Wikiprocedure

Bhutan - Register an Existing Company

Page Discussion

Advertisement

ProcedureEdit

  1. Complete the application form to register a company.
  2. Submit the application form along with all other required documents.
  3. Pay all necessary fees.



Advertisement

Required DocumentsEdit

  • Completed registration form
  • Original citizenship identity card of the promoters to be presented at the Company Registry Division, Department of Industry during the time of submitting application and documents for registration of a company following the Companies Act of the Kingdom of Bhutan.
  • Form set out in Schedule I of the Companies Act of the Kingdom of Bhutan 2000.
  • Consent to act as Directors of the company duly signed by the first directors in the form set out in Schedule II of the Companies Act of the Kingdom of Bhutan 2000.
  • A declaration by one or more directors in the form set out in Schedule II of the Companies Act of the Kingdom of Bhutan.
  • Sectoral clearance from the concerned sector and Industrial license number.



Office Locations & ContactsEdit

Ministry of Economic Affairs
Department of Industry
Director: 02-325323
PA to Director: 02-323597

Specialist: 02-321796

Project Coordination Division (PCD)
Division Head (Chief Industries Officer): 02-325112
Office number: 02-322295

Industrial Development Division (IDD)
Office Number: 02-321733

Company Registry Division (CRD)
Division head (Registrar of Companies): 02-325637
Office Number: 02-325062

Foreign Direct Investment Division (FDI)
Division Head (Industries Officer): 02-337626
Office Number: 02-337623

Industrial Infrastructure Development Division (IIDD)
Offtg. Chief Industries Officer: 02-335341
Sr. Architect: 02-323079
Office Number: 02-323536

Environmental Unit (EU)
Division Head (Dy. Chief Environment Officer): 02- 332124
Office Number: 02-336199

MOEA Website



EligibilityEdit

Two or more citizens who have attained 18 years of age and who would like to register an existing company following the Companies Act of the Kingdom of Bhutan 2000.



FeesEdit

Company owners need to pay Nu. 1,000 if the authorized share capital is not exceeding Nu. 1,000,000 , Nu. 1500 if the authorized share capital is in between Nu. 1,000,000 to Nu. 200,000 and Nu. 2000 for authorized share capital exceeding Nu. 2,000,000.



ValidityEdit

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever



Documents to UseEdit

Please attach documents which can be used by people who would like to follow this procedure.



Sample DocumentsEdit

Please attach sample completed documents which would help other people who would like to follow this procedure.



Processing TimeEdit

Please explain processing time taken in obtaining the document/certificate.



Related VideosEdit

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M".



InstructionsEdit

Registration forms can only be submitted and processed at the Company Registry Division, Department of Industry, Ministry of Economic Affairs.



Required InformationEdit

  • Name of the company
  • Office location
  • Authorized Capital
  • Name and Addresses of the first and Chief Executive Officer of the company.
  • Names of Witnesses and their occupation



Need for the DocumentEdit

A company must be registered for it to obtain legal personality. It gives the registered company rights and obligations necessary or appropriate in conducting business transactions, with the exception of course of those forbidden to it by law.

Existing companies can still be registered in case there are changes in the form of the business, its owners or nature of the business.




Information which might helpEdit

Enter other informations which might help



Other uses of the Document/CertificateEdit

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.



External LinksEdit

  • Citizens Services Website of Bhutan:
http://www.citizenservices.gov.bt/web/guest/buisines_registration



OthersEdit

More information which might help people.


Retrieved from "https://www.wikiprocedure.com/index.php?title=Bhutan_-_Register_an_Existing_Company&oldid=71346"