finance
Bhutan Offers Zero Corporate and Capital Gains Tax Plus Fast-Track Licensing for Regulated Crypto Firms in Gelephu
Bhutan's Gelephu Mindfulness City has introduced an accelerated licensing pathway for globally regulated crypto firms. The initiative provides integrated regulatory and banking access along with 0% corporate tax and zero capital gains tax for qualifying companies. @CoinDesk reported the development on Tuesday.
May 12, 7:05 AM·1m read1 source
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Bhutan's Gelephu Mindfulness City launched an accelerated licensing pathway for globally regulated crypto firms on Tuesday. The pathway offers integrated regulatory and banking access to qualifying companies. It also provides 0% corporate tax and zero capital gains tax.
The initiative targets globally regulated crypto firms seeking to operate within the Gelephu Mindfulness City. @CoinDesk reported that the measures are designed to attract such enterprises to the special administrative region. Bhutan has positioned Gelephu Mindfulness City as a hub that blends economic development with its longstanding emphasis on mindfulness and sustainable growth.
The accelerated licensing pathway forms a central pillar of that strategy, according to the announcement. Qualifying companies can expect streamlined approval processes alongside the tax incentives. The zero capital gains tax provision applies specifically to crypto-related activities conducted through the licensed entities.
The launch reflects Bhutan's broader interest in blockchain and digital asset sectors while maintaining a regulatory framework aligned with global standards. No further details on application timelines or specific eligibility criteria were disclosed in the initial announcement.
