(1) An employee leasing company is exempt from the licensing requirements specified in s. 468.525 and from the fees specified in s. 468.526 if such company: (a) Submits a properly executed request for registration and exemption on a form provided by the department; (b) Is domiciled outside the state and is licensed or registered as an employee leasing company in its state of domicile or residence; (c) Does not provide leased employees to a client whose business is located or domiciled in this state; (d) Does not maintain an office in this state or solicit in any manner clients located or domiciled within this state; and (e) Does not have more than 50 leased employees working in this state. (2) A registration is valid for 1 year. Each registrant shall pay to the department upon initial registration, and upon each renewal thereafter, a registration fee to be established by the board in an amount not to exceed: (a) Two hundred and fifty dollars for an employee leasing company. (b) Five hundred dollars for an employee leasing company group.
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