Foreign Investment

An investor entering the Gelephu Mindfulness City is dealing with a new jurisdiction: its own Charter, its own Acts, a received body of common law, incentive windows that close at the end of 2030 and a set of bodies, EDG, GCRO and GFSO, that each own a piece of the process. Basnet Law Pte. Ltd. is the first incorporated law firm in GMC.

Market-entry structuring: a subsidiary under the Companies Act 2025, a registered foreign company, a redomiciled company or, for financial firms, a Representative Office under the GEN Rulebook 2026.

Coordinating with the Economic Development Group (EDG), described by the Gelephu Mindfulness City Authority as a one-stop shop for land identification, lease guidance, incorporation, regulatory clearances and government coordination.

Tax incentive applications: the founders company exemption and the strategic and development company rate of not less than 5% under the Income Tax Act 2025, both with approval windows closing 31 December 2030.

Financial services entry, including the Regulator's approach to Non-GMC Firms under the Financial Services Act 2025 and the exclusion for Non-GMC Persons.

Work passes for expatriate management under the Employment of Foreign Workforce Act 2025 and the resident-director requirement in the Companies Act 2025.

Repatriation planning: withholding on interest, royalties and management fees, and relief under double taxation arrangements.

Multinationals establishing a regional or holding presence. Investors in the eight priority industries listed by the Gelephu Mindfulness City Authority. Financial institutions and digital asset firms seeking a licensed base. Family offices and entrepreneurs relocating capital and people.