Affidavit of Workers' Compensation Exemption is a legal document that was released by the Planning, Development and Inspections Department - Wake County, North Carolina - a government authority operating within North Carolina. The form may be used strictly within Wake County.
Q: What is an Affidavit of Workers' Compensation Exemption?
A: An Affidavit of Workers' Compensation Exemption is a document used to declare that a business is not required to carry workers' compensation insurance.
Q: Why would a business file an Affidavit of Workers' Compensation Exemption?
A: A business may file an Affidavit of Workers' Compensation Exemption if it has no employees or if all of its employees are owners or officers.
Q: What is the purpose of workers' compensation insurance?
A: Workers' compensation insurance provides benefits to employees who are injured or become ill due to work-related activities.
Q: Is it mandatory for businesses to have workers' compensation insurance in Wake County, North Carolina?
A: In most cases, businesses with three or more employees in Wake County, North Carolina are required to carry workers' compensation insurance. However, certain exemptions apply.
Q: Who is exempt from workers' compensation insurance requirement in Wake County, North Carolina?
A: Businesses with no employees or businesses where all employees are owners or officers may be exempt from the workers' compensation insurance requirement in Wake County, North Carolina.
Q: What happens if a business fails to carry workers' compensation insurance in Wake County, North Carolina?
A: If a business fails to carry the required workers' compensation insurance in Wake County, North Carolina, it may face penalties and legal consequences.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Planning, Development and Inspections Department - Wake County, North Carolina.