Arizona Employment Agency Bond
400,000+ Bonds issued to 250,000+ satisfied customers.
Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and skip the annual renewal process.
Purchase your bond today and select from Next Day, Two Day, or Three Day Shipping.
Backed by SSL, our online bonding process is secure. We are committed to your privacy.
How much does an employment agency bond cost in Arizona?
Update: Pursuant to AZ Rev Stat § 23-527, employment agencies in Arizona are no longer subject to the $5,000 surety bond licensing requirement.
Why do I need this bond?
Arizona employment agencies must provide the Labor Department with a $5,000 surety bond to comply with the provisions established by Arizona Revised Statutes 23-521 and Arizona Administrative Rules R20-5-301. The bond ensures that no employment agency or agent commits fraud, misrepresentations, makes false statements, or commits other unauthorized acts. In the event that a claim is made against the bond, the surety will pay out up to the full $5,000 with the expectation that the principal will reimburse them for any money paid out to settle the claim.
What’s the fine print?
Employment agency bonds are issued for 12-month terms and must be renewed annually. The bond may be canceled if either the surety provides notice to the Industrial Commission of Arizona or if the state of Arizona, on behalf of the Industrial Commission, cancels the bond. In either scenario, 30 day’s written notice must be provided by the entity canceling the bond.
How to become an employment agency in Arizona
To become an employment agency in Arizona, the following requirements must be met by the applicant:
- Submit to background check by State Department of Labor
- Complete application and supplemental application
- Provide business and personal financial statements
- Pass written examination
- Pay initial fee as well as annual fee each year the license is renewed
Additional Resources
Industrial Commission of Arizona Home
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.