Seller account - Company or Individual
My seller account is an individual account and expected to form a company. Please advise if it is viable and beneficial to convert the existing account to a company account or open and new seller account for the company.
Appreciate your response
Seller account - Company or Individual
My seller account is an individual account and expected to form a company. Please advise if it is viable and beneficial to convert the existing account to a company account or open and new seller account for the company.
Appreciate your response
3 replies
Seller_ZVAz3d5lZuGid
The Individual seller account is ONLY for selling off your own personal second-hand items (eg. books, DVDs, CDs etc), OR do you mean you have the the individual selling PLAN (where you do not pay the £30 a month fee ? - they are different things.
If you are buying goods to sell on for profit you must have an Amazon BUSINESS Seller Account.
DO NOT, whatever you do open another account - you will end up in a mess, with a linked account. It is possible to change your existing account to a Business one - you must be registered with HMRC as self-employed (?sole-trader, you do not need to be a ltd company) and once you have received your UTR you can open a case with Seller Support and ask them to open up the option to add your UTR to your account.
