Saudi Arabia Signs Agreement with Gambia to Avoid Double ‎Taxation

Governor of the Zakat, Tax and Customs Authority Eng. Suhail Abanmi and Minister of Finance and Economic Affairs of Gambia Seedy Keita have signed an agreement between the Kingdom of Saudi Arabia and Gambia to avoid double taxation and tax evasion. The signing ceremony was held on the sidelines of the Saudi-Arab-African Economic Conference, currently held in Riyadh.

The agreement aims to enhance cooperation between the two countries in the tax field by providing exemptions to public investments in the two sides, which is envisioned to enhance trade exchange.

The deal is also part of the Kingdom of Saudi Arabia’s keenness to enhance economic relations and cooperation with Gambia at various levels, including the tax field, in a way that contributes to achieving fair taxation and equal opportunities among investors.