Guam Sample Letter for Information regarding Corporation
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FAQ
In order to establish a business entity on Guam, you must obtain a business license prior to starting business operations. Business entities other than sole proprietorships must also register the type of entity they will be operating under.
You are not required to incorporate in the state where your business operates; you have the freedom to choose from any one of the 50 states or the District of Columbia. The key thing to know is that you must be registered to do business in the state where your business is located.
STEPS ON HOW TO START A CORPORATION IN GUAM STEP 1: CHOOSING A NAME. ... STEP 2: DIRECTORS, SHAREHOLDERS, AND OFFICERS. ... STEP 3: FILING YOUR ARTICLES. ... STEP 4: ORGANIZATION AND BYLAWS. ... STEP 5: GET A GUAM GENERAL BUSINESS LICENSE. ... STEP 6: GUAM MANAGING AGENT / GUAM REGISTERED AGENT. ... STEP 7: BUSINESS PRIVILEGE TAX REQUIREMENTS.
Ready to Start a Business in Guam? Pick a Business Structure. Name Your Business. File Formation Paperwork. Draft Internal Records. Get Guam Business Licenses. Get Business Insurance. File the Guam Sworn Annual Report. Build Your Business Website.
Guam LLC Cost. The main cost of starting a Guam LLC is the $250 fee to register with the Department of Revenue and Taxation. You'll also have a yearly fee of $100 to file your Guam Sworn Annual Report, which keeps your business up-to-date and legally authorized to do business in Guam.
