Sole proprietors and partnerships that sell prepared meals in Virginia cities, including restaurants, cafes, food trucks, caterers, and other establishments serving prepared food or beverages, must obtain this bond to guarantee they will accurately collect and timely remit meal taxes to the city.
Pricing & timing
What to expect.
Generic pricing
Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax 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. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds…
Typical timeframe
Credit-based approval — typically 1–2 business days
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.
StateVABond amountVaries by license type or projectObligeeCity of Norfolk, VirginiaBond classTax BondCategoryOtherBondMeal Tax Bond - Individual and PartnershipPlain descriptionSales/Use/Consumers TaxesWho needs this bondSole proprietors and partnerships that sell prepared meals in Virginia cities, including restaurants, cafes, food trucks, caterers, and other establishments serving prepared food or beverages, must obtain this bond to g…