Should I use an individual or corporate account for Amazon payment collection? Can it be a non-legal person account?

Whether the Amazon payment account is used by an individual or a company, and whether it needs to be a legal person, involves different situations and needs. Let us introduce it in detail below.

1. Should I use an individual or corporate account for Amazon payment?

First of all, Amazon provides two types of payment accounts: personal account and business account. Which account you choose to use depends on your business model and needs.

1. Personal account

Individual accounts are suitable for individual sellers and small-scale operators. Using an individual account can quickly start selling products on Amazon without providing company information or going through additional registration processes. Individual accounts usually have lower fees, but there are also some restrictions, such as a monthly sales cap and some feature limitations.

2. Corporate Account

Corporate accounts are for officially registered businesses or organizations. Using a corporate account requires providing company information and relevant documents to verify your corporate identity. Corporate accounts usually have higher sales limits and provide more features and tools, such as bulk product uploads, customized reports, etc. In addition, a corporate account can provide more exposure opportunities for your brand and corporate image.

2. Can Amazon's payment account be a non-legal person account?

In some countries and regions, only legal persons can register business accounts to ensure the legitimacy and identity authentication of the enterprise. However, Amazon also allows non-legal entities to register business accounts in certain circumstances, such as cooperatives or organizations. For specific requirements and feasibility, please consult local relevant institutions or professionals.

Whether you choose a personal account or a business account, it is important to ensure that your account is legal, complies with Amazon's regulations, and meets local tax and legal requirements. Before registering an account, it is recommended that you learn about local laws and regulations in detail and consult professionals to ensure that your business operations are legal and smooth.

In summary, Amazon provides personal accounts and corporate accounts for sellers to choose from. Which account to choose depends on your business model and needs, and whether you need to be a legal person depends on local laws and regulations.