There are many offshore jurisdictions’, and The Gambia is fast becoming one of the most popular due to its tax efficient regulations, flexible corporate structures and accessibility to multiple banking jurisdictions.

What is a The Gambia GBC2

International Business Companies are The Gambia registered companies that trade from a different jurisdiction and can be considered as Offshore.

 The Gambia GBC2 Structure

Limited Liability IBC’s are incorporated as private Limited Companies with a minimum of one director and one shareholder. Directors and shareholders may be an individual or a corporate entity.

The IBC is required to file abbreviated accounts annually and has the option to pre pay any tax liability in advance at a reduced rate.

The company must maintain its registered office in The Gambia but may trade from any jurisdiction in the world.

All details of the company are maintained on The Gambia registry confidentially.

The Gambia GBC2 Benefits

1. Fastest Incorporation of IBC worldwide: in just 5 minutes
2. Fastest delivery of corporate documents: immediately available
3. E-Apostille: Complete corporate document apostille available within 5 minutes of incorporation
4. Easy Administration: all documents and management functions
5. Nil Tax on foreign income : and exempt from withholding taxes
6. High level of Privacy : closed registry of shareholders, directors and Assets
7. International banking: The Gambia is not on the OECD or FATF blacklists and its accounts filing requirements make The Gambia IBC jurisdiction acceptable to many offshore and onshore banking institutions.

Requirements

• At least 1 director can be Corporate
• At Least 1 shareholder
• A Registered Office in the Enterprise Zone in The Gambia
• Can only do business in the Enterprise Zone or outside The Gambia