Gambia - PricingGambia - Pricing
With the introduction of value-added tax (VAT) in The Gambia in January 2013, all prices are inclusive of VAT. The VAT on imported goods in The Gambia is 15 percent. Qualifying investors may be exempted from VAT and other taxes if they meet conditions established by GIEPA. In general, prices of all published goods include all applicable taxes. Goods imported from the U.S. face stiff competition from merchandise coming from Asian markets such as China, India, and Dubai. Given low incomes and correspondingly tight budgets for many businesses and consumers, and the fact that access to credit is limited, affordability is the main consideration when determining pricing.