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New York Employment Agency Bond is required by the Industrial Commissioner of the State of New York. The bond states that the bondholder will comply with Article 11, Chapter 25, of the Laws of 1909, entitled “An Act relating to General Business, constituting Chapter 20 of the Consolidated Laws.” Applicants that are in the business of recruitment of domestic or household employees from outside the United States or conduct modeling/theatrical agency must submit a $10,000 surety bond. All other agencies must submit a $5,000 bond.
What are the requirements that need to be submitted in order to establish an employment agency in New York?
An employment agency is any entity that charges a fee for the placement of a candidate in employment with a third-party employer. But if you are a temporary employment agency, a theatrical personal manager or certain executive search firm and employer-paid agencies, you do not need a license.
The requirements that need to be submitted are as follows;
- Basic License Application
- Business Certificate
- Employment Agency Self-Certification
- Fingerprints and $87 for the processing fee
- Copy of Fee Paid Letters, if applicable
- Granting Authority to Act Affirmation, if applicable
- Payment of the license fee
Where can I get a New York Employment Agency Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.
How to Get Your Employment Agency Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.