Department of Industry

Ministry of Industry Commerce and Employment

Royal Government of Bhutan

བཟོ་གྲྭ་ལས་ཁུངས།

བཟོ་གྲྭ་ཚོང་ལས་དང་ལཱ་གཡོག་ལྷན་ཁག།

དཔལ་ལྡན་འབྲུག་གཞུང་།།

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How long does it take to get my business/project for medium and large industry approved?
With the submission of your business plan and all the required documents, your business will be approved within 1 to 2 working days. However, the process for obtaining clearances from relevant agencies may take some time depending on their turn-around time.



What does it mean by business up-gradation?
Your business is considered to be upgraded when there is an increase in either the total capital investment, an increase in the capacity of production, an increase in activity, and an expansion of the business establishment. 

Up-gradation of business can take place from any scale of business. Be it from cottage scale to small/medium scale or small/medium to large scale. 

With up-gradation, the license of your business also need to be changed. 
Foreign Direct Investment: why to invest in Bhutan?
  • Bhutan is: 
  • 1. one of the fastest growing economies with average GDP growth of 7.5% pre-pandemic.
  • 2. Strategically located in the region home to over 2 billion people.
  • 3. Enjoys political stability and is one of the most peaceful countries in the world.
  • 4. Strong and transparent government, the least corrupt government ranked number 1  in South Asia as per the Corruption Perception Index 2022. 
  • 5. Pristine environment and vibrant culture.
  • 6. Presence of an educated workforce, with English commonly spoken.
  • 7. Availability of reliable, clean and green energy at a competitive price (USD 0.02 per kWh). 
  • 8. Fiscal Incentives provided to businesses.
  • 9. Strong Political will to pursue inclusive economic transformation through innovation and Technology.
  • 10. Equal treatment accorded to foreign investment as accorded to a similar domestic investment.