The Hawaii Activity Desk Surety Bond is required by the Hawaii Department of Commerce and Consumer Affairs.
“Activity desk” is a company (can be a sole proprietor or or other legal entity) which acts
an intermediary to sell activities which are furnished by an activity provider. An activity provider is any company, incorporated or not, which provides specialized air, land, or sea tour excursions and activities. Obviously this does not include commercial airplane tickets.
If you engage in the business of selling or advertising to sell travel services, you will require a separate Travel Agency registration. This is also obtained from the Department of Commerce and Consumer Affairs.
What Amount Activity Desk Surety Bond Do I Need?
The bond must be in an amount equal to the average monthly net sales revenues of the activity desk. The minimum bond amount is $50,000 and the maximum bond amount is $250,000. The bond amount must always be between $50,000 and $250,000, even if the average monthly net sales revenues are less than $50,000 or more than $250,000.
If an activity desk has been operating for less than twelve months, compute the average monthly net sales based on the months in operation. Under this formula, the activity desk surety bond minimum is $75,000 vs $50,000.
If an activity desk has more than one branch desk location, the bond will cover all locations. The bond amount will be based on the total net sales of all branch locations.
The cost of the bond varies depending on the size and credit of the applicant. Financial disclosure may be required for larger bonds. Surety1 represents over a dozen markets to get you the bond at the lowest possible cost. We also offer an easy to use online application and fast, friendly service. First time applicants are welcome to apply. Bad credit programs are also available.