What is a California Tobacco Maker or Importer Bond?
The California Tobacco Maker or Importer Bond is a requirement under the Cigarette and Tobacco Products Licensing Act for all retailers. This includes wholesalers, distributors, manufacturers, and importers of cigarettes and tobacco products. The above mentioned entities must retain a Seller’s Permit. Tobacco makers or importers need this bond in California as a means of ensuring that makers will pay the taxes related to manufacturing and selling tobacco products. The bond is based on personal credit. So the bond amount will vary. The amount of the bond is either equal to the greater of $50,000 or the amount of escrow the manufacturer. Also as a possibility the importer, in either its current or predecessor form was required to deposit as a result of the largest of its most recent five calendar years’ sales in California. To determine the cost of this bond, complete our easy online application.
How do I obtain a California Tobacco Maker or Importer Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety Solutions Insurance Services, Inc. (Surety1) are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.