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Annual renewal (paid from the second year) | Оn request | Оn request | Оn request |
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Total cost | Оn request | Оn request | Оn request |
Accounting services | Оn request | Оn request | Оn request |
Annual renewal (paid from the second year) | Оn request | Оn request | Оn request |
If you will register a company until April 30,
opening a bank account is for FREE
Select your
preferred jurisdiction
Choose a bank
that meets your
company's needs
Pay for our services
using a convenient
payment method
Receive all necessary
corporate documents
Receive details
for your newly opened
bank account
We'll deliver the original
documents directly
to you
Bhutan is a small kingdom located in the southern foothills of the Eastern Himalayas. A constitutional monarchy rules the country. Setting up a company in Thimphu or any other city in Bhutan will interest entrepreneurs who plan to do business east of the continent. The kingdom is a member of the South Asian Association for Regional Cooperation. Foreigners can open a company in Bhutan, but the procedure is complicated.
Company registration in Bhutan may vary depending on the form of land ownership, environmental permit, and whether the company will be located within a municipality.
Bhutan's legislation defines the allowable share of foreign capital in starting a business. With 100% foreign investment, companies engaged in health care, infrastructure projects, IT, and others can be established. If a non-resident entrepreneur wants to open a firm in Bhutan involved in other activities, the local state-owned Druk Holding and Investments (DHI) can be chosen as a partner.
The Department of Revenue and Customs administers all taxes.
Companies must submit annual financial statements to the supervisory authority and be audited.
Starting a company in Bhutan has become more profitable since the enactment of the Tax Incentives Act 2021, which establishes tax vacations for up to 10 years and a 5-year tax rate reduction for selected economic sectors, as well as many other preferences.
The current legislation of the Kingdom allows foreign investors to get significant tax advantages and build profitable relationships with Asian partners. Prifinance lawyers will advise on all the nuances of doing business in the jurisdiction, support you to register a company in Bhutan, and keep accounting records.