Facilitating Foreign Direct Investment in the IT/ITES Industry
We facilitate Foreign Direct Investment in Bhutan for foreign companies/investors coming to locate at the Thimphu TechPark, Bhutan’s first IT Park. We liaise with the Department of IT and Telecom, Ministry of Information and Communications which provides a single-window assistance for FDI registration with the Ministry of Economic Affairs.
Thimphu TechPark is a Special Economic Zone with the following incentives and support offered by the Royal Government of Bhutan. For details on FDI company incorporation in Bhutan, please see this link: http://www.thimphutechpark.com/bhutan-for-business.html
- A tax holiday of ten years for IT/ITES businesses operating within the IT Park and exporting 80% of their products/services.
- Import of capital goods forming direct inputs for the IT/ITES companies in the IT Park shall be exempted from customs duty and sales tax.
- 100% foreign equity participation shall be permitted for the IT/ITES companies in the IT Park.
- Government ensures that the cost of Internet at the IT Park is at par with that in India.