- Auctioneer bonds
- Insolvency practitioners bonds
- Section 137 Bonds (Ireland)
- Companies operating in regulated industries or sectors
If your business operates in a regulated industry or activity, you may be required to provide a guarantee bond to procure and maintain your license to operate. This is especially likely in industries and sectors involving the handling of clients’ money. In some territories, it is necessary to post a bond if your company does not have any directors who are resident within the state (or the wider European Economic Area) in order to cover potential fines for breaches of the relevant company law.