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Guam - Obtain Business License

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Contents

Introduction

Individuals and firms who are thinking of engaging in business in Guam must obtain a business license prior to starting their business operations.

This procedure provides you information on how you can apply for a business license in Guam.

Eligibility

There is no citizenship requirement for the application of a business license.

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Instructions

Categories of Business Licenses:

  1. Wholesale: The sale of tangible goods for resale by a licensed retailer.
  2. Retail: The sale of tangible goods to the ultimate consumer or end user.
  3. Service: Performing or providing a service for others (e.g. house rental, cleaning service, travel agency, etc.)
  4. Other: Banking, Home Industry, Hand Manufacture, Coin Vending, etc.


Firm Classification:

  1. Partnership: An association of two or more persons to carry on as co-owners of a business for profit. Guam law also allows for the formation of Limited Liability Partnerships (LLP’s). A LLP is a general partnership in which the personal liability of each partner is limited to the amount invested by that partner.
  2. Corporation: Artificial being created by law, having the rights of succession and the powers, attributes and properties expressly authorized by law or incident to its existence. Please note that all corporations must be registered with the Department of Revenue and Taxation prior to applying for a business license.
  3. Limited Liability Company (LLC): A company that is organized for the sole and specific purpose of rendering professional service and that has as its members only individuals licensed or otherwise authorized within Guam to render the same professional service as the limited liability company. Neither partners nor managers are personally responsible for the obligations of an LLC.

Required Information

You will need to provide the following information on the application form for a business license:

  • Social Security no. or passport no.
  • Legal description of business location (block, lot no., and municipality)
  • Indicate the type of firm
  • Indicate type of business activity

Procedure

  1. You may apply for a business license at the One Stop Licensing Centre located at N. Marine Drive (full address given below).
  2. The One Stop Center provides the convenience of processing most business license applications at one location within one day. Exceptions to this process are for those individuals or entities that are applying for professional services licenses in health (all disciplines), cosmetologists, contractors, Attorney, Certified Public Accountant, insurance, real estate, securities, engineers, architects, surveyors who must have their licenses approved and issued by their respective professional boards in Guam.
  3. You will need to complete an application and submit it together with the completed character questionnaire, Certificate of Transacting Business under a Fictitious Name (if applicable) and proof of registration with the Department of Revenue & Taxation.
  4. Applicable fees are made payable to the Treasurer of Guam.
  5. The license will be issued after all clearances are completed.

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Required Documents

  • Completed application
  • Character questionnaire
  • Certificate of Transacting Business under a Fictitious Name (if applicable)
  • Registration with the Dept. of Rev. &Tax

Fees

Explain the fees structure which is required for obtaining the certificate/document.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Business License Application Forms

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Most business license applications will be processed by the One Stop Center within the day. Exceptions to this process are for those individuals or entities that are applying for professional services licenses in health (all disciplines), cosmetologists, contractors, Attorney, Certified Public Accountant, insurance, real estate, securities, engineers, architects, surveyors who must have their licenses approved and issued by their respective professional boards in Guam.

Office Locations & Contacts

ONE STOP LICENSING CENTER
Government of Guam
542 N. Marine Drive, Tamuning, Guam 96913
Telephone No. (671) 646-3259
Facsimile No. (671) 649-6178

Hours of operation:
8:00am to 5:00pm
Monday to Friday (except legal holidays)

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Video

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M". 
	

Information which might help

Enter other informations which might help

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Guam Economic Development Authority

Others

More information which might help people.
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