Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Or refine your search by selecting a city:
Bhutan Attorneys in related practice areas.
Refine your search by selecting a city.
Business in Bhutan has seen significant growth in recent years, with the government actively promoting entrepreneurship and investment. The legal framework for business operations in Bhutan is governed by various laws and regulations that aim to create a conducive environment for business activities.
There are several situations where you may need legal assistance in the field of business in Bhutan. Some common scenarios include setting up a new business, drafting contracts, resolving disputes with business partners or customers, ensuring compliance with regulatory requirements, and seeking advice on tax matters.
Key aspects of local laws that are particularly relevant to business in Bhutan include the Companies Act of Bhutan, the Business Opportunity and Information Centre Act, and the Tax Act. These laws govern various aspects of business operations, including company formation, corporate governance, intellectual property rights, tax obligations, and dispute resolution.
To register a new business in Bhutan, you need to submit an application to the Department of Trade and Industry and obtain a business license.
Businesses in Bhutan are required to pay corporate income tax and other taxes as per the provisions of the Tax Act.
You can protect your intellectual property rights in Bhutan by registering your trademarks, patents, and copyrights with the Intellectual Property Office.
The Companies Act of Bhutan governs the formation, management, and dissolution of companies in Bhutan, including requirements related to share capital, directors, and shareholders.
Business disputes in Bhutan can be resolved through negotiation, mediation, arbitration, or litigation, depending on the nature and complexity of the dispute.
Importing and exporting goods in Bhutan are subject to customs regulations administered by the Department of Revenue and Customs.
Foreigners can invest in certain sectors of the economy in Bhutan subject to the Foreign Direct Investment Policy and other regulatory requirements.
Businesses in Bhutan are required to comply with the Employment and Labour Act, which governs various aspects of employment, including working conditions, wages, and benefits.
Businesses in Bhutan are required to comply with environmental regulations administered by the National Environment Commission, which aim to promote sustainable development and protect the environment.
Non-compliance with business laws in Bhutan can result in fines, penalties, suspension of business operations, or legal action, depending on the nature and severity of the violation.
For more information on business laws and regulations in Bhutan, you can visit the Department of Trade and Industry, the Intellectual Property Office, the Department of Revenue and Customs, and the Office of the Attorney General.
If you require legal assistance in the field of business in Bhutan, it is advisable to seek advice from a qualified lawyer who specializes in business law. A lawyer can help you navigate the legal requirements, protect your interests, and ensure compliance with relevant laws and regulations.
