Georgia Non-Resident Subcontractor Sales and Use Tax Bond

The Georgia Non-resident Subcontractor Sales and Use Tax Bond is required by the Georgia Department of Revenue. Surety1 has great rates on these bonds no matter your personal credit! Apply here for a free quote on the cost to obtain this bond!

The 2017 Georgia Code GA Code 48-8-63 defines a nonresident subcontractor as a person who does not have a bonafide place of business in Georgia through the maintaining of a permanent domicile or business facility engaged in contracting real property work and who contracts with a prime or general contractor to perform all or any part of the contract of the prime contractor .

If a subcontractor’s contracts with a prime contractor on any given project amount to $250,000 or more, the prime contractor must withhold 2 percent (2%) of the payments to satisfy any sales or use tax owed to the state of Georgia.

What is the purpose of a Georgia Non-resident Subcontractor Sales and Use Tax Bond?

Now, if the non-resident subcontractor provides the commissioner a Georgia Non-resident Subcontractor Sales and Use Tax Bond, the general or prime contractor will not be allowed to withhold any sums due to the non-resident subcontractor with respect to sales and use taxes. This surety bond serves as an assurance to the state that the subcontractor will pay the taxes when due.

How much is the amount for a Georgia Non-resident Subcontractor Sales and Use Tax Bond?

There is no specific amount set for the bond as it will be determined by the commissioner. The Georgia Code does state that the bond must not be less than $5,000 nor more than $50,000. Please check with the commissioner if you are unsure what amount your bond needs to be.

Where can I get a Georgia Non-resident Subcontractor Sales and Use Tax Bond?

Surety1 can provide you with a Georgia Non-resident Subcontractor Sales and Use Tax Bond, all we need is a completed application form.

Once you submit this application, one of our licensed agents will contact you with a no-obligation quote for how much your bond costs. If you choose to proceed with the quote, we will have you remit payment and sign any necessary documents. Your bond will then be shipped via USPS Priority Mail (overnight shipping options are also available for a small fee).

Surety1 has been issuing surety bonds since 2003, and maintains an A+ rating from the Better Business Bureau for its quality service from its dedicated agents.