What are the benefits and requirements to incorporating in Gambia?

People sometimes want to register in other jurisdictions for reasons such as:

  • (1) minimum director requirements;
  • (2) favorable corporate taxes;
  • (3) employer or corporate incentives for hiring locally, among others.

The article Gambia: Gambia LLC - Corporate Environment Summary outlines the requirements of incorporating in Gambia and its desirable characteristics. The articles states that Gambia offshore can be used for holding bank accounts, promotion of international business, leasing vehicles and borrowing money. It also illustrates what is required to incorporate such as government fees and certificate of incorporations.

Certain articles within this post were linked and referenced with the permission of Mondaq.com, through our exciting content collaboration with them. To access Mondaq’s large database of articles written by top law firm lawyers from around the world, you must leave our site and create a free account on theirs.

Written by Alina.