Title 11, Finance and Taxation

All applicants for service licenses to conduct the business of special classes provided in this Article are required to comply with all applicable laws, rules and regulations relative to general service licenses, and in addition thereto must obtain appropriate endorsements of cog…

Every person who applies for a service license of a specific class must so state in his application to the License Division, and file an application in the form required by the License Board. SOURCE: GC § 16206.

Endorsements for barber shops must be obtained by any person who operates a business, or holds himself out, for the purpose of shaving, trimming or cutting the hair or beard of any person. Such required endorsements are: (a) Health Certificate issued by the Department of Public H…

Endorsements for conducting a place of amusement must be obtained by any person who engages or operates any business which offers to the public any amusement in whatever form, except boxing and cockfighting, whether an admission fee is charged or not. Such endorsements are: (a) S…

Endorsements for tattoo artists must be obtained by any person who engages in the business of practicing any of the forms of tattoo artistry, or tattooing, or holds himself out as a tattoo artist in any way whatsoever. Such required endorsements are: (a) Health Certificate from t…

[Repealed.] SOURCE: GC § 16210. Repealed by P.L. 14-51:2. Replaced by 21 GCA Chapter 70, Contractors.

Endorsements for agents and itinerant salesmen must be obtained by any person who holds himself out as an agent for others for the sale of tangible property, whether it be retain or wholesale, or by person who sell by sample or description for delivery at a later date from a plac…

[Repealed.] SOURCE: GC § 16212; repealed by P.L. 14-51:2. Replaced by 21 GCA Chapter 70, Contractors.

[Repealed.] SOURCE: GC § 16213; repealed by P.L. 14-51:3. Replaced by 21 GCA Chapter 70, Contractors.

[Repealed.] SOURCE: GC § 16213 and §16214; both repealed by P.L. 5-131. See 22 GCA for replacement Chapter dealing with Architects, Engineers and Land Surveyors.

Endorsements for private schools must be obtained by any person who engages in the business of conducting a private school for profit for the education or training of other persons in any field or course of whatever nature; provided, however, that all public schools are specially…

The licensing and control of taxicabs shall be under the provisions of 16 GCA Chapter 11, Taxicabs. SOURCE: GC § 16217, renumbered by P.L. 3-65.

The licensing and control of Notaries Public shall be within the provisions of 5 GCA Chapter 33, Notaries Public. SOURCE: GC § 16218; renumbered by P.L. 3-65.

COL 03072011 The licensing and control of cockfighting shall be under the provisions of 22 GCA Chapter 39, Cockfighting. SOURCE: GC § 16219; renumbered by P.L. 3-65.

The licensing and control of boxing shall be under the provisions of 22 GCA Chapter 41, Boxing & Wrestling. SOURCE: GC § 16220; renumbered by P.L. 3-65.

This title shall not apply to the holder of any franchise granted pursuant to [the law governing Public Transportation Franchises] [Government Code Title XXII, Chapter IV]. SOURCE: GC § 16221, added by P.L. 4-59. Effectively repealed. See Note at the beginning of 5 GCA Division 5…

Persons subject to licensure under the Insurance Law (22 GCA Chapter 15) are exempt from this Division. SOURCE: GC § 16222 added by P.L. 4-102 (7/1/59) as §16221.

An endorsement for a Recycling Redemption Center must be obtained by any person who engages in the business of receiving recyclable products and remitting a portion of deposit fees to redeemers. Such required endorsement is subject to approval by the Guam Environmental Protection…

The listing and control of tour operators and tour guides shall be under the provisions of Title 11, Guam Code Annotated, (Chapter 76, Article 3,) Tour Operators and Tour Guides. COL 03072011 SOURCE: Added by P.L. 23-136:3.

It is unlawful for any Tour Operators, and other tourist-related businesses engaged in the sale of tour accommodations, lodging, amusements and services to: (1) fail to publish and post the highest rack/tourist rate schedule of tour attractions, lodging, amusements and services i…

The Department of Revenue and Taxation is authorized to administer the implementation of the highest rack/tourist rate schedule required to be published pursuant to this Act. SOURCE: Added by P.L. 25-109:3.

(a) The Department of Revenue and Taxation may, after proceeding in accordance with the Administrative Adjudication Act, order the suspension of the license of any tour operator and other tourist-related businesses of any such license for a period not to exceed six (6) months, fo…

As used in this Chapter: (a) Tour Operator means any person who, for compensation of any kind, engages in a business as a tour guide as defined in this Section or who employs one or more tour guides. (b) Tour Guide means any person who, for compensation of any kind, undertakes to…

In addition to paying the fee required by § 76101, all persons engaging in business as tour operators must, at the time of application or COL 03072011 renewal of licensing, submit certification of eligibility issued by the Guam Visitors Bureau that all tour guides under his or he…

(a) Any person performing services as a tour guide must produce evidence of having been certified by the Guam Visitors Bureau, as having passed the training program and examination provided for herein covering the history, culture, historic landmarks and other related information…

(a) The Guam Visitors Bureau is authorized to develop, write and administer the examination for tour guides required by § 76303 of this Article. Upon passing the examination to its satisfaction, the Guam Visitors Bureau shall certify the examinee as having completed the training …

(a) The Department of Revenue and Taxation may, after proceeding in accordance with the Administrative Adjudication Act, order the revocation of the license of any tour operator or the suspension of any such license for a period not to exceed one (1) year, for violation by the to…

The licensing and control and control of all phases of the practice of medicine or its related pursuits shall be within the provisions of 10 GCA Chapter 12, Medical Practice. SOURCE: GC § 16300.

The licensing and control of the legal profession shall be within the provisions of 7 GCA Chapters 9 and 9A. SOURCE: GC § 16301. COMMENT: 7 GCA § 9101 (P.L. 21-147:2 (Jan. 14, 1993) transferred authority over attorney admission to the Supreme Court. This authority is now containe…

[Repealed.] SOURCE: GC 16302 repealed by P.L. 5-55 (1/27/60). Replaced by 22 GCA Chapter 35, Public Accountancy.

The licensing and control of all phases of professional engineering, architecture and land surveying shall be within the provisions of 22 GCA Chapter 32, Architects, Engineers & Land Surveyors. SOURCE: GC § 16505 added by P.L. 5-131 (8/29/60). ---------- COL 03072011 ARTICLE 5 [F…

The terms used in this Article shall have the same meaning as set forth in 5 GCA §70401 [GC §47410], as it may from time to time be amended. SOURCE: GC § 16350 added by P.L. 15-40:4. Amended by P.L. 15-55:5.

Any Trader engaged solely in the Trade shall be exempt from the provisions of this Division so long as the provisions of § 76503 of this Division are complied with. SOURCE: GC § 16351 added by P.L. 15-40:4. Amended by P.L. 15-55:5.

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; an…

COL 03072011 Chapter 7 of Title 18 of the Guam Code Annotated shall not apply to any corporation holding a Trader=s Certificate. SOURCE: GC § 16353 added by P.L. 15-40. Amended by P.L. 15-55:5. Amended by P.L. 27-57:9.

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…

(a) A Foreign Sales Corporation or FSC for the purposes of this Chapter is an entity incorporated in Guam which is a FSC as defined in §922(a) of the Internal Revenue Code as the same may be amended from time to time. (b) A small FSC is a FSC which is also a small FSC as defined …

Before any person or entity may operate a FSC in Guam, a written license issued by the Director of Revenue and Taxation shall be obtained. A Guam FSC license shall be issued provided the applicant meets the following requirements: (1) It is duly incorporated under the laws of the…

The Director shall issue a Guam FSC license to the applicant provided the applicant fulfills the requirements set forth in § 78102 of this Chapter. The license issued shall be for a term expiring December 31, 2026, subject to the condition that the licensee shall pay an annual li…

So long as the business activities of the FSC are conducted solely for the purpose of earning foreign trade income as that term is defined in 12 GCA §2431(b), no business license other than the Guam FSC license shall be required with respect to earning such foreign trade income a…

So long as a licensed FSC (i) pays its annual license fee and (ii) files with the Director within ninety (90) days after the date of making its election, a true copy of its federal election of status as FSC and small FSC under §§922(a)(2) and 922(b)(1) of the Internal Revenue Cod…

COL120106 The license fee for each year or portion thereof for a Guam FSC license shall be: (a) For a FSC which is not a small FSC: (1) One Thousand Dollars ($1,000) from January 1, 1997 to December 31, 2006; (2) One Thousand Five Hundred Dollars ($1,500) from January 1, 2007 to …

This Title may be cited as the Guam Banking Code. SOURCE: GC §30000.

Bank, Commercial Bank, Savings Bank, State Bank, National Bank. As used in this Title: >Automated teller machine= (>ATM=) means a customer/bank communication terminal (>CBCT=) or other such device either manned or unmanned which may be activated through an accepted card or other …

In this Title, unless the context otherwise requires. >Action= in the sense of a judicial proceeding includes recoupment, counter-claim, set-off, suit in equity and any other proceedings in which rights are determined. >Board= when used with an initial capital letter means the Ba…

(a) All territorial banks and, to the extent applicable, all banks, shall hereafter be operated in accordance with the provisions of this Title. (b) All national banking associations authorized to transact business in this territory, to the extent that the provisions of this Act …