Gambia Limited Liability Company (LLC) Formation
|Formation Package||1st Year||USD 899||2nd Year||USD 799|
- Registered Address and Agent
- Company Secretarial Maintenance
- Government fees
- Certificate of Incorporation
- Memorandum & Articles of Association
- Appointment of First Directors
- Consent Actions of the Board of Directors
- Share Certificates
- Register of Directors and Members
- Company Seal
|Nominee and Management Services||USD|
|Physical Person Director||700|
|Professional Management Services||2500|
|Physical Person Shareholder||400|
|Corporate Documents – Legalized|
|Corporate Set of Documents||300|
|Special Power of Attorney||300|
|Certificate of Good Standing||300|
|Certificate of Incumbency||400|
|Hermes Bank||St. Lucia||399|
|Bank of Cyprus||Cyprus||399|
|Loyal Bank||St. Vincent||399|
Gambia is the one of the most popular offshore jurisdiction in Africa, with favourable business regulations, a prosperous economy and stable political situation.
Gambia IBC (GBC2), is a limited liability company which conducts its trading and business outside the Gambia and is intended for offshore activities. It takes up to 2 days to incorporate a company in the Gambia.
The Directors of the company may be of any nationality and may reside anywhere. At least one director is required and there is no requirement to appoint a local resident director.
The Shareholders of the company may be of any nationality and may reside anywhere. At least one shareholder is required, this can be the same person as the director. There is no upper limit to the number of shareholders and a shareholder can be a person or a corporation
The standard share capital of a Gambia IBC is $50,000 USD. However, only one share of the share capital must be issued and paid up. Your company’s share capital can be issued in any currency.
Company Secretary / Registered Office / Registered Agent
The company must have a registered agent and registered office in the Gambia. There is no requirement for local secretary.
The details of shareholders and directors do not appear on public record.
The company must maintain accounting records, however it does not have to keep records in the Gambia and there is no requirement to file accounts or a financial statement or having audited accounts and neither to file a corporate tax return.
Corporation and other taxes
There are no corporate taxes for a Gambia IBC (GBC2), except for annual government levy of US$150 for standard share capital.
Why use a Gambia Company.
The modern offshore legislation provides maximum flexibility in global asset protection and privacy protection.
Gambia offshore companies are commonly used for
- Holder of bank accounts, fixed deposits, investment plans and any other financial or commercial title;
- Owner of the shares of other companies or legal entities;
- Owner of real estate and any other movable or immovable property or goods;
- Manager and promoter of international business transactions;
- International leasing of aircraft, vehicles, machinery and others;
- Borrowing or lending money, paying or receiving commissions, royalties or others;
- Marketing and promotion of products and services;
- Other commercial and financial activities.