Country pack
communityThe Gambia
Ekwo is free, open source accounting software. Its Gambia pack carries the chart of accounts (The Gambia reference chart of accounts, 141 accounts), 2 tax rates in GMD, the periodic return (Monthly Value Added Tax return, 11 boxes), and the financial statements (Statement of financial position, Statement of profit or loss). Last checked on 2026-10-19 against 4 texts of law and official sources.
- Country code
GM- Currency
GMD- Pack version
0.2.0- Last checked
- 2026-10-19
What the pack carries
- Charts of accountsWhat a company installs, and who each chart is published for.
default(default) — 141 accounts, for companies
- TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.
- 6 taxes at rates of 0, 15
domestic,exempt,export,import - Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.
GM-VAT-RETURN— 11 boxes, filed month
- When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.
- day 15 of the month after the period
- The file it is deposited asThe brick of packages/formats that writes it, where one exists.
- filed by hand on the administration’s portal
- Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.
- no profile — no obligation in law
No Gambian text this pack could open obliges a business to exchange a structured electronic invoice: the GRA brochure speaks only of VAT-inclusive invoices and receipts (§ 7), and the Authority's online-services page names no e-invoicing or clearance system. `profile`, `party_scheme` and `vat_scheme` are null and `obligation` is `none`. The absence of a source is not proof that none exists; it is recorded in this pack's README.
- Where the tax balance landsThe accounts a filed declaration settles to, by role.
- payable
2110 - receivable
1155
- payable
- Bank statementsThe formats this country’s banks send, and whether anything here reads them.
- no format named
- Payment filesThe formats the country’s banks accept for an outgoing payment.
- no format named
- Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.
GM-IFRS-SFP— 32 linesGM-IFRS-IS— 10 lines
- Who has read itA pack is reviewed when a named professional has read it against the law, and never before.
communityno named reviewer4 sources cited- Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.
- 2026-10-19
- Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.
0.2.0— published 2026-10-23en
Free, and operated
Where the open core stops.
The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.
GM-VAT-RETURNdeclarationFree, for everComputed from the ledger, frozen box by box, filed by hand on the administration’s portal, and what it owes is carried to 2110. The deposit number and the administration’s own words come back into your own database.
OperatedTransmission: the credentials, the certificate and a channel somebody keeps running. The return stays yours.
What it was built from
4 sources — the law this pack was read against
- Value Added Tax Brochure — what VAT is; the standard rate of 15 % and the zero rate on exports (§ 2); how VAT is calculated on a VAT-inclusive price (§ 4); the exempted supplies (§ 6); compulsory registration from D2,000,000 of taxable supplies in a tax year and voluntary registration from D1,000,000 (§ 7); de-registration (§ 9); monthly filing and payment on the 15th of the following month and import VAT payable before release (§ 10); refunds (§ 12). It states that it is not an exhaustive replacement of the VAT laws.
Gambia Revenue Authority · guidance · read 2026-10-19
- Domestic Taxes FAQs, VAT section — standard rate 15 %, zero rate on exports of goods and services, thresholds of D2,000,000 (compulsory) and D1,000,000 (voluntary) of taxable supplies in a tax year, monthly return due 15 days after the month end, filing at the nearest Domestic Taxes Department office, payment at a DTD office or a partner bank, input VAT credit and refunds
Gambia Revenue Authority · guidance · read 2026-10-19
- GRA Online Services — the Authority's page for its electronic services; it links the tax calculators and the Domestic Taxes Department, and does not itself name a VAT return filing function
Gambia Revenue Authority · portal · read 2026-10-19
- Use of IFRS Standards by jurisdiction — The Gambia: IFRS Standards required for commercial banks and permitted for all other companies; IFRS for SMEs not adopted but SMEs are permitted to use it; the Companies Act 1955 does not specify the accounting standards; the Gambia Institute of Chartered Accountants and the Financial Reporting Oversight Board established by a 2013 Act (profile last updated 16 June 2016)
IFRS Foundation · guidance · read 2026-10-19
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