{"id":72398,"date":"2026-05-12T10:53:43","date_gmt":"2026-05-12T10:53:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bhutan-opens-accelerated-fintech-licensing-with-0-corporate-tax-and-free-banking-bitcoin-news\/"},"modified":"2026-05-12T10:53:43","modified_gmt":"2026-05-12T10:53:43","slug":"bhutan-opens-accelerated-fintech-licensing-with-0-corporate-tax-and-free-banking-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bhutan-opens-accelerated-fintech-licensing-with-0-corporate-tax-and-free-banking-bitcoin-news\/","title":{"rendered":"Bhutan Opens Accelerated Fintech Licensing With 0% Corporate Tax and Free Banking \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Gelephu Mindfulness City launched an accelerated licensing pathway on May 12, 2026, targeting firms already regulated in Singapore, ADGM, or Hong Kong.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">DK Bank guarantees corporate accounts for all GMC-licensed companies, supporting 9 currencies and BTC-backed lending from day one.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">GMC offers 0% corporate tax for qualifying firms and foreign talent tax exemptions through 2030, positioning the SAR as a regional financial hub.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>DK Bank Guarantees Accounts for Every GMC-Licensed Firm Starting May 2026<\/h2>\n<p><span style=\"font-weight:400\">The Special Administrative Region, established under a Royal Charter to serve as a platform for <a href=\"https:\/\/news.bitcoin.com\/bhutan-state-bitcoin-wallet-drops-to-3954-btc-after-latest-sale\/\">Bhutan<\/a>\u2018s economic development, is targeting globally credible financial and digital asset firms. The announcement, shared directly with <a href=\"https:\/\/news.bitcoin.com\/\">Bitcoin.com News<\/a>, says that <\/span><span style=\"font-weight:400\">under the new p<\/span>rogram, 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.<\/p>\n<p>The integrated model connects directly to DK Bank, Bhutan\u2019s state-linked financial institution, and GMC\u2019s 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: get<span style=\"font-weight:400\">ting licensed in one place, then waiting months for a bank to decide whether to take you on.<\/span><\/p>\n<p><span style=\"font-weight:400\">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 <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a>. GMC-licensed companies receive waived banking fees for at least the first six months, with discounted pricing after that.<\/span><\/p>\n<p><span style=\"font-weight:400\">\u201cIn most financial centers, getting licensed is only half the battle,\u201d said Yu Dong Zheng, CEO of DK Bank. \u201cGetting a bank account is where companies get stuck. We\u2019ve removed that bottleneck.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">GMC\u2019s tax structure adds to the appeal for firms considering international expansion. The region operates a territorial tax system aligned with Singapore and Hong Kong. Qualifying companies can access a 0% corporate tax rate depending on their level of investment. There is no capital gains tax, <\/span>dividend tax, or inheritance tax. Foreign talent tax exemptions run through 2030.<\/p>\n<p>For legal infrastructure, GMC uses common law frameworks drawn from Singapore, with regulatory principles modeled on ADGM. The region offers Variable Capital Company structures based on Singapore\u2019s VCC model and operates an International Dispute Resolution Centre for cross-border investment disputes. A double taxation agreement with Singapore is already in place.<\/p>\n<p><span style=\"font-weight:400\">Ceffu CEO Ian Loh, whose firm went through GMC\u2019s licensing process, said the approach stood out for its clarity. \u201cWhat stands out in Bhutan is the clarity of vision,\u201d Loh said. \u201cThe process has been rigorous, but equally collaborative, demonstrating that regulators and industry can work hand in hand.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">John Ge, co-founder and CEO of BIT (formerly Matrixport), said the design of the ecosystem reduces execution risk for firms entering a new market. \u201cThe accelerated review process is both fast and pragmatic, with the GFSO demonstrating a clear openness to engage constructively while upholding high standards,\u201d Ge said.<\/span><\/p>\n<p><span style=\"font-weight:400\">Jigdrel Singay, board member and digital assets and fintech lead at GMC, framed the initiative as a structural fix to a systemic problem. \u201cIf a company has already demonstrated credibility in leading jurisdictions, we recognize that and enable them to move faster,\u201d Singay said. \u201cCompanies don\u2019t just get approved. They get operational.\u201d<\/span><\/p>\n<p><span style=\"font-weight:400\">The announcement positions GMC as a direct competitor to established financial centers for digital as<\/span>set and fintech licensing, at a time when companies in those sectors are searching for jurisdictions that can offer regulatory clarity alongside working banking rails. Bhutan is also well known for being a nation that holds <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> reserves.<\/p>\n<p>Earlier this morning, onchain analysts noticed that Bhutan sent 100 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> to a new address. The country holds approximately <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/druk-holding-investments\" target=\"_blank\" rel=\"noopener noreferrer\">3119.45 BTC,<\/a> according to stats collected by Arkham Intelligence.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bhutan-opens-accelerated-fintech-licensing-with-0-corporate-tax-and-free-banking\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways 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 [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72398"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72398"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72398\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72399"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}