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License Bond & Permit Bond - Bond Surety

LICENSE BOND & PERMIT BONDs

What Are License And Permit Bonds?

Do you need a license from the government to do business? Or a permit to undertake a new project? If so, you may need a license and permit bond.

License and Permit bonds are a generalized class of commercial surety required by government agencies in order to receive a license or permit as a prerequisite to start certain businesses. The requirement of such a bond is to guarantee that a company will fulfill their responsibility under its registration requirements. Governments, at all levels, often require license and permit bonds for businesses that involve some risk to the public. They assist and are legally required to qualify a business to engage in a particular operation and are mostly required for the reimbursement of applicable taxes, fees and to provide consumer safety.

License and permit bonds protect consumers by guaranteeing businesses adhere to laws and other regulations. These surety bonds are payable to various licensing bodies, including both provincial and municipal governments.

Types Of License And Permit Bonds

There are hundreds of unique licenses and permit bond types but the following are some of the most commonly requested:





Applying For License And Permit Bond? Have Questions?

Contact our surety experts at 1-877-213-4545 or surety@bondsurety.ca

Ai Surety Bonding – Affinity Insurance Inc. is the market leader in Canada for surety and related products. Our surety experts have the knowledge and expertise in delivering Fiduciary, Customs and Excise, License and Permit and Lost Instrument bonds.

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