Doing Business with Gambia

A comprehensive guide to doing business, exporting, investing, and manufacturing in Gambia.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Gambia Investment and Export Promotion Agency

Tel: +220 4 377 377
Email: info@giepa.gm
Website: www.giepa.gm

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Gambia Revenue Authority (GRA)

Tel: +220 422 3131
Email: info@gra.gm
Web: www.gra.gm

National Chamber of Commerce

Gambia Chamber of Commerce and Industry - GCCI

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Ministry of Finance and Economic Affairs, Gambia

  • Type of Government: Presidential republic
  • Population: Approximately 2.6 million
  • GDP: Around $2 billion USD
  • Corporate Tax Rate: 31%
  • Personal Income Tax Rate: Up to 35%
  • Major Exports: Groundnuts, fish, cotton
  • Major Imports: Foodstuffs, machinery, fuel

 

Exporting to The Gambia involves several steps. Here’s a comprehensive guide:

  1. Research Market Requirements

    • Understand The Gambia’s import regulations and standards for your product.
    • Check for any product-specific certifications needed.
  2. Find Local Partners

    • Establish relationships with local distributors or agents in The Gambia.
  3. Prepare Export Documentation

    • Include commercial invoices, packing lists, and certificates of origin.
    • Ensure compliance with Gambian labeling and packaging requirements.
  4. Arrange Logistics and Shipping

    • Choose a reliable shipping company experienced with exports to Africa.
    • Ensure accurate completion of shipping documents, such as bills of lading.
  5. Customs Clearance

    • Work with a customs broker to facilitate the clearance process.
    • Pay any necessary duties and taxes.
  6. Understand Duties and Taxes

    • Familiarize yourself with The Gambia’s duties and taxes applicable to your goods.
  7. Distribution and Sales

    • Establish distribution channels within The Gambia.
    • Consider partnerships with local businesses for effective market penetration.

Key Contacts

Importing goods into The Gambia involves several key steps. Here’s a detailed guide:

  1. Verify Import Regulations

    • Ensure your goods comply with The Gambia’s import regulations.
    • Check if your products require special permits or certifications.
  2. Classify Your Goods

    • Determine the correct tariff classification for your products.
  3. Obtain an Import License

    • Apply for any necessary import licenses or permits.
  4. Prepare Import Documentation

    • Necessary documents include commercial invoices, bills of lading, and certificates of origin.
  5. Arrange Shipping and Logistics

    • Choose a reliable logistics provider experienced with imports to The Gambia.
    • Ensure proper packaging and labeling of goods.
  6. Customs Declaration

    • Submit a customs declaration through Gambian customs.
    • Pay any applicable duties and taxes.
  7. Customs Clearance

    • Work with a customs broker to facilitate clearance if needed.
    • Ensure compliance with all import requirements.
  8. Receive Goods

    • Coordinate with your logistics provider to receive and inspect goods upon arrival.

Key Contacts

Incorporating a company in The Gambia involves several steps. Here’s a comprehensive guide:

  1. Choose a Company Structure

    • Decide on the type of company (e.g., Limited Liability Company, Partnership).
  2. Reserve a Company Name

    • Ensure the name is unique and compliant with Gambian naming regulations.
    • Verify availability with the relevant authorities.
  3. Prepare Incorporation Documents

    • Draft the Memorandum and Articles of Association.
    • Prepare shareholder agreements if applicable.
  4. Register the Company

    • Submit the registration application to the Gambia Business Registration Agency (GBRA).
    • Include necessary documents and fees.
  5. Obtain a Tax Identification Number

    • Register for taxes with the Gambia Revenue Authority.
  6. Register for Social Security

    • Enroll employees in the Social Security and Housing Finance Corporation.
  7. Obtain Necessary Licenses

    • Apply for any industry-specific licenses or permits as required.

Costs

  • Registration Fees: Vary based on company type and capital.
  • Additional Fees: May include publication and licensing fees.

Key Contacts

Setting up a manufacturing plant in The Gambia involves several key steps. Here’s a detailed guide:

  1. Conduct Market Research

    • Analyze local demand and industry trends.
    • Evaluate competitors and supply chain logistics.
  2. Choose a Suitable Location

    • Identify industrial zones with necessary infrastructure.
    • Contact local municipalities for available sites.
  3. Understand Legal Requirements

    • Familiarize yourself with Gambian regulations, including environmental and safety standards.
  4. Develop a Business Plan

    • Prepare a detailed proposal outlining your investment, objectives, and operations.
    • Include financial projections and environmental impact assessments.
  5. Register the Business

    • Register your company with the Gambia Business Registration Agency (GBRA).
    • Obtain necessary licenses and permits for manufacturing.
  6. Secure Financing

    • Explore funding options through banks or investment agencies.
    • Consider government incentives for manufacturing.
  7. Design and Construct the Facility

    • Hire architects and contractors familiar with local regulations.
    • Ensure compliance with building codes and safety standards.
  8. Install Equipment and Machinery

    • Import necessary machinery, ensuring compliance with local regulations.
    • Coordinate with customs for smooth importation.
  9. Obtain Necessary Permits and Licenses

    • Apply for industry-specific licenses and permits.
    • Ensure compliance with health and safety regulations.
  10. Recruit and Train Staff

    • Hire local talent and provide necessary training.
    • Work with employment agencies for assistance.
  11. Begin Operations

    • Ensure all systems are in place and test the production line.
    • Implement quality control measures.

Key Contacts

  • Gambia Business Registration Agency (GBRA)
  • Gambia Investment & Export Promotion Agency (GIEPA)

Registering a trademark in The Gambia involves several steps. Here’s a comprehensive guide:

  1. Conduct a Trademark Search

    • Ensure your trademark is unique and not already registered.
    • Use resources available at the Gambia Intellectual Property Office.
  2. Prepare Your Application

    • Include necessary details such as the trademark design, classification of goods/services, and applicant information.
  3. Submit Your Application

    • File the application with the Gambia Intellectual Property Office.
  4. Pay the Application Fee

    • Fees vary based on the classes and services; confirm with the relevant office.
  5. Examination Process

    • The office reviews the application for compliance and potential conflicts.
    • Respond promptly to any objections or additional information requests.
  6. Publication and Opposition

    • If approved, the trademark is published for opposition. There is a period for third parties to challenge the registration.
  7. Registration and Certification

    • If no oppositions arise, the trademark is registered. You will receive a certificate of registration.
  8. Maintain and Renew the Trademark

    • Trademarks are valid for a specific period and can be renewed. Submit renewal applications before expiry to maintain protection.

Costs

  • Application Fees: Vary based on the number of classes and the office’s fee structure.

Key Contacts

  • Gambia Intellectual Property Office
    • Contact information can be found through the Gambia Ministry of Justice.
  • Gambia Investment & Export Promotion Agency (GIEPA)

Resolving commercial disputes in The Gambia involves several key steps. Here’s a guide on the process:

  1. Attempt Negotiation

    • Begin by negotiating directly with the other party to find an amicable solution.
  2. Mediation

    • Engage a mediator to facilitate discussions.
    • Mediation is often quicker and less formal than court proceedings.
  3. Arbitration

    • Consider arbitration for a private and binding resolution.
    • Provides a structured approach with enforceable decisions.
  4. Seek Legal Advice

    • Consult with a lawyer specializing in commercial law for guidance on your case.
  5. File a Lawsuit

    • If other methods fail, file a lawsuit in the appropriate commercial court.
    • Prepare necessary documentation and evidence.
  6. Court Proceedings

    • Attend hearings and present your case.
    • Follow the legal procedures as guided by your attorney.
  7. Judgment and Enforcement

    • If a judgment is made, ensure its enforcement through legal channels.

Costs

  • Mediation and Arbitration Fees: Vary depending on the service provider.
  • Court Filing Fees: Depend on the jurisdiction and case type; consult local courts.
  • Legal Fees: Vary based on the lawyer and complexity of the case.

Key Contacts

  • Gambia Ministry of Justice
  • Gambia Bar Association
    • Contact information available through the Ministry of Justice website.

When considering doing business in The Gambia, it’s important to understand various influential factors. Here’s an overview:

Social and Cultural Factors

  • Language and Communication
    • English is the official language; proficiency is important in business.
    • Building relationships and understanding cultural norms are crucial.
  • Business Etiquette
    • Punctuality and formal greetings are valued.
    • Establishing trust and personal connections is important.

Political Environment

  • Government Structure
    • The Gambia is a presidential republic.
    • The political environment is generally stable, with ongoing efforts to improve governance.
  • Regulatory Environment
    • Regulations are evolving, with emphasis on attracting foreign investment.

Economic and Foreign Exchange Factors

  • Currency
    • The official currency is the Gambian dalasi (GMD).
    • Exchange rates can fluctuate, so monitoring is important.
  • Investment Climate
    • Opportunities in agriculture, tourism, and energy sectors.
    • Government incentives for foreign investors, particularly in infrastructure and renewable energy.

Rule of Law

  • Legal System
    • Based on English common law.
    • Protection of property rights and contracts is generally reliable.
  • Intellectual Property
    • IP laws are in place, but enforcement can be challenging.

Infrastructure

  • Transportation and Logistics
    • Developing infrastructure with investments in roads and ports.
    • Internet and telecommunications are improving.

Relevant URLs

  • Gambia Investment & Export Promotion Agency (GIEPA)
  • Gambia Ministry of Finance and Economic Affairs

Our Members Include Leading Organizations in Gambia

Ask our Experts on Doing Business in/with Gambia

If you’re looking to do business or invest in Gambia, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.