Doing business island-style: U.S. companies take advantage of lax licensing in Guam

Doing business island-style: U.S. companies take advantage of lax licensing in Guam

BY LARA OZAKI

Journal Staff

Despite efforts by the Guam Department of Revenue and Taxation and federal contracting agencies to enforce licensing and registration of companies doing business on Guam, around 60% of off-island companies awarded federal contracts totaling more than $1 million in fiscal 2016 do not have current business licenses or contractor’s licenses on Guam.

  According to usaspending.gov, operated by the Department of Treasury’s Bureau of the Fiscal Service, 72 companies were awarded federal contracts in fiscal 2016 for work in Guam totaling more than $1 million each. Of these, 29 . . .

This content is available only to subscribers. If you are a member, please log in.


Share This Post