Cost: varies, click below to choose
Bonds Express offers the NYC Employment Agency Bond with a 100% approval rate.
This bond expires every Even Year on May 1st.
- The $5,000 bond – necessary for the majority of employment agencies.
- The $10,000 bond – mandatory for modeling and theatrical agencies, as well as those recruiting domestic or household staff from outside the United States.
Model management companies with 5+ employees need a separate NY Model Management Bond ($50,000) under the Fashion Workers Act.
THIS BOND IS FOR THE CITY OF NEW YORK.
IF YOU REQUIRE THE NEW YORK STATE EMPLOYMENT AGENCY BOND, PLEASE CLICK HERE.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The New York City Employment Agency Bond holds you accountable for your business decisions.
By possessing a New York City Employment Agency Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.