1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
How Much Does a Texas Sales Tax Bond Cost?
The cost of a Texas sales tax bond ranges from $1,000 to $10,000 or more. The bond amount required is based on the business’s tax liability, and the minimum is $100,000. Rather than paying the full penal sum, however, you may purchase the bond from a surety company.
Our surety company is authorized to sell bonds in Texas, and we have been serving the state’s needs for more than 10 years. Our bond premium rates are from 1% to 10%, depending on your qualifications.
Specifically, your sales tax bond rate is based on factors such as your professional experience, credit scores and financial assets. We proudly provide bonds to more than 99% of our customers, and we accept most credit scores.
A rate of 1% to 3% is available to applicants with at least a 700 credit score. With this credit score, a $100,000 bond costs between $1,000 and $3,000.
Surety Bond Cost Based on Credit Score |
||||
Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
Texas Sales Tax Bond |
$100,000 |
$1,000 - $3,000 |
$3,000 - $5,000 |
$5,000 - $10,000 |
How to Get a Texas Sales Tax Bond
1. Apply For Your Bond
We provide our customers with a simple, three-step process. This easy process allows many of our customers to get their bond within a day. The first step is to fill out the online application.
Our new customer, Brad, recently applied for a Texas sales tax bond online. He was eager to get the necessary bond and start making sales, so he appreciated our easy process. In fact, he received his new bond on the same day he applied.
2. Get Your Bond Quote
Surety bond applications are reviewed immediately, and many applicants receive an instant bond quote from us. If your application is complex and needs additional review, we will give you a bond quote within 48 hours.
3. Purchase Your Bond
To wrap up your bond purchase, use our online portal to make your bond premium payment. Your bond will be prepared and emailed to you right away. Upon request, we can mail your bond as well.
Our experienced bond specialists are standing by to answer your questions and guide you through the steps, if needed. For assistance with your bond purchase, reach us online or by phone at (877) 514-5146 today.
Sales Tax Bond Requirements in Texas
A Texas sales tax bond, also known as a Continuous Bond of Seller, is required for all sellers who apply for a sales tax permit. This is mandated by Texas Administrative Code, Title 34, Part 1, Chapter 3. Applicants for a tax permit may be required to provide a bond or security that equals either $100,000 or four times their average monthly tax liability. For itinerant vendors, while a bond may also be necessary, the minimum bond amount cannot be less than $500. The obligee for the sales tax bond is the State of Texas. The bond automatically extends each year as a new obligation.
The surety has the right to cancel the bond by making a 30-day notice in writing to the Comptroller of Public Accounts. The bond premium payment is due annually to maintain the bond. We will contact you annually prior to the due date with renewal instructions.
How to Get Your Sales Tax Permit in Texas
The Texas Comptroller of Public Accounts is in charge of processing sales tax permit applications. Use the state’s online application to apply for your permit. To do so, you need to provide:
- Tax ID numbers for each owner or partner
- A corporation’s file number from the Texas Secretary of State
- For a corporation, the Social Security number of all officers and directors
- North American Industrial Classification System (NAICS) code
- Surety bond
If you have questions about obtaining a sales tax permit in Texas, please contact:
Texas Comptroller of Public Accounts
10010 San Pedro Avenue, Suite 410
San Antonio, TX 78216
Phone: (210) 342-2300
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What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!