Deadline: July 30
H1 Reporting Deadline: July 30
The H1 Half-Yearly Report covers petroleum operations from January to June and must be submitted to the Local Content Secretariat by July 30 each year.
What Is the H1 Half-Yearly Report?
The H1 Half-Yearly Report covers petroleum operations from January 1 to June 30 and must be submitted to the Local Content Secretariat by July 30 of each year. Required under Guyana's Local Content Act 2021, it captures expenditure, employment, and capacity development data for the first half of the calendar year. Every contractor, subcontractor, and licensee engaged in petroleum operations must file this report.
Reporting Period & Deadline
Period Start
January 1
Period End
June 30
Due Date
July 30
What Data Is Required?
Expenditure Data
Total spend broken down by local vs. foreign procurement for goods and services during the January–June period.
Employment Figures
Headcount of Guyanese nationals vs. expatriates at each job level—management, technical, skilled, and unskilled.
Capacity Development
Training programmes, scholarships, technology transfer initiatives, and associated expenditures for the half-year period.
Comparative Analysis Narrative
A written explanation of variances between your Annual Local Content Plan projections and actual H1 performance.
Penalties for Late or Non-Filing
Under Section 41 of the Local Content Act, failure to submit the H1 report by July 30 can result in:
- Fines ranging from GY$1 million to GY$50 million per offence
- Suspension or removal from the Local Content Register
- Delays to contract approvals and bid evaluations
- Criminal prosecution for false or misleading submissions
Step-by-Step Filing Checklist
Confirm your company is registered on the Local Content Register
Collect expenditure records for January 1–June 30
Compile employment data by nationality and job classification
Document capacity development activities and costs
Prepare the Comparative Analysis Narrative
Validate all figures against your Annual Local Content Plan
Submit the report to the Local Content Secretariat by July 30
Retain copies of the submission and any acknowledgement receipts
How We Help You Meet the H1 Deadline
LCA Desk automates H1 report preparation by pulling your expenditure, employment, and capacity development data into the required format. Built-in validation catches errors before submission, and deadline reminders ensure you never miss July 30.
Stabroek Advisory's managed service goes further. Our compliance team collects your source data, prepares the report, drafts the Comparative Analysis Narrative, and handles the submission to the Secretariat on your behalf. You review and approve\u2014we do everything else.
Don't risk missing the July 30 deadline
Let our team handle your H1 report from data collection to submission. Book a consultation and we'll assess your filing readiness within 24 hours.