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State Specific Updates

All Advisor Updates

Vermont

State Web Site:  www.vermont.gov
   
General Business Requirement:

Apply to the Secretary of State for a Certificate of Authority to conduct business in Vermont.

Business Entity Registration Forms

 
Licensing/Registration:

Vermont - Employee Leasing Forms

Vermont - Employee Leasing Statute

Vermont - Employee Leasing Rules

Unemployment Insurance:

Vermont - Employer UI Registration (PDF Form)  

Vermont - Employer UI Registration (On-Line)
 
New Employer Rate (2009) = 1.0%
Wage Limit (2009) - $8,000
Employer/Reporting Unit for SUTA contributions:  PEO, using separate client account numbers and experience rating.  See:  Employee Leasing Statute - Dept. of Labor
 
Agency Web Site:  Vermont Department of Labor

State Taxes:

Vermont - Business Tax Application

Vermont - Business Tax Guide

Agency Web Site:  Vermont Department of Taxes


Workers’ Compensation:

Rating Bureau – NCCI  

State Specific Requirements for PEO
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Workers’ compensation coverage can be provided by the PEO or client/co-employer, but client modifier must be used if one exists.

Exclusive remedy benefits apply to both the licensed PEO and client/co-employer, if coverage is in effect.

Agency Web Site:  Vermont Department of Labor


Benefit Plans:

PEO and/or client can sponsor fully insured benefit plans.

A PEO sponsored self-funded benefit plan is only allowed if it has been qualified as a single employer plan under ERISA.

See:  Employee Leasing Statute - Employee Benefits

Agency Web Site:  Vermont Dept. of Banking, Insurance, & Securities