Banking and Corporate Accounts: Legal Advisory

A licence without a bank account is not an operating business. GMC has addressed the problem that defeats many offshore setups by integrating banking into the establishment process: incorporated and licensed companies access corporate accounts through DK Bank, the city’s official banking partner. Account opening still requires complete and accurate KYC, beneficial ownership documentation, and source-of-funds evidence, which is where legal preparation prevents delay.

Account opening documentation: corporate records, beneficial ownership, and source-of-funds packages

Advice on aligning banking with incorporation and licensing timelines

Advice on cross-border payment flows between GMC, mainland Bhutan, and foreign accounts

Resolution of compliance queries raised during onboarding

We advise multinational enterprises, investment funds, family offices, financial institutions, digital asset businesses, and high-growth ventures seeking banking access in Gelephu Mindfulness City.