Frequently Asked Questions

1.What is Corporate Service Provider (CSP)?

➢Our CSP services include company incorporation, regulatory compliance, licensing, accounting, tax filing, HR recruitment, immigration processing, and registered office solutions.

2.What is the Business Accelerator program?

➢We provide entrepreneurship training, financing facilitation (equity, debt, impact funding), business plan development, and post-investment handholding to help startups and SMEs scale.

3.Do you offer co-working space?

➢Yes, we provide fully-equipped co-working spaces and private offices in Thimphu, ideal for startups, freelancers, and remote teams looking for a professional workspace and networking environment.

4.Do you support Foreign Direct Investment (FDI) projects?

➢Absolutely. We specialize in facilitating FDI in Bhutan, from market entry advisory and company setup to cross-sector clearances, banking facilitation, and ongoing compliance.

1.What services do you offer in Gelephu?

➢In GMC, we provide corporate services (company incorporation, compliance, secretarial support) and business management services (HR, payroll, accounting, business development).

2.Can Innovest help set up a business in Gelephu Mindfulness City?

➢Yes. We assist with company registration, licensing, and all regulatory requirements specific to GMC, ensuring a smooth and compliant setup.

1.Who are your typical clients?

➢We serve a wide range of clients, including:

• Local startups and SMEs
• Foreign investors and FDI projects
• NGOs and institutions
• Entrepreneurs entering the Bhutanese market

2.How do I get started with Innovest?

➢You can contact us via phone, email, or our website to schedule a consultation. We’ll assess your needs and propose a tailored service package.

3.What makes Innovest different from other service providers?

➢We offer holistic, end-to-end solutions backed by 30+ years of combined experience in corporate, legal, financial, and business development. We blend local insight with global standards to bridge gaps for both local and foreign businesses.

1.What documents are needed for company incorporation?

➢Requirements vary based on business type and ownership. Generally, you’ll need:

• Passport/ID copies of directors/shareholders
• Proposed company name
• Business activity description
• Registered address in Bhutan

We guide you through the entire process and handle document preparation.

2.Do you provide ongoing compliance and accounting support?

➢Yes. We offer annual compliance reporting, bookkeeping, payroll management, tax filing, and corporate secretarial services to ensure your business stays in good standing.

3.Can Innovest help with immigration and work permits?

➢Yes, we assist with employment pass applications, visa extensions, and related immigration processes for foreign staff and investors.

1.What do clients say about Innovest?

➢Our clients appreciate our professionalism, initiative, and reliability. Testimonials from partners like Henry Bell (MaMa Kyi Jiang Pvt Ltd) and KESANG DO-NGAK SHEDRUP LING LTD highlight our commitment to smooth and efficient service delivery.

1.How can I contact Innovest?

• Phone: +975 17 163 475
• Email: hello@innovest.bt
• Website: www.innovest.bt
• Office: 4th Floor, Ata Khangzang Building, Chubachu, Thimphu

2.Do you collaborate with startups or partners?

➢Yes, we actively collaborate with impact-driven startups, investors, and service providers. Reach out to us at hello@innovest.bt  for partnership opportunities.