The Maryland Wine Bond is required by the Comptroller of Maryland, Revenue Administration Division. The amount of the surety bond is $1,000.
This surety bond is a requirement that needs to be met pursuant to Section 13-1825, Tax-General Article of the Annotated Code of Maryland for all who wish to engage in the business of selling wine within the State of Maryland.
This surety bond is an agreement between the principal (the individual or business), the obligee (the state), and the surety company, who needs to be licensed to operate in the state of Maryland. Surety1 is licensed in all 50 states, since 2003.
The bond states that the bondholder shall promptly file tax returns and reports with the Comptroller of the State of Maryland as required by law, and shall truly pay all alcoholic beverage taxes as they become due.
Surety1 has access to the best surety markets available, so we will be able to get you bonded quickly at a competitive price.
You only want the best company to help you with your Maryland Wine bond, and you’ll find that Surety Solutions, Inc. (Surety1) is definitely one of the best in the business, as evidenced by our A+ rating from the Better Business Bureau.
To obtain the bond, simply fill out our free, easy to navigate, online application. It will only take a few minutes to complete. Then within 1 business day, one of our surety agents will contact you with a firm quote on the bond premium. The next step is to simply pay the bond premium and sign the agreement. Your surety bond will soon arrive through USPS Priority Mail, or if you are in a hurry, you may opt for overnight delivery for an additional cost.