Bhutan Ownership Change in License : citizenservices.gov.bt

Organisation : Department of Industry
Facility Name : Ownership Change in License
Country : Bhutan
Website : https://www.citizenservices.gov.bt/g2cportal/serviceDetails

How To Apply For Ownership Change in License in Bhutan?

If licensees intend to (i) change ownership type or transfer industry license to another person, service is available online from www.citizenservices.gov.bt.

Related / Similar Facility : Bhutan Application for Cancellation of Industry License

Applicant can either
** Apply application for ownership change online; OR
** Avail this service from the nearest/concerned Regional Offices Industry, Commerce and Employment (ROICE)

Pre-Requisite:
** Keep the following scanned documents ready prior to online application for Ownership transfer of industry license:
** Valid Tax Clearance Certificate for Ownership transfer of industry license issued by the concerned Regional Revenue & Customs Office.
** No objection letter from current owner of license.
** Valid sectoral clearances in the name of transferee (if required).
** Valid security clearance certificate of transferee.

Steps To Apply:
** Visit www.citizenservices.gov.bt and go to Business Services and log in using your user ID and password. Under Online Business Services, click on Sl. # 8 Application for Change of License.
** Enter License number and TPN number
** Select type of services you are availing-Ownership Change and select (sole proprietorship, Partnership, company)
** Enter applicant’s CID number (to whom license is transferring)
** Enter mobile number of transferee
** If you want to change Establishment name, enter new establishment name
** Upload required documents as mentioned above
** The license number shall remain the same.
** Click on the Undertaking button -I agree with terms and conditions. Click on the SUBMIT button.
** An application ID will be generated, and the applicant also receives it in SMS with directives regarding concern ROICE for follow up.
** Applicant can track application status by using application ID from www.citizenservices.gov.bt
** Concern ROICE will verify and approve/reject the application and notify the same to the applicant through SMS.
** If approved, an applicant will get SMS with a link to make online payment from the www.citizenservices.gov.bt
** Upon successful payment of prescribed applicable fee, an applicant can print licenses from the page Online Business Services; enter application ID in the track box.
** License number will display. Copy license number and enter in the print box. License copy will be downloaded, which the applicant can either save or print.

Eligibility of Ownership Change in License

** A citizen issued with an industrial license by the Ministry of Industry, Commerce and Employment.
** In case of transfer of industry license the transferee must be a citizen of 18 years and above; and

Fees of Ownership Change in License

** No fee is applicable to apply for license ownership change.
** Applicant need to pay 50% of the license fee in case of entertainment license ownership change.

Turn Around Time of Ownership Change in License

** The standard service delivery time for cancellation of an industry license is one working day.
** TAT will account FROM the day applicant/ROICE apply application for change of license TO approval of the same.
** Provided the online system is stable, all required document is submitted online on the same day.

Accessibility:
The online service is accessible to applicants with disabilities also. However, ROICE and any individual can assist them to apply online for a change of license, if they are not able to.

Feedback Mechanism:
Applicant can provide their comments, suggestions, or complaints to concern Regional Office Industry, Commerce and Employment in Thimphu, Phuentsholing, Gelephu, Samdrup Jongkhar, Mongar,Trongsa.

Additional Simplified Procedure

In Bhutan, applying for an ownership change in a license seems to be an offline process. Here’s what I found to help you:

Integrated Business Licensing Service (IBLS):
The IBLS website ([IBLS]) offers information on business license changes, including ownership. Look for the section “Change of License/ Certificate” and then “Change in Ownership.” This might provide details on required documents and procedures.

Ownership Transfer Forms:
While the IBLS site might not have a downloadable form, a sample form titled “Ownership Transfer Form.pdf” exists online ([Sample Ownership Transfer Form]). This could give you an idea of the information needed but might not be the official form.

Contacting Relevant Authorities:
Since the process seems offline, it’s best to directly contact the issuing authority for your specific license.