GMC Practice Areas

Outside Counsel and Ongoing Retainer for GMC Entities

The filings that keep a GMC entity in good standing are frequent, deadline-driven and, for a Licensed Firm, doubled by regulatory returns, so the risk is not any one obligation but losing track of the calendar. A GMC entity carries a set of recurring statutory obligations from the day it is registered: corporate filings, tax returns and, for Licensed Firms, regulatory returns and event-driven notifications.

What we do

Maintain a compliance calendar built from the statutes: annual general meeting, annual return, financial statements, LLP solvency declaration, business name renewal and tax return dates.

Lodge changes of directors, secretaries, auditors and their particulars within 14 days under the Companies Act 2025, and changes in LLP partners and managers within 14 days under the LLP Act 2026.

Prepare and lodge the annual return within its statutory window and manage AGM dispensation.

File the LLP's annual declaration of solvency within 15 months of registration and every 15 months thereafter.

Track business name validity and renewal under the Business Names Registration Act 2026 and cessation notices.

For Licensed Firms, coordinate financial statements and regulatory returns under the GEN Rulebook, the annual controllers report and the required notifications.

Who engages us

International groups with a GMC subsidiary but no in-house legal presence in Bhutan. GFSO Licensed Firms that need a regulatory notifications desk alongside corporate secretarial support. LLPs and business-name registrants with rolling 14-day and 15-month obligations. Founders who want one point of contact for corporate, employment, immigration and tax queries as they arise.

Speak to a GMC lawyer

Tell us about your plans in a few lines. We reply within one to two business days, and a short first conversation usually settles the route, the timing and whether we are the right fit.

Investment enquiry formbasnet@basnetgmc.comoffice@basnetgmc.comWhatsApp +975 77 96 16 48

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