Company Incorporation Services: From drafting and filing the necessary documents to securing approvals from relevant authorities, we manage the entire incorporation process on your behalf.
• Business Structuring Advice: We provide tailored advice on choosing the right business structure—be it a sole proprietorship, partnership, or a corporation—that aligns with your operational goals and legal requirements.
• Partnership and Shareholder Agreements: Our legal team prepares and reviews agreements to ensure that your business relationships are clearly defined and legally protected.

Obtaining Essential Licenses and Permits

In Bhutan, operating a business requires obtaining various licenses and permits. Our comprehensive support ensures that your business acquires all the necessary approvals efficiently and without hassle. We handle:

• Sector-Specific Licenses: Depending on your industry, specific licenses may be required to operate legally. We assist in identifying and securing these licenses to keep your business compliant.
• Environmental and Health Permits: Bhutan places a strong emphasis on environmental sustainability and public health. We help navigate the regulatory landscape to obtain the necessary permits for your business activities.

Streamlined Navigation Through Bureaucratic Hurdles

Bhutan’s regulatory environment can be challenging to navigate without local expertise. Our team at Basnet Attorneys & Law simplifies the process, ensuring that all statutory requirements are met promptly. This allows you to focus on your core business activities while we handle:

• Compliance Documentation: We prepare and submit all required documentation, ensuring timely compliance with Bhutan’s regulations.
• Renewal and Updates: Keeping your business licenses and permits current is crucial. We monitor renewal dates and manage the renewal process to prevent any interruptions to your business operations.

Specialized Support for Foreign Direct Investment (FDI)

Bhutan is an attractive destination for foreign investors due to its stable political environment and growing economy. However, FDI in Bhutan comes with its own set of complexities. Our lawyers are well-versed in Bhutan’s FDI policies and provide tailored support to international clients looking to establish a presence in the Bhutanese market.

We assist with:

• Investment Approval: We guide you through the approval process for foreign investments, ensuring compliance with all relevant laws and policies.
• Joint Ventures and Collaborations: Our team facilitates the formation of joint ventures and strategic alliances, providing legal advice to protect your interests and foster successful partnerships.
• Repatriation of Profits: We advise on the legal mechanisms for profit repatriation, helping you maximize your returns while adhering to Bhutan’s regulations.

Why Choose Basnet Attorneys & Law?

At Basnet Attorneys & Law, our commitment to excellence and client satisfaction sets us apart. Our deep understanding of Bhutan’s legal system, combined with our hands-on approach, ensures that your business formation and licensing journey is smooth and efficient. Trust us to be your legal partner as you build your business in Bhutan.

Contact us today to learn more about how we can support your business in Bhutan. With Basnet Attorneys & Law by your side, you can navigate Bhutan's legal landscape with confidence and ease.

About Basnet Attorneys & Law

Basnet Attorneys & Law is a leading law firm in Bhutan, specializing in business law, foreign direct investment, and regulatory compliance. Our team of experienced lawyers is dedicated to providing high-quality legal services to local and international clients. For more information, visit our website or contact us directly.