Florida Sales and Use Tax Bond Guide
Some businesses that pay sales and use taxes in Florida must file a surety bond with the state to guarantee tax payments.
Bond Overview
- Purpose: To ensure payment of sales taxes, fines and fees
- Who Needs It: Business owners with current or historical tax payment delinquencies
- Regulating Body: The Florida Department of Revenue
- Required Coverage: $1,000–$100,000, based on tax liability
- Premium Rate: 1–10% of the bond amount, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Florida Sales and Use Tax Bond?
A Florida sales and use tax bond is a form of financial security used to guarantee that a business will remit all taxes, fines and surcharges owed to the state or county.
Retailers and merchants may need to file a sales tax surety bond to prove financial responsibility to the Department of Revenue.
How Much Do Sales and Use Tax Bonds Cost in Florida?
Florida sales tax bonds typically cost 1–10% of the total bond amount. For example, rates start at $100 for a $10,000 bond.
Verify your bond requirement and apply for a free quote today!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Sales Tax Bond Work?
A Florida sales and use tax bond creates a legal contract between three parties:
- Principal: The business owner purchasing the bond
- Obligee: The Florida Department of Revenue requiring the bond
- Surety: The provider issuing the bond
If you don’t make tax payments, the surety will reimburse associated bond claims up to the bond amount. However, you then become responsible for repaying the surety up to the full bond amount.
Who Needs a Sales and Use Tax Bond?
Any individual or corporation that offers products or services subject to taxes, surtaxes,
fees, or surcharges per Chapter 212 of Florida Statutes may be required to file a sales tax bond.
Specifically, the Department of Revenue requires businesses with outstanding tax liability of $2,500 or greater to be bonded as financial security.
How Do I Get a Sales and Use Tax Bond in Florida?
Follow these steps to get your Florida sales tax bond online:
- Determine your bond requirement
- Apply for a free quote
- Sign the indemnity agreement
- Pay for the bond online
We’ll email you the official bond documents shortly after you check out. Remember to file the bond form with the DOR as instructed.
Can I Get Bonded With Bad Credit?
Yes, you can often still get a sales tax bond with low credit. However, keep in mind that bad credit will impact your premium rate. Apply to see if you qualify today.
How Do I Renew My Sales Tax Bond?
These bonds expire annually. To renew, just pay your invoice when prompted — we’ll do the rest!
If there are bond claims or you do not pay the renewal premium, the surety can cancel the bond by providing 60-days written notice to the DOR.
