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Know the Law: Vehicle Ownership Transfer As per the Road Safety and Transport Regulations 2021, it is mandatory to transfer vehicle ownership within 15 days of sale. Key Points: 1. Ownership Transfer Deadline: o The seller must apply for ownership transfer within 15 days of the sale to ensure the vehicle is legally transferred in the name of the buyer. 2. Transfer Tax: o A 1% transfer tax applies, calculated on the current market value or initial purchase price (after depreciation). o Depreciati
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The Bhutan Chamber of Commerce and Industry (BCCI) is set to host the highly anticipated "Bhutan Thematic Mega Expo 2023." This exciting event, supported by the Transitional Trade Support Facility Program (TSF), is scheduled to take place from 22nd to 26th June 2023 at the Changlimithang Parking Space in Thimphu. The expo aims to provide a platform for businesses to showcase their products and services across a wide range of thematic sectors, fostering networking opportunities and boosting the c
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