Monday, April 17, 2023

Setting Up A Company in The Gambia

Setting Up A Company in The Gambia

Whether you wish to start a business or buy an investment property, doing so using a company may be the best way forward.

Which type of company should you use? The options will be different from what you are used to. What are the tax consequences and costs involved?

Let us explain the process and help you set up the company or companies in The Gambia that you require. Our team of Gambian business lawyers discuss the issues concerning Setting Up and Registering a Company in Gambia, West Africa

Thursday, March 9, 2023

Setting up a business or company in Gambia

Setting up a business or company in Gambia

The Gambian Constitution guarantees the right of private ownership. Under the Company Act of 1955, there are no restrictions on the minimum or maximum share capital of a business venture, nor is there any compulsory requirement for equity participation by Gambian nationals in foreign-owned enterprises, except as described in Paragraph 10 in relation to privatization programs. Businesses may be wholly owned by foreigners or jointly owned with participation by local investors. Organizational forms include:
  • limited liability companies;
  • unlimited companies;
  • guarantee companies;
  • partnerships;
  • co-operatives;
  • institutions established by act of the National Assembly (e.g., parastatals);
  • branches of foreign businesses; and
  • sole proprietorship.
In those sectors where private businesses are in competition with public enterprises, there is no undue discrimination with regard to access to markets, credit, and other business facilities, such as licenses and supplies.

Setting up a business or company in Gambia

Saturday, February 11, 2023

Getting Married in The Gambia

Getting Married in The Gambia

Marriage in Gambia is regulated by either customary, Shari'a (Muslim), or general law.

Customary law is reserved for all non-Muslims and covers inheritance, land tenure, tribal and clan leadership, as well as other relationships.

Shari'a law is primarily for Muslims and covers marriage and divorce.

General law is based on British law.#

Getting Married in The Gambia