City of New York - Employment Agency License Bond (Third Party Bond)

This bond is required for businesses that operate employment agencies in New York City. If you help people find jobs or match employers with workers, you need this license bond before the City will approve your agency's license. The bond protects job seekers and employers if your agency breaks the rules, such as charg…

Bond amountVaries by license type or project
State or jurisdictionNew York
ObligeeCity of New York

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Overview

What it is.

This bond is required for businesses that operate employment agencies in New York City. If you help people find jobs or match employers with workers, you need this license bond before the City will approve your agency's license. The bond protects job seekers and employers if your agency breaks the rules, such as charg…

Who usually needs it

Employment agencies licensed by the New York City Department of Consumer and Worker Protection (DCWP) need this bond. Standard employment agencies require a $5,000 bond, while agencies recruiting domestic or household employees from outside the U.S. or operating as modeling/theatrical agencies require a $10,000 bond. These businesses help people find jobs f…

Pricing & timing

What to expect.

Generic pricing

License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.