The Maryland Wine Surety Bond is required by the Comptroller of Maryland, Revenue Administration Division. The amount of the surety bond is $1,000. 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. In addition, they shall truly pay all alcoholic beverage taxes as they become due.
What is the purpose of a Maryland Wine Surety Bond?
This surety bond is a requirement pursuant to Section 13-1825, Tax-General Article of the Annotated Code of Maryland. All who wish to engage in the business of selling wine within the State of Maryland must be bonded.
The Wine Bond is an agreement between the principal (the individual or business), the obligee (the state), and the surety company. The Surety Company needs to be licensed to operate in the state of Maryland. Surety1 has been licensed in all 50 states since 2003.
We have access to the best surety markets available, so we will be able to get you bonded quickly at a competitive price.
How do I get a bond?
You only want the best company to help you with your Maryland Wine bond. You’ll find that Surety Solutions, Inc. (Surety1) is definitely one of the best in the business. We maintain a A+ rating from the Better Business Bureau for out outstanding customer service.
To obtain the bond, start by completing our free, easy to navigate, online application form. It will only take a few minutes to complete. Next, one of our surety agents will contact you with a firm quote on the bond premium. After that, make payment on the bond premium and sign the agreement. Your surety bond will soon arrive through USPS Priority Mail. If you are in a hurry, we can send your Maryland Wine Surety Bond overnight, for an additional cost.