Springfield, MO Business License Bond Guide
If you plan to start a business in the City of Springfield, Missouri, you’ll need to file a surety bond. This guide outlines how the business license bond works and how to get yours quickly and affordably.
Bond Overview
- Purpose: To guarantee that businesses comply with local licensing requirements
- Who Needs It: Businesses in several industries based in or operating in Springfield
- Regulating Body: The City of Springfield Finance Department
- Required Amount: $5,000 or $20,000 for house movers
- Premium Rate: $100 for a 1-year term
What Is a Springfield Business License Bond?
A Springfield business license bond is a type of surety bond required by the City of Springfield before you can receive a local business license.
The bond ensures that businesses:
- Follow city regulations
- Complete contracted work properly
- Operate per licensing rules.
If a business violates codes or fails to meet standards, the City can file a claim against the bond. The surety pays damages, and the business must repay the surety.
Who Needs a City of Springfield Business License Bond?
If you're starting a business or plan to operate in Springfield from outside the city limits, you’ll likely need a bond as part of your license application.
These business categories must file proof of a surety bond and/or insurance to receive a license:
- Auction Houses
- Auto Auctions
- Auto Dealers
- Auto Repossession Agents
- Electrical Contractors
- Gas Fitters
- Mechanical Contractors
- Plumbing Contractors
- Coupon Sales
- House Movers
- Magazine and Book Solicitors
- Pest Control
- Sanitary Waste Haulers
- Tree Surgeons
Verify your exact license requirements with the city by emailing [email protected].
How Much Do Springfield Business License Bonds Cost?
Springfield business license bonds cost a flat rate of $100 for a one-year term.
Click “Buy Now” below to purchase and receive your official bond in minutes. You can also save 25% by selecting a multi-year term.
SuretyBonds.com offers the lowest available rates available from our nationwide network of providers.
How Does a Springfield Business License Bond Work?
By purchasing this type of bond, you enter a legally-binding contract between three parties:
- Principal: You, the business owner filing the bond
- Obligee: The City of Springfield Finance Department, requiring the bond
- Surety: The provider issuing the bond
If your business violates local codes or fails to perform work properly, the surety may pay damages to the City or harmed clients up to the bond amount. You’ll then need to repay the surety.
How Do I Get a Springfield, MO Business License Bond?
SuretyBonds.com offers the fastest way to get a business license bond in Springfield, Missouri. To get started, simply purchase your bond directly online.
We’ll deliver your official bond form in minutes via email. Sign and file the bond with the City of Springfield Finance Department.
How to Renew Your Springfield Business License Bond
You must renew your business license bond before the current one-year term ends. These bonds are continuous until canceled, so all you need to do is pay your renewal invoice to maintain an active policy.
How to Get Your Springfield Business License
A business license is required for anyone selling products or providing services in Springfield, Missouri. Follow these steps to legally operate your business:
- Complete the application forms
Select the appropriate application packet based on your business type: residential, commercial or non-resident. Fill out the application with your business details. - Provide supporting documents
Be sure to attach all required documents based on your business type. A Sales Tax Certificate is necessary if your business sells taxable goods or services. Zoning Approval is required for businesses operating from commercial locations within city limits. A Surety Bond must be submitted for regulated activities such as contracting, house moving or construction. Depending on your industry, Business Insurance may be recommended or required to protect against liability. Finally, businesses involved in food service, health care or other regulated industries must provide Health Inspection Approval. - Pay the $15 license fee
Submit or attach the non-refundable license fee to complete your application. - Submit application packet
You can upload and submit online or mail your application materials to the City of Springfield Finance Department - Licensing Division, 840 Boonville Ave, PO Box 8368, Springfield, MO 65802.
Springfield, MO business licenses expire annually on December 31. Be sure to renew by January 31 to avoid penalties.
