Company registration in the Gambia

Interested in registering small and medium-sized businesses in the African market? Why not establish a company in Gambia and open an account with a Gambian bank, then?

Being a small African country with an English-speaking population, Gambia is a member of the African Union, Non-aligned Movement, ECOWAS, OIC, Basin Development Organization of Gambia and many other international organizations.

Opening a business in Gambia

Registering a firm in Gambia in 2025 has a number of distinct advantages. Some of them include:

• a stably developing economy;
• investor-friendly legislation;
• cheap labour;
• existence of FEZs;
• flexible taxation system;
• DTA agreements with European countries;
• simple procedure for registering a business in Gambia.

In what industries is it profitable to open a business in Gambia?

Those who plan to set up a company in Gambia remotely should consider doing this in the following industries:

• Food;
• Textile;
• IT;
• Banking and Insurance;
• Real estate;
• Wood processing;
• Tourism*.

* Gambia is currently looking for investors who could help it develop its hotel and marketing infrastructure.

* Gambia’s Tourism Organization intends to bring the country’s tourism and business centers at par with international standards.

Please, keep in mind that launching an IT project in Gambia requires getting a license.

Establishment of a company in Gambia: legal forms

You can register a company in the Republic of Gambia as:

1. Public/Private LC.
2. Unlimited Liability Company (UC).
3. Limited Warranty Company (LBG Company).
4. Individual Entrepreneur.
5. Partnership (LP/GP).
6. You can also register a branch (B) in Gambia.

Registering a business in Gambia: terms and conditions

Registering a company in Gambia requires compliance with the following requirements:

1. A unique name.
2. No less than one director and shareholder (for individuals/companies).
3. An authorized capital starting from $1.
4. A Gambia-registered office and auditor.
5. A notarized company charter.
6. Paying a stamp duty and profit tax.
7. Getting a TIN.
8. Registering with the Commercial Registry in Banjul.
9. Obtaining a business license in Gambia.

If you want to invest in Gambian strategic infrastructure, you should keep in mind this:

• The smallest amount of investment for access to preferential terms is $100,000.
• Investments should be made outside the Free Zones and in one of the priority sectors mentioned above.

• As part of the strategy to develop the country’s export potential, the Investment Promotion Agency is developing Business Parks in selected areas to assist investors in carrying out business activities there.
• Transactions in FEZ must be made in a foreign currency.

A taxation system

Those considering establishing a company in Gambia will be required to pay the following taxes:

• Basic income tax of 27%;
• Minimum alternative tax of 1% for audited and 2% for closed accounts;
• Sales tax of 15%;
• VAT of 30%.

You can open a corporate account in Gambia with:

• Standard Chartered Bank;
• Skye Bank Gambia Ltd;
• GT Bank, Zentralbank von Gambia;
• Zenith Bank;
• Arab Gambian Islamic Bank;
• BSIC Bank;
• Access Bank;
• Ecobank;
• Guaranty Trust Bank.

The national currency is Dalasi.

How to open a company in Gambia?

Opening a company in Gambia is easy if you entrust it to YB Case. Our experts can provide you with qualified advice on how to open an account with a Gambian bank and assist in obtaining a business license in Gambia. With us, registering a Gambian company will take no more than 2 or 3 weeks.