Guam Business Incorporation Questionnaire

State:
Multi-State
Control #:
US-Q1019
Format:
Word; 
Rich Text
Instant download

Description

This form addresses important considerations that may effect the legal rights and obligations of the parties during the process of incorporating a business. This questionnaire enables those seeking legal help to effectively identify and prepare their issues and problems. Thorough advance preparation enhances the attorney’s case evaluation and can significantly reduce costs associated with case preparation.



This questionnaire may also be used by an attorney as an important information gathering and issue identification tool when forming an attorney-client relationship with a new client. This form helps ensure thorough case preparation and effective evaluation of a new client’s needs. It may be used by an attorney or new client to save on attorney fees related to initial interviews.


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FAQ

You'll need your social security number, phone number, EIN, and GRT number (which is given to you upon your initial visit to the One Stop Licensing Center). You'll need to include your full name, file number, mailing address, business location address, and a description of business activity.

LICENSES - Licensing applications can be obtained from two locations, the Business license branch of the Department of Revenue & Taxation or at the One Stop Licensing Center. All licenses expire on June 30th and are renewable on June 1st to the 30th of each year.

STEPS ON HOW TO START A CORPORATION IN GUAMSTEP 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.More items...

To officially form your LLC in Guam, you will need to file Articles of Organization with the Department of Revenue and Taxation and pay the $1,000 registration fee. You can file your Articles of Organization by mail or in person. Note: All of the information on this form will become part of the public record.

To officially form your LLC in Guam, you will need to file Articles of Organization with the Department of Revenue and Taxation and pay the $1,000 registration fee. You can file your Articles of Organization by mail or in person. Note: All of the information on this form will become part of the public record.

Anyone can form a limited liability company (LLC) in the USA; you don't need to be a US citizen or a US company. Foreign citizens and foreign companies can form an LLC in the USA.

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.

The All RISE Application with Form 8821 will be available to be filed online at beginning 7 a.m. on September 1, 2021. Hard copies of the All RISE Application with Form 8821 will be available prior to September 1. DRT will advise once hard copies are available.

To form a corporation on Guam, by-laws and articles of incorporation are filed with the Guam Department of Revenue and Taxation along with a $50 filing fee. This establishes your business as a legal entity on Guam and states the name of the corporation, the purpose for which it is formed and its location.

On Guam, two or more persons may form a limited liability company by executing, acknowledging, and delivering to the Department of revenue and Taxation articles of organization for such limited liability company.

More info

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Guam Business Incorporation Questionnaire