Basnet Attorneys and Law is a reputable and well-established full service law firm based in Thimphu, Bhutan. Specializing in litigation (legal representation in Bhutanese Courts), arbitration, legal, and business consulting especially in FDIs, our experienced Bhutanese Lawyers are committed to providing customized solutions to meet the diverse needs of our clients. With a strong focus on delivering high-quality services, we adeptly guide clients through the intricacies of the Bhutanese legal system both within Bhutan and internationally. FDI Bhutan is top Bhutan FDI Advisory Department at Basnet Attorneys and Law - A Premier Law Firm in Bhutan. We specialize in Foreign Direct Investment (FDI) in Bhutan. Our expertise extends to collaborating with businesses, special economic zones, and industries globally, aiming to set up their business in Bhutan. As a leading authority, FDI Bhutan serves as one stop window for setting up FDI in Bhutan.
15 Reasons Why Bhutan is YOUR Next Investment Destination in FDIs
Bhutan, celebrated for its unique blend of Gross National Happiness, stunning Himalayan landscapes, and rich Buddhist heritage, is rapidly emerging as a coveted destination for investment and Foreign Direct Investments (FDIs) in the thriving Asian market. Here are 15 compelling reasons why savvy investors should consider Bhutan as their next strategic investment choice for FDI's:
1. Stable Political Environment:
Bhutan boasts a stable political environment under its Democratic Constitutional monarchy, providing a secure foundation for FDI in Bhutan. Pro-business government policies actively encourage foreign investments through various incentives.
2. $6 Trillion Domestic Market:
Bhutanese companies benefit from unrestricted access to India's colossal $6 trillion market, offering abundant opportunities for FDI in Bhutan. A 2019 study by the World Economic Forum and Bain predicts a four-fold increase in Indian household spending by 2030, amplifying the market potential.
3. Friendly Investment Policies:
Bhutan's investment policies are designed to be investor-friendly, offering enticing incentives like tax holidays, duty exemptions, and profit repatriation to foreign investors. These policies create a welcoming atmosphere for FDI in Bhutan.
4. Suitable for Export Businesses:
Bhutan enjoys tariff-free entry into the US and EU markets, making it an ideal choice for FDI. Participation in the South Asian Free Trade Agreement opens doors to neighboring giants like China and India, providing ample opportunities for export-oriented businesses.
5. Strategic Location:
Positioned strategically between India and China, Bhutan serves as a gateway for trade, making it a strategic choice for FDI. Its geographic location enhances its significance for businesses looking to expand their reach in the region.
6. Natural Beauty and Tourism:
Bhutan's breathtaking landscapes and rich cultural heritage make it a sought-after tourist destination, offering lucrative opportunities for FDI. Investments in tourism infrastructure, including hotels and resorts, promise substantial returns in this burgeoning industry.
7. Asia's Greatest Place to Live:
Lonely Planet recognized Bhutan as the ultimate travel destination in 2020, boosting its appeal for FDI. It is a paradise for nature enthusiasts, featuring awe-inspiring monasteries and a diverse range of wildlife.
8. The Country of Happiness:
Bhutan's unique development policy, Gross National Happiness (GNH), prioritizes citizens' well-being over mere economic growth, creating an environment conducive to socially responsible FDI in Bhutan.
9. Skilled Workforce:
Bhutan boasts a young and skilled workforce, particularly in sectors like IT, engineering, and tourism, providing a valuable resource for FDI. The availability of skilled labor enhances the attractiveness of Bhutan as an investment destination.
10. Improving Infrastructure:
Continuous investments in infrastructure enhance the ease of doing business, contributing to the overall development of the country and facilitating FDI in Bhutan.
11. Environmental Consciousness:
Bhutan's unwavering commitment to environmental conservation and sustainable practices positions it as a global leader, appealing to environmentally conscious investors looking for sustainable FDI opportunities.
12. English Speaking Workforce:
The majority of Bhutanese speak and write English proficiently, facilitating seamless communication for international businesses considering FDI in Bhutan.
13. Abundant Renewable Energy:
Bhutan, rich in hydropower resources, presents lucrative opportunities for FDI in the energy sector. It boasts the fifth-lowest electricity prices globally, providing a competitive advantage for businesses reliant on energy and attracting FDI in Bhutan.
14. Tax Holidays for Investors:
The Bhutanese government offers generous tax holidays ranging from 5 to 10 years in selected sectors and economic zones, providing additional incentives for FDI in Bhutan and creating a thriving business environment.
15. Safe Investor Haven:
Bhutan's impressive ranking as the 17th most peaceful country in the Global Peace Index 2023 underscores its status as a secure environment for businesses, providing peace of mind for investors exploring FDI opportunities in Bhutan.
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Let FDI BHUTAN, and Basnet Attorneys and Law become your support partner to establish your FDI in Bhutan