Source-cited draft: corporate income tax for Gambia (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
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Built by Michael Cutajar and the OpenAccountants team. Written from the official sources it cites.
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Every figure is drawn from this Guide and cited to its source.
Standard corporate income tax rate
27% of net taxable profitIncome and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Corporation tax computation rule
Higher of 27% of net profit, or 1% of turnover (audited accounts) / 2% of turnover (unaudited accounts)Income and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Alternative minimum tax — audited accounts
1% of annual turnoverIncome and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Alternative minimum tax — unaudited accounts
2% of annual turnoverIncome and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Tax base
Net profit per accounts adjusted for tax (non-deductibles added back, allowances deducted), or turnover where minimum tax applies ((approx — confirm))Income and Value Added Tax Act
Fringe benefits tax
27%Income and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Capital gains tax (companies / partnerships)
Higher of 25% of the gain or 10% of the considerationIncome and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Withholding tax on dividends
15%Income and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Withholding tax on interest
15% ((approx — confirm))Income and Value Added Tax Act
Withholding tax on royalties
15% ((approx — confirm))Income and Value Added Tax Act
Withholding tax on payments to resident contractors
10% (5% on public works / construction)Income and Value Added Tax Act — https://www.igrowventure.com/gambia-in-the-2025-tax-reforms/
Withholding tax on payments to non-resident contractors
15%Income and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Withholding tax on commercial rent
15%Income and Value Added Tax Act — https://www.igrowventure.com/gambia-in-the-2025-tax-reforms/
Withholding tax on residential rent
8%Income and Value Added Tax Act — https://www.igrowventure.com/gambia-in-the-2025-tax-reforms/
Corporation tax return deadline
31 March of the year following the tax yearIncome and Value Added Tax Act — https://www.gra.gm/domestic-faqs
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
Gambian companies pay corporation tax on net profits, subject to an alternative minimum tax based on turnover. Withholding taxes apply to certain payments. These figures are a draft to be confirmed by a licensed Gambian accountant.
OpenAccountants prepares, checks and files company and personal returns in the Gambia, before the deadline. Start with a free 30-minute call.
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