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Dealers’ General Licence (Revised February 12, 2025)

#TaxationSimplified

Dealers’ General Licence (Revised February 12, 2025)

February 15, 2022
3
  • Guyana Revenue Authority

This week’s #TaxationSimplified provides guidance on the procedure to be followed by Auto Dealers seeking to obtain a licence in order to successfully drive vehicles without having to pay the tax and register them.

What is the Dealers’ General Licence?
The Dealers’ General Licence is a licence issued by GRA to auto dealers allowing the use of four trade plates on vehicles that are in their possession temporarily, to drive or move them without the application of tax and registration.

How can I obtain a Dealers’ General Licence?

New Dealers General Licence.

Persons desirous of acquiring the licence must submit the following documents to the GRA:

  • Application Form for a Dealer’s General Licence.
  • Letter to the Commissioner General requesting to be registered as an Auto Dealer.
  • Copy of a Valid form of Identification (Guyana ID Card, Passport or Guyana Plastic Drivers Licence).
  • Business Registration or Companies Act.
  • Police Clearance for all Applicants.
  • Applicants must be Tax Compliant.
  • Proof of Source of Funding.
  • Copy of Title or Transport.
  • Copy of Tenancy Agreement – ( if property is rented).

Renewal Dealers General Licence

The following documents must be submitted to the GRA:

  • Application Form
  • Copy of a Valid form of Identification (Guyana ID Card, Passport or Guyana Plastic Drivers Licence).
  • Updated Business Registration or Companies Act.
  • Copy of Dealers Licence- ( Last Year Renewed).

Note:  Holders of Dealers’ General Licence are obligated to be registered with the Financial Intelligence Unit (FIU) and required to visit FIU’s website https://fiu.gov.gy/ or alternatively, the office located at Lot 49 Main and Urquhart Streets, Georgetown (Ministry of Finance) compound to complete your registration. This is in keeping with the provisions of the AML/CFT Act of 2009 and its Amendments.

Licence Cost:
  • The annual fee for a Dealers’ General Licence is One Hundred and Fifty Thousand Guyana Dollars (G$150,000.00) – four (4) trade plates
  • Fifteen Thousand Guyana Dollars (G$15,000) – each trade plate

Does my application for a Dealers’ General Licence guarantee acquisition of the Licence?
No! Applicants are first required to pay the quarterly advanced tax and file the necessary Tax Returns in accordance with Section 60 of the Income Tax Act, Cap. 81:01, and pay all taxes due on those returns before the licence can be granted.

What is the validity period for the Dealers’ General Licence?
Upon issuance, the licence will be valid for one year, commencing January 1 and ending December 31.

NOTE! This document is not a substitute for the law. The law shall prevail in case of any inadvertent conflict.

Need more information on Dealers’ General Licence? You can refer to Policy – Dealers’ General Licence (Revised – Jan2022) – https://www.gra.gov.gy/policy-dealers-general-licence/ Or Motor Vehicle & Road Traffic Act: https://www.gra.gov.gy/motor-vehicle-and-road-traffic-amendment-of-first-schedule-regulation-2020-no-3-subsidiary-legislation/

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