Bhutan

Ease of Doing Business in

Bhutan

This page summarizes Doing Business 2013 data for Bhutan. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region South Asia
Income Category Lower middle income
Population 738,267
GNI Per Capita (US$) 2,070
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
148 142 down -6

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
52.6 52.5 down 0.1
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 94 86 up -8
Dealing with Construction Permits 124 124 No change
Getting Electricity 136 135 up -1
Registering Property 85 83 up -2
Getting Credit 129 127 up -2
Protecting Investors 150 147 up -3
Paying Taxes 71 67 up -4
Trading Across Borders 172 171 up -1
Enforcing Contracts 37 36 up -1
Resolving Insolvency 185 185 No change

Economy Profile

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Additional Data

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Starting a Business

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The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2013 Rank 94 DB 2012 Rank 86 Change in Rank down-8
DB 2013 DTF** (% points) 79.3 DB 2012 DTF** (% points) 79.2 Improvement in DTF** (% points) up0.1
YearNew business densityNumber of new limited liability companies
2011 0.0628
Indicator Bhutan South Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology Procedures (number)
8 7 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology Time (days)
36 19 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology Cost (% of income per capita)
6.5 21.6 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology Paid-in Min. Capital (% of income per capita)
0.0 17.8 13.3
No. Procedure Time to Complete Associated Costs
1 Obtain a security clearance from the Royal Bhutan Police 1 week no charge
2 The company submits project proposal to Industrial Development Services Division (IDSD), Project Development Services Division 4 days for activities requiring no sector / environmental clearance; up to 6 months for activities requiring sector clearance BTN 600
3 Register with the Registrar of Companies 3 days BTN 2000
4 Apply for a trade/industrial license at the Regional Trade and Industrial Office (under Ministry of Economic Affairs) 2 days Registration fee, license fee, booklet charge (see comment)
5 Apply for taxpayer identification number and register the company for specific taxes 1 - 3 days no charge
6 Make a company seal 1 day BTN 879
* 7 Open a bank account 1 day (simultaneously with previous procedure) no charge
* 8 File the evidence of operating a bank account with the Registrar of Companies 1 day (simultaneously with previous procedure) no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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