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Rhode Island
Employee Leasing and/or Temporary Help Service Company Bond

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Coverage Amount: $50,000
Term Length: 1 year
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Rhode Island Employee Leasing Company Bond Guide

If you’re applying for an employee leasing company license in Rhode Island, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To ensure companies pay taxes and operate legally
  • Who Needs It: Temporary employee leasing companies in Rhode Island
  • Regulating Body: The Department of Revenue, Division of Taxation
  • Required Coverage: $50,000
  • Premium Rate: 1–10%, credit-based

Learn all about the bond requirements and process in this guide. 

What Is a Rhode Island Employee Leasing Company Bond?

A Rhode Island employee leasing company bond, also known as a temporary help service bond, holds companies financially liable for following state regulations. This includes paying all taxes and upholding client contracts.

How Much Do Employee Leasing Company Bonds Cost?

Rhode Island employee leasing company bonds cost a small percentage of the $50,000 bond amount, typically $500.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$50,000Employee Leasing and/or Temporary Help Service Company Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

Who Needs an Employee Leasing Company Bond? 

In Rhode Island, employee leasing organizations are businesses that provide workers to employers under leasing arrangements or contracts.  

All new licensed companies must hold a $50,000 for the first two years of operations as financial security. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Rhode Island employee leasing company bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Division as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Rhode Island Employee Leasing Company Bond Work? 

As with all surety bonds, an employee leasing company bond creates a legal contract between three parties: 

  1. Principal: You, the employee leasing company owner(s) filing the bond
  2. Obligee: The Rhode Island DOR’s Division of Taxation requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of R.I. Gen. Laws § 44-30-71.4. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety. 

How Do I Renew My Bond?

These bonds expire annually. To renew your employee leasing company bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

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