RI employee leasing bonds.
$1,500 flat. Five minutes.

A Rhode Island employee leasing company (PEO) run as an individual or sole proprietor files a $50,000 bond with the Division of Taxation under R.I. Gen. Laws § 44-30-71.4. Ours is $1,500 flat — 3% of the bond amount, the same for every PEO. The application is five minutes.

Required for a RI employee leasing company (PEO) registering with the Division of Taxation
Fixed amount, fixed price — $50,000 bond, $1,500, no quote process
Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Employee-leasing bonds are simple license bonds. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. No financials and no credit check section on this bond.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this often issue right after purchase — at most 1–2 business days.

SAME DAY

File with the Division of Taxation

Your executed bond arrives by email, ready to file with your PEO registration. Wet-ink original mailed on request.

The whole pricing page.

$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,500
2-year term
$3,000
3-year term
$4,500
About this bond

What it is and who needs it.

What the bond actually guarantees

A Rhode Island employee leasing company — a professional employer organization (PEO) — leases its workforce to client businesses and is responsible for the taxes, wages, and benefits of those covered employees. The bond is the same $50,000 figure whether the PEO is a corporation, LLC, partnership, or sole proprietor — only your entity type on the form changes.

Under R.I. Gen. Laws § 44-30-71.4, a PEO maintains a $50,000 surety bond securing payment of taxes, wages, benefits, and other entitlements due with respect to covered employees. The obligee is the State of Rhode Island, acting through the Division of Taxation.

It is not insurance for you — if the surety pays the state, you repay the surety. The statute also allows the bond requirement to be waived after the PEO has been registered and in good standing for at least two years, so ask the Division whether you still need it.

R.I. Gen. Laws § 44-30-71.4R.I. Gen. Laws § 44-30-71.4 requires a Rhode Island employee leasing company (PEO) to maintain a surety bond of at least $50,000 with the Division of Taxation, securing payment of taxes, wages, benefits, and other entitlements due to or with respect to covered employees. The requirement may be waived once the PEO has been registered and certified for at least two years. Confirm your current requirement with the Division of Taxation.

You need this bond if you're

A sole proprietor registering as a RI PEO for the first time
Renewing your PEO registration before the two-year waiver applies
Re-entering after a lapse that reset your registration clock
Expanding into Rhode Island from another state as an employee leasing company

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Rhode Island employee leasing bond? +
The premium is $1,500 — a flat 3% of the $50,000 bond amount, the same for every PEO. The $50,000 is set by statute, so there is no quote process.
Why is there a separate individual version? +
The bond amount and price are identical across entity types — the individual, corporation, LLC, and partnership forms differ only in how the principal is named. Pick the one that matches how your PEO is organized.
Can the bond be waived? +
Yes. Under § 44-30-71.4 the bond requirement may be waived once the PEO has been registered and certified by the Division of Taxation for at least two years. Confirm your status with the Division before buying.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don't need one.
When does it renew? +
You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your PEO registration never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your PEO registration today.

$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$1,500
Apply now →