What does an Amazon local account mean? What are the types?

What does an Amazon local account mean? What are the types?

Generally, you can register an account on Amazon. The cross-border e-commerce business of Amazon is also divided into local accounts and other account types. Of course, they need to be distinguished. What does an Amazon local account mean?

1. What does an Amazon local account mean?

1. For accounts registered by local British companies, Amazon does not withhold taxes and you can declare them yourself.

2. 85,000 pounds tax-free amount (you can save 150,000 yuan in taxes here, which is exciting to think about).

3. Low tax rate, 7.5%. However, if the total amount exceeds 230,000 yuan in a year, you need to withdraw from the low tax rate. If it exceeds, it will be directly charged at 20% (20% for Chinese companies, directly withheld by the platform).

4. It is similar to the registration fee in China.

5. Rumor has it that Amazon accounts registered by British companies have a low store closure rate.

2. Introduction to Amazon seller account types:

1.SC:

It is the most common account. More than 99.9% of the accounts we are talking about and operating are SC accounts. Whether you are self-registered or open a global store, when you log in to your account, the Seller Central logo is displayed in the upper left corner, which is an SC account. This type of account is the most common and has the basic permissions required by third-party sellers on the Amazon platform.

2. VC:

Similar to the previous VE (application for this type of account was stopped in 2018), the VC account is also a platform launched by Amazon for suppliers. Compared with VE, the VC account has greater authority and can obtain more sales data on the Amazon platform in the background. However, unlike the VE account, the VC account is invitation-based, that is, you will be invited to register only if Amazon takes a fancy to your product. This means to a large extent that this is a result that can only be achieved after the product and brand have been accumulated, rather than a result that can be achieved by pursuing nothing.

3. VE

Amazon launched a supplier platform in 2015 for US-based suppliers. It is a simplified or primary version of VC, with a self-application channel. VE can only list 85 products, and VE does not fully support A+ pages. Newly registered VE currently only provides 5 A+ product pages at most.

Local accounts on Amazon are actually local users of Amazon. The accounts they register are called local accounts. However, there is not much difference between local accounts and other accounts, and users have the same rights and interests.

Recommended reading:

Can Amazon association be saved? Are the buyer and seller accounts associated?

What does Amazon association mean? How often do I need to be reminded to associate my account?

How to upload Amazon related videos? How many steps are there to upload?

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