whenever i stuck dealing with my ecommerce business then only solution i get is your youtube videos. amazon call centre never give you appropriate answer. thank you
Dan, sincerely, thank you for taking the time to research about these topics and doing this video. Grateful for this. This is extremely helpful. I hope your channel grows further.
I can’t stop watching your videos!!! You’re such a great teacher.. and Thank you so much for sharing your very useful and informative knowledge ☺️☺️ it’s highly appreciated!!
If you are a single owner and have a "disregarded entity" it does not mean that you don't have to file forms to IRS. People seem to forget this even when the penalty is $25k.
As usual always like before watching! I’ve been keep watching your videos lately, and my products going to lunch in amz soon! Thank you so much for making such informative videos always!
🟠 Follow us on Instagram @officialdanrodgers Here are the LINKS for this video: CLEMTA: Create your US company. Get 10% OFF with CODE: DANRODGERS Go here: clemta.com/ Or email: info@clemta.com OFX: Create your OFX account. Get 10% OFF with CODE: DanRodgers For Discount + VIP Service Contact: will.moffett@ofx.com COUNTRIES ACCEPTED for Amazon Seller Registration: - North American Seller Account: sellercentral.amazon.com/gp/help/external/200405020 - European Seller Account: sellercentral.amazon.co.uk/gp/help/external/G200405020?language=en_GB Thank you for watching. I hope this helps you 🚀
@@junonline4428 while you can incorporate offshore, unfortunately the tax benefit is usually not possible. The US has something called Subpart F, which prevents the moving of US taxable income offshore through the use of foreign entities. A tax professional will know much more on this than me though.
hello and thank you very much for your videos, I am French and I had to open an LLC since I would like to do wholesale on Amazon in the United States, in this video you talk about banks however I still have a few questions to understand the logic of the banking cycle, could I drop you off? and thank you again for your videos Cyril
Great contents Dan , This is the topic which lot of Amazon sellers do not have clarity on ...Q: I have Amazon seller central account in India, I want to sell USA &CANADA , Is it mandatory to take US LLC? can I configure "sell globally" from the existing account? should I give a US bank account? or existing India bank account is ok?
Hi Dan, thanks for the information! One thing is not clear for me. Why I’d want to open a LLC if I can sell as an individual? What are the specifics benefits of setting an entity?
The answer is in the name LLC (Limited Liability Company)! If you sell as individual you are liable with ALL your personal assets if you get to be fined by the government or courts for any reason. When you use LLC you are not individually liable with your personal assets but only with the assets of your LLC. It's that simple.
Your content is top notch my man! I set up my LLC with another agency in Wyoming back in Sep 2020 and haven’t received my company EIN yet!!! Apparently all foreign owned LLC EINs can only be processed manually threw post (can’t be done online) and due to COVID issues IRS has huge backlog and delays with manual EIN processing! Are you aware of these delays for us foreigners and possibly do you have any advice on how to expedite? Thanks once again for your great videos 👍🏻
Hi Dan thanks for the videos.. I just have a question. When signing to amazon, should my residential address is the address outside US (my home address in Europe) or should it be the same as my business address in the US? Hope you will reply.. :)
Great information, But i have a quick question, can we sell on Amazon USA with chinese based company? and how It is going to deal with taxes? thanks...
Hi Dan, thank you so much for making this video. It answers so many of my questions. One thing that was not so clear to me is that in option 3, my company is non-us company and our bank account is in our country. Do we still have to apply for EIN to be able to sell in Amazon US market?
Hey Panama is not sketchy, people from other countries just abuse the system. Also update, you CAN sell in Europe, I am from Panama and have a sole trader entity and I can sell in Europe, North America, Japan and Australia. Thanks for your videos, they are very helpful.
Exactly what i was surfing and this notification came up. Question: Physical address and utility bill is a must for amazon verification, is there a workaround if we choose US LLC. Thanks for the great content. New colourful desk setup looks awesome.
Hi Dan, could you please do a video on removal orders, my issue is that I had stock enroute to fulfillment centre, but my listing was suspended as I amended the title and included a branded term 🙈, now seller central states I have zero units to remove even though technically they are in the fulfillment centre. I have contacted the “Help” section, but any advice you can offer?? Love your videos by the way, you have taught me so much
Amazon wants to send documents for establishment of compney witu foreign director and were compney physicaly operating address proof.etc.. how to resolve this issue
Thanks for the Video Dan, I have a question : I have a LTD in UK and will start selling in AMAZON US do you see any benefits to create an LLC (protections ... ?
thank you Dan for another informative video there! so a UK LTD entity is the best option if you plan to sell globally and you are a non-US citizen.. btw, the new setting is very cool ! nice job there! thanks again!
if i want to sell on amazon outside the usa for example if i want to do retail arbitrage where can i store my inventory ? I’m confused i hope you can explain
Thanks for this video, I am not sure if Amazon is accepting these kind of intermediaries, like WiseTransfer, OFX, etc. do you now if this is an option for new sellers?
So if I'm going to sell as an individual from a foreign country, do your recommend to still create a single US LLC or just continue as and individual when signing ?
Thanks Dan love your Content ✅🌈 I have a question : I am doing the transition next month from sole trader to Limited company and i am based in London. I would like to know what do you think of opening a limited company in ireland seem Way more interesting it make think much easier to sell in Europe would love to know what do you think about it? Thanks 👌
Hi Dan, should I pay the "sale state tax" on aliexpress when i pay my manufacturer? (knowing that i live in europe and that I send my stock directly from china to USA). While Im waiting for the amazon warehouse adress, I needed to pay half of my stock order (to start my order production), so I put a delaware state adress to have zero tax and it worked. But now im wondering, when i'll finaly know the amz warehouse adress, if I should pay this tax ? If i do should I pay it to aliexpress or can i pay it when my stock will arrive to USA ? thank you
Hello dear,i was wondering if you could give me advice why my listing doesn't show up on amazon? I have my product at amazon storage three month already,seller central says listing is OK and products are buyable but I can not find it with any keyword on search department.
Hi thnak you for explanation. Is it better to make a transferwise bank acc related to the llc in term of sending funds to my country tax in the long run?
Hey Dan I had a quick question - I have sent in 133 units into Amazon for my first launch, currently 42 of them are available and 91 are in the reserved status because the rest are being sent to 4 different fulfillment centers & all should become available by/around March 6 (according to seller support). My question is - should I wait to launch on march 6 when all my units are available (which correct me if I am wrong, will show customers that is prime 2 day shipping) or should I just start selling now. I am concerned if I activate the listing now, that I will have a lesser honey moon period because 2 day shipping won't be shown to customers. Thanks!
Hello Sir , i really like your videos and these are very very informative. I have a question that do we need to register brand to sell on Amazon? If we ask suppliers to put our own brand name on the product and want to sell on Amazon? Does Amazon allow our listing with new logo and brand name without registration?
Hi Dan, thanks very much for these video. Please am from Ghana and my country is not in the listed countries to sell on Amazon. Please can you couch me on how to go about it? How can I contact you please
Hi Dan, lekker info and thanks for all the hard work. My question is related to opening a LLC in the US. I am in partnership to open our Amazon shop and we will be creating a business account in the UK and trade in the US market. Do we need to setup a US address to trade there? Do we need to setup a US bank account and LLC? Can we trade in the US with just a UK Business / Bank account?
Hi Dan, quick question. I’m selling using FBM at the moment but want to transfer it to FBA. Is it possible to ship my product to FBA but continue to sell using FBM on the same listing while waiting for it to arrive? What do you recommend?
Dan , This is the topic which lot of Amazon sellers do not have clarity on .you have answered all questions I was searching for in last 3 months . Thank you so much .. But because as I mentioned I didn't have clear answers to lot of these questions I opened a ltd company in UK to sell in USA and have set up a seller central account to sell in USA market ( option 3) in your video .however I have not started selling yet and probably it will be end of April before I launch my 1st product. So can you please guide me how easy it to now open a LLC and change my seller central to my new LLC may be to option 1 or 2 in your video .please advice. Many thanks in advance
sowjanya you got it! On this, why do you want to open a US LLC? The UK ltd should work perfectly. You can open an LLC though, the service linked in the description, Clemta, is very good at herlping with this. Transferring the seller account can be done but will take a while, you basically get documents from Amazon to transfer ownership of the account. It might honestly be worth just opening a new one if you do the US LLC. But, as before, the UK ltd will work well
Thank yo so much Dan! The thing that confuses me though, what do I have to do to declare my earnings to IRS? I have a company in Turkey but everyone says I should have an LLC in the US also
I was a US resident and have a US bank account but just moved to Uk.... : Can I keep the old US address and phone number or do I have to change them both to my UK address and Uk phone number...? Other than that its crystal clear thank you!!!!
Dan, I want to thank you for your absolutely amazingly helpful content. And I'd really appreciate it if you could clarify one thing. As I understand services such as OFX, Payoneer and etc while you're opening an account with them, ask you whether you want to register an individual or a business account. Do I understand it right, that before I register my US LLC and open an account with OFX (for example) I have to register my business in my country + open a business bank account with my local bank? Thanks again!
Dmitry you got it! Yes, you need to first open your company as you choose, then you want to register with the company's details for a business account on such a service as OFX
Hi Dan, that was a very useful video. Would I be able to start as an individual and then later when things are progressing well, setup as a business via one of these 3 options? Would i still need to setup an entirely new seller account or would i be allowed to "upgrade" my existing account to a business one?
Jose! Yes, you can often setup as an individual and later upgrade to a pro account on the SAME account. The caveat is where you live. This holds true for those who live in, for example, the USA or UK - it's easier. If you live in far off country or one not on the accepted lists, then you will want to start with a company and pro account :)
Cheers thanks Dan. I’ll be based in Germany by that time which I believe is on both the accepted lists you have referred to in some of your videos. 👌🏻 Appreciate your reply.
Hey Dan! And what if I was registered as an individual and now I want to switch to my LLC. The tax interview doesn't look clear, it looks like even if I change to my one member LLC (registered in the US) , it still shows my personal name, instead of LLC name. Any suggestions?
The only way to change the legal name on Amazon and retake the tax interview is to create a U.S. taxpayer (for U.S. tax purposes, a U.S. person), which is an LLC taxed as a partnership or corporation, for example. Then you would complete the W-9. This, of course, changes your U.S. tax responsibilities and is more advanced. The single-member LLC can work to obtain U.S. insurance for Amazon requirements, but your account will not be updated in the single-member LLC name.
@@ScottJLetourneau If I am a non-US resident and I create a single member LLC to sell on AMZ, how should I register since AMZ says that single member LLCs must be registered as INDIVIDUAL and not BUSINESS. The verification says: 1) TAX CLASSIFICATION: "INDIVIDUAL" or "BUSINESS" 2) FOR US TAX, ARE YOU A US PERSON?: YES or NO? If I say NO, I should complete the W8 and my personal data appears in the account and if I say YES, I should complete the W9 with the company's data. There is a lot of confusion here!
@@gguido If you own the LLC, you will check individually and are NOT a US person. Ultimately, the US SM LLC DE is NOT running the Amazon business because it is not the legal entity on your account. If you want your LLC to be on your Amazon account, you must change the filing to be considered a US taxpayer. That is only step one, which is complex. Then you get into Amazon's verification requirements if they request it, which will involve a business license or utility bill.
A video just on time thanks a lot Dan you the best. Well i successfully opened an llc in the US using different agency than Clemta I opened AmazonSeller account then i am finally stuck in the utility bill and bank account. Amazon didn’t approve me yet to sell. Please Dan any suggestions? Btw i like the new Deco 😁
Hassen, great job, on utility, worst case get in touch with Clemta as EFE says below, they may be able to help with that component. Thank you good sir!
Hi Dan, the value you providing is extremely good. I’ve set up my LLC in the US, bank account and Amazon account are done also. But I do not feel comfortable using a virtual address for the LLC. On Amazon all the addresses (Business address,legal entity address) is a virtual address and I am non-resident. What to do with any suspension issue?
Hi Dan, one of my British friend has a British LLC and he is selling in USA. How is it possible? He doesn't have an LLC in the US but even then he is selling in the US market.
UK is on Amazon North America's accepted list Nasir :) You don't have to have a US LLC, the country where your company is based just needs to be on the Amazon accepted list
Hi Dan I have a question when we try open Amazon account as LLC company what do we do about the credit card that Amazon required and we can't get credit cards under company name ? Also the bank statements are going to be with zero transactions ? Please advise and many thanks as always 🙏🏽
It can actually be any approved credit card for Amazon and that is okay for the bank statements as long as the statement matches the Amazon account details (name, address etc)
@@DanRodgers not sure if Amazon will accept and individuals card if the registration is created on a company name, any chance we can make sure of this ?
You have the best Amazon FBA videos on RUclips! I appreciate all the hard work you put in making these quality videos.
DAN RODGERS - The RobinHood of Amazon ecommerce!!
whenever i stuck dealing with my ecommerce business then only solution i get is your youtube videos. amazon call centre never give you appropriate answer. thank you
Hi Dan, this is my first comment on social media, I can't help doing this, your videos are so valuable, thank you very much!
That means a ton Nina, thank you very much!!
Dan, sincerely, thank you for taking the time to research about these topics and doing this video. Grateful for this. This is extremely helpful. I hope your channel grows further.
ruclips.net/video/7ITweX4tO2k/видео.htmlsi=o5taJGZpaRg_rFu_
I can’t stop watching your videos!!! You’re such a great teacher.. and Thank you so much for sharing your very useful and informative knowledge ☺️☺️ it’s highly appreciated!!
Thanks for your research, production and value! you are the best!
Hands down. Best advice. 🎉 Great content
Perfect video - answered all my questions!
If you are a single owner and have a "disregarded entity" it does not mean that you don't have to file forms to IRS. People seem to forget this even when the penalty is $25k.
Good info nauski, thanks for sharing!
OFX is the solution I was looking for!
The quality of your videos is very good mate. well done!
Finally the info I'm looking for. Thank you so much Dan!
Thank you Dan! you answered all my questions just in one video. Awesome!
Thanks Dan for the clarity. Great work to compile the info and sharing it. Much appreciated!
Dan your content is super awesome!
Your videos are fire!!!
Thank you sir!!
As usual always like before watching! I’ve been keep watching your videos lately, and my products going to lunch in amz soon! Thank you so much for making such informative videos always!
How about resellers permit ?
🟠 Follow us on Instagram @officialdanrodgers
Here are the LINKS for this video:
CLEMTA:
Create your US company. Get 10% OFF with CODE: DANRODGERS
Go here: clemta.com/
Or email: info@clemta.com
OFX:
Create your OFX account. Get 10% OFF with CODE: DanRodgers
For Discount + VIP Service Contact: will.moffett@ofx.com
COUNTRIES ACCEPTED for Amazon Seller Registration:
- North American Seller Account: sellercentral.amazon.com/gp/help/external/200405020
- European Seller Account: sellercentral.amazon.co.uk/gp/help/external/G200405020?language=en_GB
Thank you for watching. I hope this helps you 🚀
Can US resident incorporate non US companies and enjoy lower tax benefit?
@@junonline4428 while you can incorporate offshore, unfortunately the tax benefit is usually not possible. The US has something called Subpart F, which prevents the moving of US taxable income offshore through the use of foreign entities. A tax professional will know much more on this than me though.
excellent info, bravo Dan
Amazing video thank you Dan!!
hey Dan, have you made any video on Amazon wholesale for USA market
hello and thank you very much for your videos, I am French and I had to open an LLC since I would like to do wholesale on Amazon in the United States, in this video you talk about banks however I still have a few questions to understand the logic of the banking cycle, could I drop you off? and thank you again for your videos Cyril
Great contents Dan , This is the topic which lot of Amazon sellers do not have clarity on ...Q: I have Amazon seller central account in India, I want to sell USA &CANADA , Is it mandatory to take US LLC? can I configure "sell globally" from the existing account? should I give a US bank account? or existing India bank account is ok?
Did you try clemta and start to sell
Hi Dan, thanks for the information! One thing is not clear for me. Why I’d want to open a LLC if I can sell as an individual? What are the specifics benefits of setting an entity?
The answer is in the name LLC (Limited Liability Company)!
If you sell as individual you are liable with ALL your personal assets if you get to be fined by the government or courts for any reason. When you use LLC you are not individually liable with your personal assets but only with the assets of your LLC. It's that simple.
Your content is top notch my man!
I set up my LLC with another agency in Wyoming back in Sep 2020 and haven’t received my company EIN yet!!! Apparently all foreign owned LLC EINs can only be processed manually threw post (can’t be done online) and due to COVID issues IRS has huge backlog and delays with manual EIN processing! Are you aware of these delays for us foreigners and possibly do you have any advice on how to expedite? Thanks once again for your great videos 👍🏻
Hi Dan thanks for the videos.. I just have a question. When signing to amazon, should my residential address is the address outside US (my home address in Europe) or should it be the same as my business address in the US? Hope you will reply.. :)
Super helpful!
Great information, But i have a quick question, can we sell on Amazon USA with chinese based company? and how It is going to deal with taxes? thanks...
Thank you Dan !
Nice !
Hi Dan, thank you so much for making this video. It answers so many of my questions. One thing that was not so clear to me is that in option 3, my company is non-us company and our bank account is in our country. Do we still have to apply for EIN to be able to sell in Amazon US market?
Hey Panama is not sketchy, people from other countries just abuse the system. Also update, you CAN sell in Europe, I am from Panama and have a sole trader entity and I can sell in Europe, North America, Japan and Australia. Thanks for your videos, they are very helpful.
Agreed Witney!! It just got a bad wrap because of certain players. Great option though!
Exactly what i was surfing and this notification came up.
Question: Physical address and utility bill is a must for amazon verification, is there a workaround if we choose US LLC.
Thanks for the great content.
New colourful desk setup looks awesome.
Following!
Thank you! Get in touch with Clemta Nazeer, EFE above said they provided the utility bill, they have a solid success rate and specialize in this area.
@@DanRodgers Awesome, Thanks
Hi Dan, could you please do a video on removal orders, my issue is that I had stock enroute to fulfillment centre, but my listing was suspended as I amended the title and included a branded term 🙈, now seller central states I have zero units to remove even though technically they are in the fulfillment centre. I have contacted the “Help” section, but any advice you can offer?? Love your videos by the way, you have taught me so much
Amazon wants to send documents for establishment of compney witu foreign director and were compney physicaly operating address proof.etc.. how to resolve this issue
Man.. I wish I can thank you personally.
However, It would be better if you add a pdf file summarizing what is mentioned in the video.
Thanks for the Video Dan, I have a question :
I have a LTD in UK and will start selling in AMAZON US do you see any benefits to create an LLC (protections ... ?
thank you Dan for another informative video there! so a UK LTD entity is the best option if you plan to sell globally and you are a non-US citizen..
btw, the new setting is very cool ! nice job there! thanks again!
UK is definitely a solid option! Thank you AK!
Are there anything to do for declaring the earnings to IRS though? I am confused
if i want to sell on amazon outside the usa for example if i want to do retail arbitrage where can i store my inventory ? I’m confused i hope you can explain
Thanks for this video, I am not sure if Amazon is accepting these kind of intermediaries, like WiseTransfer, OFX, etc. do you now if this is an option for new sellers?
Hy Dan, which US State is good for LLC?
Waiting for your answer
So if I'm going to sell as an individual from a foreign country, do your recommend to still create a single US LLC or just continue as and individual when signing ?
Thanks Dan love your Content ✅🌈
I have a question : I am doing the transition next month from sole trader to Limited company and i am based in London.
I would like to know what do you think of opening a limited company in ireland seem Way more interesting it make think much easier to sell in Europe would love to know what do you think about it?
Thanks 👌
nice work
If I have a Colombian LLC but a US based Amazon account. would i need to register the foreign LLC as a US one?
Hi Dan, should I pay the "sale state tax" on aliexpress when i pay my manufacturer? (knowing that i live in europe and that I send my stock directly from china to USA).
While Im waiting for the amazon warehouse adress, I needed to pay half of my stock order (to start my order production), so I put a delaware state adress to have zero tax and it worked.
But now im wondering, when i'll finaly know the amz warehouse adress, if I should pay this tax ? If i do should I pay it to aliexpress or can i pay it when my stock will arrive to USA ? thank you
thanks man
Hello dear,i was wondering if you could give me advice why my listing doesn't show up on amazon? I have my product at amazon storage three month already,seller central says listing is OK and products are buyable but I can not find it with any keyword on search department.
Hi thnak you for explanation.
Is it better to make a transferwise bank acc related to the llc in term of sending funds to my country tax in the long run?
Thank you!😊
Hey Dan I had a quick question - I have sent in 133 units into Amazon for my first launch, currently 42 of them are available and 91 are in the reserved status because the rest are being sent to 4 different fulfillment centers & all should become available by/around March 6 (according to seller support). My question is - should I wait to launch on march 6 when all my units are available (which correct me if I am wrong, will show customers that is prime 2 day shipping) or should I just start selling now. I am concerned if I activate the listing now, that I will have a lesser honey moon period because 2 day shipping won't be shown to customers. Thanks!
Hello Sir , i really like your videos and these are very very informative. I have a question that do we need to register brand to sell on Amazon? If we ask suppliers to put our own brand name on the product and want to sell on Amazon? Does Amazon allow our listing with new logo and brand name without registration?
Hi Dan, thanks very much for these video. Please am from Ghana and my country is not in the listed countries to sell on Amazon. Please can you couch me on how to go about it? How can I contact you please
thank you so much
Hi Dan, lekker info and thanks for all the hard work. My question is related to opening a LLC in the US. I am in partnership to open our Amazon shop and we will be creating a business account in the UK and trade in the US market. Do we need to setup a US address to trade there? Do we need to setup a US bank account and LLC? Can we trade in the US with just a UK Business / Bank account?
Hi Dan, quick question. I’m selling using FBM at the moment but want to transfer it to FBA. Is it possible to ship my product to FBA but continue to sell using FBM on the same listing while waiting for it to arrive? What do you recommend?
Dan , This is the topic which lot of Amazon sellers do not have clarity on .you have answered all questions I was searching for in last 3 months .
Thank you so much ..
But because as I mentioned I didn't have clear answers to lot of these questions I opened a ltd company in UK to sell in USA and have set up a seller central account to sell in USA market ( option 3) in your video .however I have not started selling yet and probably it will be end of April before I launch my 1st product.
So can you please guide me how easy it to now open a LLC and change my seller central to my new LLC may be to option 1 or 2 in your video .please advice.
Many thanks in advance
sowjanya you got it! On this, why do you want to open a US LLC? The UK ltd should work perfectly. You can open an LLC though, the service linked in the description, Clemta, is very good at herlping with this. Transferring the seller account can be done but will take a while, you basically get documents from Amazon to transfer ownership of the account. It might honestly be worth just opening a new one if you do the US LLC. But, as before, the UK ltd will work well
Can you help me out if i want to start sell on amazon USA , I AM FROM EGYPT what i am suppose to start with LLC OR C CORP
Thank yo so much Dan! The thing that confuses me though, what do I have to do to declare my earnings to IRS? I have a company in Turkey but everyone says I should have an LLC in the US also
Pakistan is not in the approved list, is it possible to go with method 1
Very good video ! I have a question.I have in Germany one Company and still active,can i do with my company Amazon FBA in USA and Singapur?
Yes sir, Germany is accepted for USA Amazon, just double check Singapore, I think it is as well
is it necessary to have EIN number also for method 2, llc on foreign company?
I was a US resident and have a US bank account but just moved to Uk.... : Can I keep the old US address and phone number or do I have to change them both to my UK address and Uk phone number...? Other than that its crystal clear thank you!!!!
Dan, I want to thank you for your absolutely amazingly helpful content. And I'd really appreciate it if you could clarify one thing. As I understand services such as OFX, Payoneer and etc while you're opening an account with them, ask you whether you want to register an individual or a business account. Do I understand it right, that before I register my US LLC and open an account with OFX (for example) I have to register my business in my country + open a business bank account with my local bank? Thanks again!
Dmitry you got it! Yes, you need to first open your company as you choose, then you want to register with the company's details for a business account on such a service as OFX
Hi Dan, that was a very useful video. Would I be able to start as an individual and then later when things are progressing well, setup as a business via one of these 3 options? Would i still need to setup an entirely new seller account or would i be allowed to "upgrade" my existing account to a business one?
Jose! Yes, you can often setup as an individual and later upgrade to a pro account on the SAME account. The caveat is where you live. This holds true for those who live in, for example, the USA or UK - it's easier. If you live in far off country or one not on the accepted lists, then you will want to start with a company and pro account :)
Cheers thanks Dan. I’ll be based in Germany by that time which I believe is on both the accepted lists you have referred to in some of your videos. 👌🏻 Appreciate your reply.
Hey Dan! And what if I was registered as an individual and now I want to switch to my LLC. The tax interview doesn't look clear, it looks like even if I change to my one member LLC (registered in the US) , it still shows my personal name, instead of LLC name. Any suggestions?
The only way to change the legal name on Amazon and retake the tax interview is to create a U.S. taxpayer (for U.S. tax purposes, a U.S. person), which is an LLC taxed as a partnership or corporation, for example. Then you would complete the W-9. This, of course, changes your U.S. tax responsibilities and is more advanced. The single-member LLC can work to obtain U.S. insurance for Amazon requirements, but your account will not be updated in the single-member LLC name.
@@ScottJLetourneau If I am a non-US resident and I create a single member LLC to sell on AMZ, how should I register since AMZ says that single member LLCs must be registered as INDIVIDUAL and not BUSINESS. The verification says: 1) TAX CLASSIFICATION: "INDIVIDUAL" or "BUSINESS"
2) FOR US TAX, ARE YOU A US PERSON?: YES or NO?
If I say NO, I should complete the W8 and my personal data appears in the account and if I say YES, I should complete the W9 with the company's data. There is a lot of confusion here!
@@gguido If you own the LLC, you will check individually and are NOT a US person. Ultimately, the US SM LLC DE is NOT running the Amazon business because it is not the legal entity on your account. If you want your LLC to be on your Amazon account, you must change the filing to be considered a US taxpayer. That is only step one, which is complex. Then you get into Amazon's verification requirements if they request it, which will involve a business license or utility bill.
@@ScottJLetourneau So what's the point of creating a one-member LLC if then AMZ doesn't consider it as such and considers you as a individual person?
@@gguido sellers will use it for two reasons; buy products from US suppliers or for insurance purposes only (which would not cover a claim).
A video just on time thanks a lot Dan you the best. Well i successfully opened an llc in the US using different agency than Clemta I opened AmazonSeller account then i am finally stuck in the utility bill and bank account. Amazon didn’t approve me yet to sell. Please Dan any suggestions?
Btw i like the new Deco 😁
Hassen, great job, on utility, worst case get in touch with Clemta as EFE says below, they may be able to help with that component. Thank you good sir!
@EFE YAĞIZ ILICA Thank you so much I will use Clemta then
@@DanRodgers Thank You Dan i appreciate your reply, I will definitely check with Clemta.
@Hassen Khiat @Dan Rodgers what about doing US LLC process & amz required docs, utility bills with firstbase.io ? any info to share?
Hi Dan, the value you providing is extremely good. I’ve set up my LLC in the US, bank account and Amazon account are done also. But I do not feel comfortable using a virtual address for the LLC. On Amazon all the addresses (Business address,legal entity address) is a virtual address and I am non-resident. What to do with any suspension issue?
Hi Ricardo,
Did Amazon ask for utility bill for address ? I have same issue with address
@@sapnaambalia8045please tell.me how did you resolve this issue of utility bill
My position is a Latin America LLC with a US redsident
Hi Dan, one of my British friend has a British LLC and he is selling in USA. How is it possible? He doesn't have an LLC in the US but even then he is selling in the US market.
UK is on Amazon North America's accepted list Nasir :) You don't have to have a US LLC, the country where your company is based just needs to be on the Amazon accepted list
Bonjour , Merci de nous dire comment obtenir une assurance liability demandée par amazon si > 10000$ de ventes
Hi Dan I have a question when we try open Amazon account as LLC company what do we do about the credit card that Amazon required and we can't get credit cards under company name ? Also the bank statements are going to be with zero transactions ? Please advise and many thanks as always 🙏🏽
It can actually be any approved credit card for Amazon and that is okay for the bank statements as long as the statement matches the Amazon account details (name, address etc)
@@DanRodgers not sure if Amazon will accept and individuals card if the registration is created on a company name, any chance we can make sure of this ?
@EFE YAĞIZ ILICA I had spoken to the guy and he didn't mention anything about this to me tho