Last update 17.3.2022
To access our Terms of Service, please visit https://gbo-licensing.com/terms-of-service/.
Who We Are, and How Can You Contact Us?
GBO Licensing (hereinafter: “GBO Licensing”, “We”, “Our”, “Us”) is a service provider company. We offer B2B assistance to the clients in setting up and operating international businesses, online business, eCommerce, and more.
We provide assistance to our clients and Users with external processes such as company formation and opening bank accounts, locating company nominee services, and also payment services (hereinafter: “Services”). Be known that Our Services are not available for binary options industries. We are not a bank and/or a payment provider.
GBO Licensing is a Data Collector, and in this role, We determine the methods of data collection, how it is used, processed, shared and protected.
Our Registered Office Address
Our Registered Office is located at: 65 Yigal Alon Street, Tel Aviv, Israel. Zip: 6744316.
If You need further clarifications on how your data is processed, or want to exercise your data subject right, please write to us at: [email protected]
Alternatively, you can also Contact Us at our global HQ in Tel Aviv, Israel, at the below postal address and telephone numbers.
GDPR Compliance Manager
65 Yigal Alon Street, Tel Aviv, 6744316, Israel.
Companies and Websites within Scope
Collection of Personal Data
Your personal data is collected by Us for one or more of the below-mentioned purposes:
To provide You with the requested information, or to provide you with information that We think would be relevant or of interest to you.
To initiate and complete commercial transactions with You, or the entity represented by You, for the purchase of Services.
To fulfill a contract that We have entered into with You or the entity represented by You.
To ensure the security and safe operation of Our Websites and their underlying business infrastructure.
To manage communications between You and GBO Licensing.
The table below provides you with more details related to the data that We collect about You for each of the above purposes. The descriptive table also provides information about the lawful basis of doing so, and the period for which each type of data is retained by Us.
Lawful Basis for the Processing of Personal Data
The table below provides details about the various forms of personal data that We collect, and also the lawful basis for processing this data. We have implemented processes to ensure that only the authorized employees and people have access to your information on the need to know basis. We collect a variety of data elements for many reasons and purposes. Some of Your data may be shared with third parties, and the circumstances in which this is done are also described.
We do not collect any Special Categories of Personal Data which is defined as any data that falls in the below categories:
Personal data revealing racial or ethnic origin
Religious or political beliefs
Health and health history
Membership of trade unions
Biometric or genetic data
Criminal convictions and offences
The Services are not intended for use by the individuals below 18 years of age. We do not knowingly collect or solicit personal information from the Users or persons below 18 years of age. GBO Licensing does not knowingly allow persons under 18 years of age to register for our Services.
You can ask Us to stop sending you marketing messages or make changes to your email and other contact preferences by:
Following the opt-out links provided on the marketing messages
|Purpose of Collection||Information Category||Data Collected||Purpose of Collection||Lawful Basis of Data Processing||To Whom Data is Shared With||Retention Period|
|1. To provide You with information||Subject matter information||Personal name, business name, email ID, geographic location, business sector||To provide You with appropriate online or email information about products and Services requested by You||Contractual fulfilment||Internally only||For a maximum period of 08 years from the date the data is collected. 6 months in case a marketing email is not opened|
|To provide You with related online or email information, and also the news updates on an ongoing basis for the areas you might find interesting||Legitimate interest||Internally only|
|Telephone Number||To provide You with appropriate telephone information about the products and Services requested, for the purpose of follow-ups, and also to ensure that the requested information meets and identifies further requirements||Contractual fulfilment and legitimate interest||Internally only|
|Personal contact information as provided through Website forms, or at the trade shows and other PR events||General mailing list subscription||Consent||Internally only|
|2. Transactional information||Transaction details||Personal name, name of the business, physical address, bank account and credit card details, ID number of certifications, and all other personal details and personal data that is required to fulfill Our contractual agreements.||To process Our Services as mentioned in the contractual agreement between Us.||Contractual performance||Internally only||For a maximum period of 08 years from the date of the performance of the contract|
|For the purpose of accounting and taxation||Statutory obligation||Internally and other third parties as mentioned in the contract between Us.||6 months from the date the data subject has input personal information but has not proceeded with a transaction|
|Documentation for the purpose of a contractual or legal claim||Legitimate interest||Internally and other third parties as mentioned in the contract between Us||7 years of VAT records from the performance of the contract|
|3. Security||Security information||Any technical information as described above, and also any other information that may be required for this purpose||For the purpose of protecting our Website and infrastructure from cyber-attacks and other threats, and also for reporting and dealing with any illegal acts||Legitimate interest||For internal use, by forensic and other organizations with whom We might contract for this purpose||Relevant statutes of limitation|
|4. Communications||Contract information||Personal name, business name, identification details, and contact details||For the purpose of communicating with You about any issues that You may raise with Us, or which follows from an interaction between Us||Legitimate interest||For internal use, and whenever required, with professional advisors||Relevant statutes of limitation|
Storage of Personal Data
GBO Licensing is an Israel-domiciled organization whose primary offices are located in Israel.
The majority of the company’s websites and applications are hosted in Israel or in the European Union (EU).
Our accounting and marketing systems, and customer relationship management (CRM) are located in Israel.
Cloud Service Providers (CSPs) are used for our processing environment. Unless stated otherwise, we are Data Controller for all these CSPs.
All CSPs used for processing are located in Israel unless stated otherwise.
Data Retention policy is followed by us for all types of data, be it digital data or paper-based data. Data Retention specifications and policies have been mentioned in the above table.
We have put robust and appropriate measures to ensure the security of your personal data. Risk assessment, including the risks associated with the rights and freedoms of data subjects, is at the core of our Information Security Management System (ISMS). The access to your personal data is limited to the staff on the need-to-know basis. All our staff accessing or processing your personal data are bound by the Contractual Duty of Confidentiality.
Please be aware that GBO Licensing has no control over what happens between your device and the boundary of our information infrastructure. Many information security risks exist in the periphery, and you are advised to take appropriate measures to safeguard the security of your data. GBO Licensing assumes no responsibility in respect of breaches that occur beyond our sphere of control.
We have established and implemented procedures to deal with any actual or suspected breach of Personal Data. If any such breach is observed by us, we are obliged to inform you and the appropriate supervisory authority within 72 hours of discovering such a breach.
Your Rights Related to Your Personal Data
As a data subject whose personal information is held by Us, You have certain rights. If You wish to exercise any of these rights, You can contact Us using the contact details provided above. You may be asked to provide Us two valid identifications for verification purposes. If you are within the European Union (EU), you have the following rights:
The right of access: You may ask Us to provide You with a free copy of the personal data that We hold about You. Once your identity is verified, and if relevant, the authority of any third-party requestor, You will be provided access to the personal data We hold about You related to the below:
The purpose of processing
The categories of the personal data being processed
The recipients to whom Your personal data has been disclosed
The retention period or envisioned retention period of your personal data
The source of personal data when it has been collected from a third party
Due to regulatory or legal issues, or in some exceptional circumstances, You may be denied access to the requested information. If this is the case, You will be explained the reason thereof. If requests are found to be frivolous or vexatious, We reserve the right to refuse You access to your personal data held by Us. In case additional time or expenses are required to provide you with the required personal information, You will be informed about it promptly.
The right to rectification: If You believe that information that We hold about You is inaccurate or incomplete, You may exercise Your right to correct or complete that data. This right may be used with the right to restrict the processing your personal data. You may also request Us to delete Your personal data, including any personal data that may have been unlawfully processed. All appropriate steps will be taken for erasure upon your request.
The right to restrict processing: You may ask Us to stop the processing of Your personal data. We may still hold Your personal data but will no longer process it. This right is an alternative to the right to erasure that You can exercise. You may exercise Your right to restrict the processing of Your personal data in the following conditions:
The accuracy of your personal data is contested
Your personal data is processed unlawfully
Your personal data is no longer required for processing but it required as part of a legal process
You have exercised Your right to object and the processing is restricted pending a decision on the status of the processing
The right to data portability: You may request Us to transfer Your personal data to another controller or processor, to be provided in a commonly used and machine-readable format. You can exercise this right only if the original processing was done on the basis of consent, the processing is done by automated means, or it is based on the fulfillment of a contractual obligation.
The right to object: You can exercise this right and object to the processing of Your personal data in the below cases:
Processing is based on legitimate interest
Processing is for the purpose of direct marketing
Processing is required for scientific or historic research
Processing involves automated decision-making and profiling
Withdraw consent: This right exists where We are relying on consent to process Your personal data. If you decide to withdraw your consent, You may not be able to gain access to certain specific functionalities of our Website and Services. You will be advised of the impact and implications in case You decide to withdraw Your consent.
GBO Licensing may also collect, use and share “Aggregated Data” that may include demographic or statistical data. Aggregate Data may be derived from your personal data, but once in aggregated form, the data will no longer be regarded as Personal Data for the purpose of GDPR (General Data Protection Regulation) as the data no longer reveals Your identity, directly or indirectly. However, if your Personal Data is combined with Aggregate Data in a way that your identity may be revealed directly or indirectly, Your data will be treated as Personal Data, and treated in accordance with this Privacy & Cookies Policy.
Changes to this Policy
Your complaints will be responded to as soon as We can.
If You are unsatisfied about Your handling of personal data by Us, or You have any complaints relating to Your handling of personal data by Us, You are entitled to escalate Your complaint to an appropriate supervisory authority within the European Union (EU).