"Gelephu Mindfulness City launched an accelerated licensing pathway on May 12, 2026, targeting firms already regulated in Singapore, ADGM, or Hong Kong. DK Bank guarantees corporate accounts for all GMC-licensed companies, supporting 9 currencies and BTC-backed lending from day one. GMC offers 0% corporate tax for qualifying firms and foreign talent tax exemptions through 2030, positioning the SAR as a regional financial hub."
"Under the new program, qualifying companies move through incorporation, regulatory review, and bank account opening as a single coordinated process rather than sequential steps that can stretch across months. The integrated model connects directly to DK Bank, Bhutan's state-linked financial institution, and GMC's official banking partner. Every company that earns a GMC license receives a corporate account with DK Bank as part of the process."
"That removes what regulators and founders commonly describe as the most stubborn friction point in setting up operations in a new jurisdiction: getting licensed in one place, then waiting months for a bank to decide whether to take you on. DK Bank supports multi-currency accounts across nine currencies, including USD, GBP, EUR, AUD, JPY, SGD, INR, HKD, and BTN. The bank also offers BTC-backed lending, digital asset swap capabilities, and integrated on- and off-ramps between fiat and crypto."
"In most financial centers, getting licensed is only half the battle, said Yu Dong Zheng, CEO of DK Bank. Getting a bank account is where companies get stuck. We've removed that bottleneck. GMC's tax structure adds to the appeal for firms considerin"
Gelephu Mindfulness City launched an accelerated licensing pathway on May 12, 2026 for firms already regulated in Singapore, ADGM, or Hong Kong. DK Bank guarantees corporate accounts for all GMC-licensed companies, with support for nine currencies and BTC-backed lending from day one. GMC provides 0% corporate tax for qualifying firms and foreign talent tax exemptions through 2030, aiming to position the SAR as a regional financial hub. The Special Administrative Region was established under a Royal Charter to support Bhutan’s economic development and to attract globally credible financial and digital asset firms. Qualifying companies move through incorporation, regulatory review, and bank account opening as a single coordinated process linked directly to DK Bank, rather than sequential steps that can take months. Banking fees are waived for at least six months, with discounted pricing afterward.
#accelerated-licensing #corporate-banking #digital-assets-and-btc-lending #tax-incentives #multi-currency-accounts
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