Tika R. Basnet

Tika R. Basnet is a Bhutanese lawyer based in Thimphu, Bhutan, specializing in foreign direct investment (FDI), corporate law, intellectual property (IP), technology law, and data privacy regulations. As a founder and principal attorney at Basnet Attorneys and Law(Bhutan), he brings extensive expertise in legal representation, business consulting, and regulatory compliance, guiding both domestic and multinational corporations (MNCs) through Bhutan’s complex legal landscape. His firm has successfully advised global law firms, investors, and businesses from over 30 countries on critical legal matters, including corporate restructuring, Bhutan market entry, licensing, and investment in technology-driven sectors such as cloud computing, artificial intelligence, cryptocurrencies, and fintech.

With a strong foundation in Bhutanese law and bar certification from the Bar Council of Bhutan, Basnet’s legal practice is built on a deep understanding of corporate governance, investment regulations, and financial laws. His firm provides comprehensive legal counsel across a broad spectrum of industries, including banking, cryptocurrency, and emerging technologies. His expertise extends to cross-border transactions, business negotiations, and policy research, ensuring that corporate clients operate within Bhutan’s legal framework while aligning with international best practices.

His international legal experience includes an internship at White & Case LLP in Washington, DC, where he conducted research on ransomware threats, data privacy laws, and cybersecurity regulations. Drawing from this global exposure, Basnet offers clients strategic insights that bridge international legal standards with Bhutan’s unique regulatory environment. His role as a Bhutan legal expert for international firms has positioned him as a trusted advisor for corporations seeking to navigate Bhutan’s investment and compliance landscape.

Basnet’s work has been acknowledged by His Majesty the King of Bhutan, Her Highness Princess Sonam Dechan Wangchuck, and the National Council of Bhutan. As an authority in law, technology, and sustainable development, he has published several research papers, including Hinduism and the Caste System in Bhutan, Tourism and Cultural Heritage in Bhutan, and ICT, Law, and Sustainable and Equitable Socio-Economic Development in Bhutan.

Basnet previously founded Nubyul Law with two other partners and was heavily involved in litigations (court representations), business consulting and Foreign Direct Investment (FDI) consulting with countless businesses and MNCs (some working in more than 50 countries) and various well established international law firms. Basnet has also given special technology legal consultations to international firms. Over a year he has served in various capacities as Bhutan expert in legal fields.

Other services he provided include:

• Conducted legal due diligence for high-value mergers and acquisitions in the energy and agriculture sectors for two MNCs on Bhutan.
• Advised on regulatory compliance and strategic considerations for cryptocurrency transactions and blockchain-based businesses in Bhutan.
• Provided legal guidance on licensing requirements for emerging technologies, including AI, fintech, and virtual asset services in Bhutan.
• Assisted multinational corporations with cross-border contract negotiations and dispute resolution in Bhutan.
• Facilitated the establishment of foreign direct investments (FDIs) and corporate structuring for international businesses in Bhutan.
• Provided counsel on data privacy and regulatory inquiries involving law enforcement and global digital platforms in Bhutan.
• Reviewed contracts for international technology and telecommunications companies entering new markets in Bhutan.
• Assisted with corporate incorporation and compliance for businesses across various industries in Bhutan.

Beyond legal practice, Basnet is also an entrepreneur and digital strategist. He is the founder of Weblaya Digital® (https://weblaya.com), a digital solutions company, and The Global Law Lists.org™ (https://globallawlists.org), a global legal directory platform. These ventures reflect his commitment to integrating technology with law and business, creating innovative solutions for legal professionals and businesses worldwide.

At Basnet Attorneys and Law, the focus is on delivering pragmatic, results-driven legal solutions. The firm’s approach combines rigorous legal analysis with a deep understanding of Bhutan’s business environment, ensuring clients receive high-caliber, strategic counsel.

For legal inquiries related to foreign investment, corporate structuring, regulatory compliance, intellectual property protection, and technology law, Basnet Attorneys and Law offers specialized legal solutions unique to each corporate needs.

For consultations, visit https://basnetl.com or contact [email protected].