Efforts to Advance Guam as a Business Friendly Destination Continues
Senator James C. Moylan introduced Bill 31-35, which would establish a permanent One-Stop Business License and Permit Center.
Bill 31-35 would provide the authority of the One-Stop Center at the Department of Revenue and Taxation (DRT), as they are the entity where businesses are originated, and where licenses and permits are finally issued. The legislation provides the agency ample time to engage in a memorandum of understanding with the various entities to come up with simple and efficient means of assuring their presence is available at the One-Stop. It also provides the DRT and other agencies avenues to address personnel shortages and technological concerns.
“The One-Stop Business License and Permit Center was a huge success during the Gutierrez-Bordallo administration, as it simplified the process in starting a business or sustaining one and eliminated the need for a resident to drive all over the island and go through a complicated process,” said Senator Moylan. “If we are to indeed create a business friendly environment for both local businesses and outside investors, the licensing and permit process needs to be easier,” added Senator Moylan.
Bill 31-35 does not mandate a timeline in how quickly the license or permit will be issued, as requirements and inspections vary per industry or need. If enacted as drafted, the One-Stop Business License and Permit Center would be set for an opening on April 1, 2020.