Bhutan Retail Trade Regulation, 2006.

The Bhutan Retail Trade Regulation, 2006 is a part of the reform process in the Trading regime and an effort towards the creation of a stable and predictable policy environment in the Trading sector. The purpose of the Bhutan Retail Trade Regulation, 2006 is to provide a simple licensing system and to streamline the Retail Trade and keep the sector in tune with international norms and best practices.
All Bhutanese citizens having attained the age of 18 years shall be eligible to engage in retail business. A company incorporated under the provisions of the Companies Act of the kingdom of Bhutan, 2000 is also eligible to engage in retail business. The retailer shall be allowed to trade in all goods except for those in the negative list of products. For trade in goods in the negative list, separate permit/approval from the relevant authorities shall be obtained in accordance with the rules in vogue.
The retailer shall set up business only after obtaining a license from the Ministry.
The Regulation further makes provisions, inter alia, for: licensing procedure, rights and obligations of retailers, penalties.