Who Needs a Bond in Florida for Alcohol and Tobacco Taxes?
Florida requires licenses or permits for those in the alcohol and tobacco industry and a surety bond. The bond is a guarantee that all taxes will be paid.
A separate bond must be submitted for each type of license or permit.
Bond Requirements Are As Follows:
Alcoholic Beverages -Manufacturer -Malt Beverages (Beer) $20,000
Alcoholic Beverages -Manufacturer -Wine $5,000
Alcoholic Beverages -Manufacturer -Wine & Cordials $5,000
Alcoholic Beverages -Manufacturer -Distilled Spirit (Liquor) $25,000
Alcoholic Beverages -Manufacturer -Rectify and/or Blend $25,000
Alcoholic Beverages -Distributor -Beer and/or Wine $25,000
Alcoholic Beverages -Distributor -Beer, Wine & Liquor $100,000
Alcoholic Beverages -Importer -Beer, Wine & Liquor $0-Prohibited
Alcoholic Beverages -Broker or Sales Agent -Beer, Wine & Liquor $0-Prohibited
Alcoholic Beverages -Bonded Warehouse -Beer, Wine & Liquor $5,000
Cigarettes -Distributor -Tax Paid (Only), Stamping Agent (Cash & Charge) $2,000 to Unlimited
Cigarettes -Distributing Agent -Public Warehousing $2,000 to Unlimited
Tobacco Products -Distributor -Pipe, Tobacco, Chewing Tobacco, & Snuff Bond is Unlimited amount
All licenses and permits issued must have a properly executed surety bond. If the surety bond becomes expired or cancelled, the licensee or permitee must cease all operations until a new bond is secured.
Applicants can apply for their license and permit with the Department of Business and Professional Regulation.
How Much Will This Bond Cost?
The premium that you pay for a Florida Alcohol or Tobacco Bond is dependent on credit, and the bond amount needed. For bond amounts over $50,000, personal and/or business financial statements are required.
I Need a Surety Bond
Apply Today at SuretyGroup.com:
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