A Rhode Island employee leasing company (PEO) organized as a partnership 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.
















Employee-leasing bonds are simple license bonds. Here's the entire process:
Business details and an effective date. No financials and no credit check section on this bond.
Fixed-amount license bonds like this often issue right after purchase — at most 1–2 business days.
Your executed bond arrives by email, ready to file with your PEO registration. Wet-ink original mailed on request.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
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.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.