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…
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 de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNYBond amountVaries by license type or projectObligeeCity of New YorkBond classLicense BondCategoryOtherBondCity of New York - Employment Agency License Bond (Third Party Bond)Plain descriptionThis 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…Who needs this bondEmployment 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 e…
