Service License Required

Export Trading Companies are required to obtain a Service License from the Department of revenue & Taxation in order to conduct business on Guam. The license will specify that it is a license for Export Services. Holders of these licenses are prohibited from selling the goods and services designated for export and exempted in 11 GCA §26203(k)(18), to local residents or businesses. This prohibition shall not apply to export trade services or corporate assets used in the performance of these services. The Director shall promulgate rules and regulations for the implementation of this section pursuant to the Administrative Adjudication Act.