Bhutan Micro Trade Regulation, 2006.

The purpose of Bhutan Micro Trade Regulation, 2006 is to institute a simple registration system. The policy is envisaged to give an impetus to the growth of trading activities in the country and ensure the creation of self employment.
Micro trader shall mean a person who engages in trading with annual turnover of less than Nu. 1 million and classified under the micro scale category. The Micro Scale Category of the Trade Sector has been De-licensed to offer unrestricted opportunities to engage in trading activities as a livelihood and to promote entrepreneurship.
All Bhutanese citizens having attained the age of 18 years shall be eligible to register as a Micro Trader. A trader shall be entitled to only one Registration Certificate within the Kingdom. The Certificate is non transferable both in terms of ownership and location. The trader shall not be eligible to register as an import house in accordance with the Rules and Procedures for imports from third countries.
The Regulation further makes provisions, inter alia, for: the procedures, rights and obligations of registration, penalties.