Rhode Island employee leasing bonds, LLC.
$500 flat.
A Rhode Island employee leasing company (PEO) organized as an LLC files a $50,000 bond with the Division of Taxation under R.I. Gen. Laws § 44-30-71.4. Ours is $500 flat — the same for every PEO. The bond issues the moment you pay — no credit check.
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How much does a Rhode Island employee leasing bond cost?
$500 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
Employee-leasing bonds are simple license bonds. Here's the entire process:
Apply online
Business details and an effective date. No financials, and no credit check.
Pay & e-sign
Fixed-amount license bonds like this often issue right after purchase.
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.
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.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
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.
What sets the price
The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Rhode Island bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your PEO registration today.
$500 flat, no credit check, bond often issued in the same sitting. Free until issued.