What our Bhutan company report includes
Our Bhutan reports draw on sources including the Ministry of Industry register, the Department of Revenue and Customs, the Royal Monetary Authority for regulated entities, and the courts; fees may apply for certain records. Bhutan's Ministry of Economic Affairs was renamed the Ministry of Industry, Commerce and Employment (MoICE) in 2022, and company registration sits with the Corporate Regulatory Authority (the Registrar of Companies) under MoICE. Depth of any given section reflects what the subject company has filed and what is publicly retrievable at the time of the search.
Identity & registration
- ✓ Registry number and TIN
- ✓ Registered name
- ✓ Legal form (Limited, sole proprietorship, partnership, branch)
- ✓ Date of incorporation and registered office
- ✓ Active standing
People & ownership
- ✓ Directors and authorised signatories
- ✓ Shareholders and shareholding
- ✓ Beneficial ownership
- ✓ Bhutanese and foreign ownership (restrictions apply)
- ✓ Parent company where applicable
Financial & trading
- ✓ Filed accounts in BTN (Bhutanese Ngultrum) — INR also legal tender
- ✓ Authorised business activities
- ✓ Hydropower-sector partnerships (case-specific)
- ✓ Risk indicator and calculated credit limit
Risk & public records
- ✓ Court judgements
- ✓ Insolvency proceedings
- ✓ Tax compliance status (case-specific)
Note on Bhutanese data: Bhutan operates restrictions on foreign ownership in many sectors. The Ngultrum is pegged 1:1 to the Indian Rupee with INR also functioning as legal tender, reflecting the close economic relationship with India. Hydropower exports to India dominate the export economy.
Why verify a Bhutanese company?
Bhutan's small, India-linked economy concentrates most overseas commercial interest on hydropower joint ventures with India, tourism operators and limited manufacturing. The registry confirms incorporation; foreign-ownership restrictions affect what is feasible for many counterparty structures. The INR-peg simplifies financial analysis for India-linked transactions.