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Bhutan - Transfer of Vehicle Ownership

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Procedure[edit]

  1. Gather all documents you will need to submit or present in order to transfer ownership of a vehicle. Note: The seller must inform and request the Authority to transfer the ownership of the vehicle under the name of the buyer within 15 days from the time the vehicle was sold.
  2. Complete an application and submit it along with all other required documents.
  3. Your application for transfer of vehicle ownership will be processed within one working day, provided all required documents were submitted and all applicable fees were paid.



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Required Documents[edit]

An application for transfer of ownership of a vehicle must be accompanied by:

  • A deed of sale which includes the sale price of the vehicle and the signature of the seller and buyer, signed across a legal stamp by both the parties and a witness from each party;
  • The registration certificate for the vehicle;
  • In case of a vehicle mortgaged with the financial institutions, a clearance certificate from the financial institution stating that the loan on the vehicle has either been fully paid out or that the financier has no objection to the transfer of the loan along with the transfer of the vehicle ownership.
  • Clearance from the Court, if the vehicle is subject to any legal dispute;
  • The fee and charges for change of ownership, including the property transfer tax
  • Seller should inform the authority in writing immediately upon sale of vehicle
  • Photocopy of the buyer's Citizen ID card.
  • Copy of the marriage certificate if the transfer is from husband to wife or vice-versa and from parents to offspring upon producing appropriate evidence.
  • Vehicle Ownership transfer within 5th year from the date of registration, particularly for third country import vehicles, registered in the name of diplomats/expatriates must produce tax clearance certificate from Ministry of Finance (Department of Revenue and Customs).
  • All vehicles that were exempt from Tax/Duties during initial purchase must produce tax clearance certificate at the time of transfer of ownership
  • A recent passport size photograph of the buyer/new owner.



Office Locations & Contacts[edit]

Head Office
Mongar Region
Thimphu Region
Phuntsholing Region
Gelephu Region
S/jongkhar Region



Eligibility[edit]

Provide eligibility criteria's for going through this procedure.



Fees[edit]

Who must pay the transfer tax: The seller is the one responsible for paying the transfer tax, except in case:

  • Of a vehicle purchased from the Government on allotment
  • Vehicle sold by international and diplomatic agencies; or
  • Of the seller exempt from the transfer tax, in which case, the buyer shall pay the transfer tax unless he can produce a certificate of exemption from the Ministry of Finance.
  • Other cases:
    • Where a vehicle is seized and auctioned by the financial institution to recover its loan, the previous owner in whose name the loan is outstanding, will be subject to transfer tax on the actual amount received by the property owner after adjustment of the outstanding loan amount.
    • In case of a vehicle sold as scrap, the owner is liable for transfer tax on the sale value of the scrap and must surrender the registration certificate to the Authority.

Note: Vehicles gifted as SOELRA/gift, bought from RGOB projects etc are also liable for 5% transfer tax.


Exemption from payment of property transfer tax:
Payment of property transfer tax is exempt in case the vehicle ownership is being transferred:

  • From parents to children
  • From husband to wife or vice-versa
  • From one privileged person to another, being the transfer of allotment;
  • Between exempt international organization.


Fees and charges applicable to ownership transfer:

  • Ownership Change tax: Nu.500/-.
  • Registration Certificate cost,Nu.500/-.
  • Property Transfer Tax, 5% on accessed value.



Validity[edit]

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



Documents to Use[edit]

Please attach documents that can be used by people. e.g. links



Sample Documents[edit]

Please attach sample completed documents that would help other people.



Processing Time[edit]

Your application for transfer of vehicle ownership will be processed within one working day, provided all required documents were submitted.



Related Videos[edit]

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". 
	



Instructions[edit]

The seller must inform and request the Authority to transfer the ownership of the vehicle under the name of the buyer within 15 days from the time the vehicle was sold.

Penalty for exceeding 15 days: 2 units (Nu.100) per



Required Information[edit]

A list which displays the kind of information which is required to complete the procedure.
e.g.
1. Date of Birth.
2. City or County of Birth.



Need for the Document[edit]

Following is a procedure on how to transfer ownership of a vehicle to another person/entity.



Information which might help[edit]

Enter other informations which might help



Other uses of the Document/Certificate[edit]

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



External Links[edit]

  • Road Safety and Transport Authority:
http://www.rsta.gov.bt/?page_id=34



Others[edit]

More information which might help people.