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Terms Used In 11 Guam Code Ann. § 76101

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Every person engaged in or carrying on any service business or calling, which shall include all non-professional activities engaged in for other persons for consideration, involving the rendering of a service as distinguished from the production or sale of tangible property, but not including the services rendered by an employee to his employer, shall be required annually to obtain a service license. The annual fee for a service license shall be Fifty Dollars ($50.00) except that the fee shall be Ten Dollars ($10.00) for any person who rents or leases not more than one family-residential unit.

(a) Any person who rents or leases unimproved real property to another party shall be required to obtain a service license annually. The fee for this license shall be One Hundred Dollars ($100.00).

(b) Any person who rents or leases multiple residential rental units shall be required to obtain an annual service license. The fee for this license shall be Twenty-five Dollars ($25.00), or Five Dollars ($5.00) per rental unit, whichever is greater.

(c) Any person who rents or leases commercial office units shall be required to obtain an annual service license. The fee for this license is Five Dollars ($5.00) for each commercial office unit.

COL 03072011
11 Guam Code Ann. FINANCE & TAXATION
CH. 76 SERVICE LICENSES

(d) Any person who rents or leases hotel or motel rooms shall be required to obtain an annual service license. The fee for this license is Five Dollars ($5.00) for each unit or room rented in a hotel or motel.

(e) Any person who rents or leases warehouse storage space shall be required to obtain an annual service license. The fee for this license shall be Two Hundred Dollars ($200.00).

For the purposes of this Section, person means any person, firm, partnership, association, corporation, company, syndicate, estate, trust, business trust or organization of any kind, or any branch or division thereof.

SOURCE: GC § 16200 as amended by P.L. 13-55:1, P.L. 14-42:1, P.L. 29-
002:V:I:29 (May 18, 2007).

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