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INTRODUCTION |
Guam is located in the North Pacific Ocean between Hawaii and the Philippines. The population is approximately 160,000. Guam became a territory of the United States in 1944.
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LAW AND TAXATION |
The island of Guam is an incorporated area of the United States with effective self-government. There are no annual taxes or annual document requirements.
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CORPORATE REQUIREMENTS SUMMARY |
- There must be three Directors and Shareholders
- President or Secretary must be a Guam resident
- Corporations are required to maintain a registered agent for service of process
- There are no stock requirements and the jurisdiction does not base fees on capital
- There are no Annual Reports to file, however, the business license must be renewed yearly through the government of Guam
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**CSC does not provide legal or financial advice** |