Hillsborough Business Tax Receipt Bond Guide
If you’re applying for a business license in Hillsborough County, Florida, you might need this surety bond.
Bond Overview
- Purpose: To ensure that businesses complete their contract agreements
- Who Needs It: Asphalt pavers/sealers and fortune tellers in Hillsborough County, FL
- Regulating Body: The Tax Collector's Office
- Required Coverage: $1,000–$10,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a Hillsborough County Business Tax Receipt Bond?
A business tax receipt bond becomes an additional part of the permitting process for the businesses that need it. This bond requires businesses to complete all active contracts and commitments made with customers.
How Much Do Business Tax Receipt Bonds Cost?
A Hillsborough County business tax receipt bond costs a flat rate of $100 for any bond amount. Or, you can save 25% by selecting a multi-year term. Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Business Tax Receipt Bond?
While almost all businesses in Hillsborough County, Florida need to pay a business tax, only fortune tellers and asphalt pavers and sealers are required to get this bond.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Hillsborough County business tax receipt bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file it with the County Tax Collector's Office as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Hillsborough County Business Tax Receipt Bond Work?
A business tax receipt bond creates a legal contract between these three parties:
- Principal: You, the business owner(s) filing the bond
- Obligee: The Hillsborough County Tax Collector's Office requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of the Hillsborough County Ordinances, Article 3, Chapter 46.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your business tax receipt bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
