Get the free Colorado Cigarette Licensee Bond Form - Surety Bond

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DR 0219 (12/28/05) COLORADO DEPARTMENT OF REVENUE SPECIAL TAX ACCOUNTING SECTION 1375 SHERMAN STREET, ROOM 237 DENVER, COLORADO 80261 CIGARETTE LICENSEE SURETY BOND Principal Name(s) (attach additional

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How to fill out colorado cigarette licensee bond

How to fill out Colorado cigarette licensee bond:

01

Obtain the necessary forms: You will need to obtain the bond application form from the Colorado Department of Revenue or download it from their website. Make sure to fill out all the required fields accurately.

02

Provide personal and business information: The bond application will require you to provide personal and business information. This may include your name, address, phone number, social security number, and business identification number.

03

Specify bond details: The bond application will ask you to specify the details of the bond, such as the bond amount and effective date. The bond amount is determined by the Colorado Department of Revenue and may vary depending on your specific circumstances.

04

Obtain a surety bond: To fulfill the bond requirement, you will need to obtain a surety bond from a licensed surety bond company. The surety bond serves as a guarantee that you will comply with all applicable laws and regulations related to the cigarette business.

05

Pay the bond premium: The surety bond company will require you to pay a bond premium, which is a percentage of the total bond amount. This premium is usually paid annually and may vary depending on factors such as your credit history and business financials.

06

Submit the bond application and bond: Once you have completed the bond application and have obtained the surety bond, you will need to submit both documents to the Colorado Department of Revenue. Make sure to include any required supporting documentation and payment for the bond application fee.

Who needs Colorado cigarette licensee bond:

Any individual or business that intends to engage in the sale or distribution of cigarettes in the state of Colorado is required to obtain a cigarette licensee bond. This includes wholesalers, distributors, retailers, and manufacturers. The bond serves as a financial guarantee that the licensee will comply with all applicable laws and regulations relating to the cigarette business, such as paying the required taxes and fees and adhering to advertising and labeling requirements.

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