A Nonresident Contractor's Tax Bond is required to operate legally in a state in which the contractor does not maintain a place of business. This bond ensures that the contractor pays taxes, including sales and use taxes, state income taxes, income taxes, corporation franchise taxes, unemployment insurance taxes to the state or sales and use taxes or occupational taxes to local municipalities.
States That May Require A Surety Bond:
States such as Delaware, Iowa, Nebraska, Connecticut, Wyoming, Louisiana, Kansas, Oklahoma, Massachusetts, and Georgia, as well as a few cities and counties may have a license or registration and bond requirement for nonresident (or non-resident) contractors.
A contractor is defined as someone who is in the business or trade of constructing, altering, repairing or improving real property and includes, but not limited to:
How Much Will This Bond Cost?
The premium that you pay for a Nonresident Contractors Tax Bond is dependent on credit and the bond amount required. Bond amounts will vary by state and other related conditions (such as the number of employees, total annual sales, etc). Our rates start at 1% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote.
Related Links:Oklahoma Nonresident Contractor Bond
Kansas Non-Resident Contractor's Bond
Delaware Non-Resident Contractor Bond
Iowa Out-of-State Contractor Bond
Georgia Nonresident Contractor Sales and Use Tax Bond
West Virginia Nonresident Contractor Bond
Connecticut Nonresident Contractor Bond
Non-Resident City of Sulpher Oregon Bond
Download an Application for a NonResident Contractor's Tax Bond
More Surety Bond Questions?
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application