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New York Alcohol Distributor Bond

How much will my bond cost?

If you act as a distributor of alcoholic beverages within the State of New York, you are required to post a surety bond. Distributor acts include:

  • importing beer or wine
  • storing beer or wine in a warehouse within NY and purchasing warehouse receipts
  • brewing, producing, distilling or manufacturing beer or wine

This specific bond type has a varying bond amount. This means that your bond amount is determined by the amount of alcohol you import, store or produce. To find out the bond amount you are mandated to post, contact the Department of Taxation and Finance.

Prior to contacting a surety expert, be sure to know your given bond amount. Providing this information can help speed up your bonding process and might lower your premium.

If your given bond amount is $10,000 or less, SuretyBonds.com can issue your bond instantly. No credit check is required.

Bond amounts that exceed $10,000 are subject to underwriting, meaning that the premium of your bond is determined by the financial credentials of your credit report.

Low credit? No worries! SuretyBonds.com offers a bad credit bonding program specifically for you. This program allows you to get bonded at the lowest rate available to your specific needs. To find out how much you could pay for your bond send a bond request.

Bond Type Bond Amount Cost*
$10,000 or less Alcohol Distributor Bond $10,000 or less $100 Buy Now
More than $10,000 Alcohol Distributor Bond More than $10,000 Subject to Underwriting Buy Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Have any questions about your bonding needs? Call us at 1 (800) 308-4358 or fill out our easy bond request here to facilitate the bonding process today! SuretyBonds.com strives to provide the fastest and most efficient bonding services nationwide!

Why do I need this bond?

By posting a bond, the principal (distributor) guarantees to faithfully discharge all duties under Article 18 and any regulations dictated by the Department of Taxation and Finance. Furthermore, the principal promises to account for and pay all sums due to the Department.

Have a question or concern? Contact a surety professional through a bond request.

What’s the fine print?

All bonds will remain in full force unless canceled by the surety. If the surety chooses to cancel this bond, a written cancellation notice must be mailed to the Department of Taxation and Finance 30 days prior to the deemed cancellation date.

How to become an alcoholic beverage distributor in New York

All distributors of alcoholic beverages must be registered with the State of New York prior to doing business. To register with the state, file Form TP-215 and Form TP-229.

To be approved, you must be licensed by the State Liquor Authority and register as a sales tax vendor.

For additional information contact the Department of Taxation and Finance.

Submit a bond request online to begin the bonding process now!

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Get a FREE Distributor of Alcoholic Beverages Bond Quote Today!

Filing Requirements for Registered Distributors of Alcoholic Beverages

Alcoholic Beverages Tax - Introduction and Definitions

Alcoholic Beverages Tax Information For Registered Distributors

Do I Have to Register As a Distributor of Alcoholic Beverages?

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