Corporate and Commercial Law: Legal Advisory

Basnet Law Pte. Ltd., the first incorporated law firm in GMC, advises international groups, founders and investors on the Companies Act 2025, the LLP Act 2026 and the Limited Partnerships Act 2026.

Advising on the formation of private companies limited by shares, including the constitution and the documents behind the declaration of compliance required by the Companies Act 2025.

Drafting bespoke constitutions or adapting the model constitution, including entrenchment provisions and class rights.

Meeting the resident-director requirement and advising on directors' duties.

Share capital work: no par value shares, redenomination, buybacks and treasury shares and capital reductions by solvency statement.

Inward redomiciliation of foreign corporate entities.

Advising foreign companies that establish a place of business in GMC.

International groups establishing a GMC subsidiary or holding company. Founders choosing an entity and a capital structure before a fundraise. Boards needing advice on directors' duties, conflicts and shareholder disputes. Companies redomiciling into GMC from another jurisdiction. Foreign companies opening a branch or place of business in Gelephu.

Basnet Law Pte. Ltd. is a law firm. It is not a GMCA-empanelled corporate service provider (CSP).