Gambia vs Bahamas — Tax System Comparison
⚖️ 🇬🇲 Gambia vs 🇧🇸 Bahamas
|
🇬🇲 Gambia |
🇧🇸 Bahamas |
| Tax System |
Worldwide
|
No Income Tax
|
| Tax Authority |
Gambia Revenue Authority |
Department of Inland Revenue |
| Authority Website |
— |
Visit |
| Data Year |
2025 |
2025 |
📊 AT A GLANCE
| Metric |
🇬🇲 Gambia |
🇧🇸 Bahamas |
| Top Personal Income Tax |
25.00%
|
0.00%
|
| Effective Top PIT Rate |
25.00%
|
0.00%
|
| Corporate Tax Rate |
27.00%
|
0.00%
|
| VAT / GST |
15.00% (VAT)
|
10.00% (VAT)
|
| Tax System |
Worldwide |
No Income Tax |
| Tax Treaties |
5 |
0 |
💰 INCOME TAX RATES
| Rate | Gambia | Bahamas |
|---|
| Top PIT Rate |
25.00%
|
0.00%
|
| Effective Top PIT |
25.00%
|
0.00%
|
| Capital Gains Tax |
—
|
—
|
| CG Notes |
— |
No capital gains tax. |
| SS Employee |
— |
4.65% |
| SS Employer |
— |
6.65% |
🏦 WITHHOLDING RATES
| Type | Gambia | Bahamas |
|---|
| Dividend WHT |
—
|
0.00%
|
| Interest WHT |
—
|
0.00%
|
| Royalty WHT |
—
|
0.00%
|
📋 OTHER TAXES
| Tax | Gambia | Bahamas |
|---|
| Corporate Tax |
27.00%
|
0.00%
|
| Inheritance Tax |
—
|
—
|
| Wealth Tax |
—
|
—
|
🔧 TAX FEATURES
| Feature | Gambia | Bahamas |
|---|
| Personal Income Tax | Yes | No |
| Capital Gains Tax | Yes | No |
| Corporate Tax | Yes | No |
| VAT / GST | Yes | Yes |
| Wealth Tax | No | No |
| Inheritance Tax | No | No |
| Exit Tax | No | No |
| CFC Rules | No | No |
| Digital Services Tax | No | No |
| Crypto-Specific Rules | No | No |
| Participation Exemption | No | No |
| Territorial Exemption | No | No |
🌟 SPECIAL REGIMES
| Regime | Gambia | Bahamas |
|---|
| Digital Nomad Tax Regime |
No |
No |
| Non-Dom Regime |
No |
No |
📅 RESIDENCY & FILING
| Detail | Gambia | Bahamas |
|---|
| Residency Threshold |
183 days |
— |
| Residency Rules |
Resident if present 183+ days in a calendar year. |
No income tax so residency has limited tax implications. Permanent residence available via investment. |
| Filing Deadline |
— |
— |
| Auto Extension |
No |
No |
| Filing Notes |
— |
No income tax filing. VAT returns due quarterly. Business license fees apply based on turnover. |