Gambia
| Pros |
|---|
| Competitive corporate tax incentives for priority sectors to attract foreign investment and private capital. |
| Significant improvements in political stability and freedom of expression since the 2017 democratic transition. |
| Strategic maritime access through the Port of Banjul for reaching the broader West African market. |
| Cons |
|---|
| Persistent systemic corruption and bureaucratic hurdles in administrative processes and business registration. |
| Unreliable electricity supply and poor road networks leading to high operational costs for businesses. |
| High public debt levels and inflationary pressures impacting macroeconomic stability and purchasing power. |
Will Gambia tax what you earn?
NO. Gambia doesn't tax personal income, and doesn't reach for you when you settle. No withholding, no return, no centre-of-vital-interests test waiting to trip. Salary is a non-event here, both in the rate and in the paperwork.
Will Gambia tax what you own?
NO. Gambia doesn't tax what you hold. No capital gains, no annual wealth assessment, no inheritance regime. The value sitting in your portfolio compounds untouched, and leaves it the same way it arrived.
Is it easy to run a company in Gambia?
YES. Gambia has no corporate income tax, but treats misuse of corporate assets as a criminal offense. Even as sole shareholder, using company funds for personal purposes can trigger prosecution; your own consent doesn't waive the offense. Registries are non-public, so at least your name stays off the public web. Fiscal calm, legal discipline.
Is Gambia good for your holding company?
NO. Gambia doesn't carry a treaty network, which makes it unsuitable as a holding jurisdiction. Any dividend flowing in or out faces full statutory withholding, and no domestic participation exemption can compensate for missing relief on the source side.
| Country | Status | Dividends | Interest | Royalties |
|---|---|---|---|---|
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| ∅ // no treaties match | ||||
What does it cost to come and go from Gambia?
SOME. Gambia taxes worldwide income while you're resident, but there's no exit tax on the way out. The cost of leaving is mostly paperwork: unrealised gains follow you to the next jurisdiction untouched.
Will Gambia protect your privacy?
YES. Gambia has joined almost none of the major automatic-exchange frameworks (CRS, FATCA, CARF, MLI, MAAC), and its corporate registries are non-public. Account flows stay out of foreign hands; ownership stays out of public ones. Discretion is built into the system.
Is Gambia itself a liability?
SOMEWHAT. Gambia is flagged by one or two national tax authorities and sits outside FATF membership. Selective friction: anti-abuse rules trigger on transactions in specific corridors, and counterparties tend to ask more questions.
Will you feel free in Gambia?
PARTLY. Gambia scores in the middle band of the RSF press-freedom index (rank #58): civil society operates but the boundaries are real. Crypto sits in the standard regulated tier.
Other jurisdictions worth comparing
Picked by similarity of strategic profile to Gambia. No editorial ranking — neighbours in the same scoring space.