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Compliance Guide

Understanding the Local Content Act

The Local Content Act 2021 requires oil and gas companies operating in Guyana to prioritise Guyanese businesses and workers. Understanding this law is your first step to participating in the oil economy.

Processing Time
Ongoing process
Estimated Cost
Free

Step-by-Step Guide

1
Read the Local Content Act

Download and review the Local Content Act 2021 from the Local Content Secretariat website. Pay particular attention to the sections relevant to your sector.

2
Identify your sector category

Determine which category of goods or services your business falls under within the Local Content Act framework.

3
Understand the requirements

Learn what percentage of local content is required in your category and what documentation oil companies need from local suppliers.

4
Assess your current readiness

Evaluate how your business currently measures against the requirements and identify gaps you need to address.

5
Contact the Local Content Secretariat

Reach out to the Local Content Secretariat for guidance specific to your business and sector.

Documents Required

Business Registration Certificate
TIN Certificate
Company profile

Official Links

Local Content Secretariat
Visit →

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