Trader’s Certificate Requirements; Issuance

A corporation engaged solely in Trade, upon providing satisfactory evidence to the Director of Revenue & Taxation that: (a) it is properly incorporated either in Guam or some other jurisdiction of the United States; (b) it has appointed a resident agent for service of process; and (c) as far as its activities in Guam are concerned, it intends to engage solely in Trade; shall be issued a certificate by the Director indicating that it is authorized to carry on Trade and that all other provisions of the Business License Law are inapplicable to it. Said certificate shall be known as the Trader’s Certificate. SOURCE: GC § 16352 added by P.L. 15-40. Amended by P.L. 15-55:5.