Before an employment agency, escort service, janitorial service, or mail order business may begin operating in the City of Miami Beach, Florida, the owner must obtain a Certificate of Use (CU) and a Business Tax Receipt (BTR) from the City’s Regulatory Departments. To be eligible for a BTR, a $5,000 Business Tax Receipt Bond is required.
At Jet, the cost of the Business Tax Receipt Bond is a small percentage of the $5,000 limit and is based on a soft credit check of the business owner. For example, someone with preferred credit can purchase a one-year bond term for $100 or choose our payment plan which is just $10 a month.
For further rate options (e.g. annual, monthly, and multiyear), take a look at Jet’s price chart below.
Bond Term | Cost |
---|---|
Monthly | $10 |
1 Year | $100 |
2 Years | $175 |
3 Years | $250 |
The Jet team can file your surety bond for you at no extra charge! However, if you would prefer to take care of this step yourself, the option to do so may be selected at check out. The original signed and sealed Business Tax Receipt Bond must be submitted to the City of Miami Beach at the mailing address listed below.
City of Miami Beach
Customer Service Center, Finance Staff
1700 Convention Center Drive
Miami Beach, FL 33139
For further information on how to apply for your CU and BTR, take a look at the city’s Business Tax Receipt, Certificate of Use, and Annual Fire Inspection webpage.
Jet Insurance Company provides the Business Tax Receipt Bond to act as a financial assurance to the City of Miami Beach that the business owner and their employees will uphold all laws when it comes to business activities. If it is found that a person of the public has suffered a financial loss due to your business committing a violation such as negligence or fraud, the bond will act as a means of restitution for such damages.
As for renewing your Business Tax Receipt Bond, the Jet team will send you an invoice prior to your bond term expiration date via mail and email. To renew, all you need to do is fulfill the standard payment due and you’ll be all set for another term. However, if you are a part of Jet’s monthly payment plan, you won’t have to worry about this process. As long as monthly payments are made, your bond will remain active until cancellation is sought.
If you need to cancel your bond at any point, simply send our team a written request to [email protected]. Once received, Jet will send a termination notice to the city’s Customer Service Center and your bond will be released of liability within 10 days.