This article reviews the typical costs associated with the creation and ongoing maintenance of a Private Limited Liability Company (Ltd) in The Gambia for 2025. The information presented details fee structures, required payments, and common practices relevant to company formation and annual upkeep.
Company Creation Costs in The Gambia (2025)
Setting up a standard Private Limited Liability Company in The Gambia involves several administrative and legal expenses. All costs are listed in Gambian Dalasi (GMD), with the principal components summarized in the table below:
| Fee Item | Amount (GMD) |
|---|---|
| Business Registration Fee (Registrar of Companies) | GMD 500 |
| Business License Fee (Municipal Council, minimum) | GMD 5,000 |
| Stamp Duty (Articles of Association & Memorandum) | GMD 2,000 |
| Notary Fees (average) | GMD 2,000 |
| Lawyer Fees (formation, average) | GMD 1,000 |
| Total (Average) | GMD 10,500 |
These figures reflect the average costs for forming a standard company structure, as commonly reported by multiple official Gambian sources. The actual cost may differ slightly based on the specific business activity, additional legal support required, or the choice of service providers.
Annual Maintenance Costs in The Gambia (2025)
Once established, a Private Limited Liability Company is required to make several annual payments to remain compliant. The most typical ongoing costs are detailed below, including both required and optional professional services.
| Annual Fee Item | Amount (GMD) |
|---|---|
| Annual Business License Renewal (minimum) | GMD 5,000 |
| Annual Return Filing Fee | GMD 500 |
| Basic Accounting/Bookkeeping Services (average) | GMD 500 |
| Optional: Legal/Consultancy Fees (average) | GMD 2,000 |
| Optional: Tax Filing/Preparation Fees (average) | GMD 2,000 |
| Estimated Total (Minimum to Maximum) | GMD 6,000 – GMD 12,000 |
The minimum annual cost (GMD 6,000) includes only required statutory fees and basic accounting. The upper range (GMD 12,000) factors in additional recommended legal and compliance services. This is representative of operational best practice for most businesses seeking full regulatory compliance in The Gambia.
Key Sources for Business Formation and Maintenance Costs
Official data referenced in this analysis is available from the following Gambian public institutions:
Pro Tips: Managing Company Setup and Maintenance in The Gambia
- Clarify your business activity early with the relevant municipal council to avoid surprises in license fees—they can vary based on the sector.
- Consider investing in professional bookkeeping and legal services annually, as reliable records and filings can help avoid penalties and increase business efficiency.
- Schedule all annual filings well in advance; late submission can result in additional charges or compliance risks.
- When budgeting, always include optional legal and tax consultation to ensure smooth compliance, especially for businesses new to the Gambian regulatory environment.
In summary, establishing a Private Limited Liability Company in The Gambia typically requires an upfront investment of around GMD 10,500, with ongoing annual costs in the range of GMD 6,000–12,000, depending on service level and sector. While the process itself is standardized and transparent, careful planning and early engagement with compliance professionals offer significant benefits for any company looking to maintain predictable costs and avoid administrative issues year after year.