If you love this content, please support by subscribing to our channel. Additionally, if you have a question please send those questions to me and confirm your subscription to the channel (in the email) and I will be happy to answer them if I can!
Sir I have singel members llc in wyoming state as a forighnor company When I fill the amazon tax interview form on amazon Then what option I get select between individual vs bussiness?
@OGTAX Amazon says for single member llc the legal entity will be llc owner name instead of us llc But if we use llc owner name then bank account will be under usa llc name so there is be discrepency in deposit method And actual form w8ben has option to fill out ein but why amazon is not asking for it in tax interview? I have subscribed and waiting for your response😅
Sir I have singel members llc in wyoming state as a non usa citizen Sir when I fill the amazon tax interview then what option we get select between individual vs bussiness? Plz get help
Thank you, great video! I have LLC (single owner) but in Croatia - EU, and want to start selling on Amazon. Croatia is approved country, so is this procedure from the video applicable on my situation?
Hi Josip, the demonstration as shown in the video should work for owners of single member LLCs, regardless of the country of residence. If you have specific complications, I’ll advise that you schedule sometime with me using the link below and I’ll use my account to demonstrate how to fix those complexities. Thanks oandgaccounting.com/appointment-booking-form/
Hi Julia, welcome to the channel. The video below will explain some of the compliance requirement for Foreign owned SMLLC th-cam.com/video/S1MKs85RRug/w-d-xo.html The article below also explains the filing requirement of a foreign owned SMLLC oandgaccounting.com/foreign-owned-us-llc/7-common-questions-about-foreign-owned-u-s-llcs-answered-by-a-cpa/ If there’s any confusion after watching and reading those two resources above, I’ll advise that you schedule an appointment with me using the link below. Thanks oandgaccounting.com/appointment-booking-form/
Sir I have wyoming llc in usa as a forignor resident sir what is the differance between llc vs disregarded entity? What option I get select between( indivual vs bussiness )to get fill the amazon interview ? I get creat wyoming llc Only one owner of this company Plz get help to
Hi, I have a question. I open an amazon account with my LLC. I am in Mexico, but I rent a physical address in the US to receive all my mail. when I filled Amazon information, I used that physical address. It would be a problem if in the tax information, I change the address? Thanks in advance.
Hi Nery, welcome to the channel. What address did you use initially? The permanent address in MX? In general, when your permanent address is a foreign address, and your mailing address is US address, amazon will request for additional documentation to explain why there’s a US address when you have indicated on the interview that you’re a foreign person. As you go through the checkout, pay close attention to the documents being requested and provide them. If you’d like to schedule sometime with me to walk you through your specific scenario using my amazon account, I’ll be happy to do so. Just click on the link below at your convenience and I’ll be happy to walk you through. Thanks oandgaccounting.com/appointment-booking-form/
@@OGTAX Thank you so much for your reply. I saw your video a few more times and I took the interview again, this time I was verified. I added you to my contacts and I will definitely use your services for some things I will need in the future, like taxes and other paperwork. I was having trouble finding someone trustworthy for taxes because the accountants I contacted didn't know about foreign owner LLC. THANK YOU SO MUCH. YOU SAVED ME.
@@neryflorescreator Hi Nery, I'm exactly in the same situation my AMZ account was opened using my US address, but I realize that I have to declare my Foreign address in the Tax Interview (it's a must)... would you be so kind to tell me if you faced any problem with AMZ when you changed your address on the Tax Interview?
Hi Alex, I'm on the same situation as Nery Garcia, ... my AMZ account was opened using my US address, but I realize that I have to declare my Foreign address in the Tax Interview, I must do it in order to keep my business with 0% withholding rate .. would you be so kind to tell me if I need to change my AMZ address(my LLC address) to my foreign address? I'm really afraid if I do it ... maybe AMZ will suspend my account
Hi Yupanqui, Thanks for subscribing to the channel, we appreciate you. It is much smoother to use your foreign address to sign up with amazon - especially if you’re foreign selling person in your own name, selling through a foreign entity, or selling through a US SMLLC. It is also smoother because Amazon probably will not send documents to that US virtual address you’re planning of using, all the reports and tax documents will be right there in your seller account. Amazon generally communicate to their sellers using the email you provided (but be careful of scammers, hackers and identify thieves), and not the virtual address you have. In summary, all the important notifications and information you need from amazon after registering is right there on your dashboard and in your email, so using a US address is not needed. However, if you provide A U.S. mailing while at the same time indicating that you are not a U.S. person, then a 24% Applicable Withholding Rate will be applied to your account - meaning amazon will withhold 24% of your sales, unless you can remediate or solve the issue by providing one or more of the following pieces of evidence A written explanation and/or upload documentary evidence that supports your non-U.S. status and/or treaty residency. Some common examples of accepted documents are: • Passport, • Certificate of Residency, or National ID Card if you are an individual, or for entities a Certificate of Organization/Incorporation. Once you have collected the necessary documents, you can then return to the tax interview to provide these documents and complete your tax interview and submission. Also note that Your selling privileges will remain suspended until you submit the tax information and documents requested above. So why go through the hassle above when you can easily provide a foreign address? I hope this helps
@@OGTAX Thank you Alex, the PROBLEM is that my Country of residence, is NOT ALLOWED to sell on AMZ, that's why I opened my sellers account using my SM-LLC Address (US address) .... if I change the address to my foreign one, I guess AMZ will suspend me, so I'm so afraid of that. So, as I need to keep my US address on AMZ, but to declare my Foreign address on the W8Ben, then I don;t know if AMZ will suspend me for doing this change🙄
@@YupanquiPepper Your case is more of a special one as you’re trying to explore a “loophole”, a general advice here will not be appropriate, therefore I encourage you to set up a paid appointment with me to go over your situation. Thanks
Hello Alex, thank you for uploading this video. I'm in the same situation regarding the insurance. I noticed that you recommended to change the entity name on Amazon to the US SM-LLC but to keep the address in a foreign country on Amazon. The insurer insures the new SM-LLC with the US address. Amazon wants the seller to upload the insurance certificate. On the insurance certificate the Name matches the entity but the address does not match. Also in the unlikely event a insurance claim occurs, what will happen? On Amazon a claim against XYZ LLC. in Canada but the actual LLC is in Delaware for example... Still somewhat confused.
Hi there, welcome to the channel. Do you still need help with your query above ? If so, please use the link below to schedule sometime with me and I’ll walk you through the challenges you may encounter. Thanks oandgaccounting.com/appointment-booking-form/
Hi ralfbkk0606, I have the same situation like you. Did you do according to this process (registering with your own address but in LLC name) and Amazon accepted that including the insurance?
@@ralfbkk0606 Many thanks, that's a relief! Did you update your US LLC business address into Amazon as a business address or did you leave that as your permanent address? This way the US LLC business address and the insurance address would match.
If you love this content, please support by subscribing to our channel. Additionally, if you have a question please send those questions to me and confirm your subscription to the channel (in the email) and I will be happy to answer them if I can!
This is the best video for NON - US LLC! Thanks
Sir I have singel members llc in wyoming state as a forighnor company
When I fill the amazon tax interview form on amazon Then what option I get select between individual vs bussiness?
@@usmanfarooqofficial1178 watch the video
@@usmanfarooqofficial1178individual and then no and then fill up form
With your residential address
@OGTAX
Amazon says for single member llc the legal entity will be llc owner name instead of us llc
But if we use llc owner name then bank account will be under usa llc name so there is be discrepency in deposit method
And actual form w8ben has option to fill out ein but why amazon is not asking for it in tax interview?
I have subscribed and waiting for your response😅
Sir I have singel members llc in wyoming state as a non usa citizen
Sir when I fill the amazon tax interview then what option we get select between individual vs bussiness?
Plz get help
Thank you, great video! I have LLC (single owner) but in Croatia - EU, and want to start selling on Amazon. Croatia is approved country, so is this procedure from the video applicable on my situation?
Hi Josip, the demonstration as shown in the video should work for owners of single member LLCs, regardless of the country of residence.
If you have specific complications, I’ll advise that you schedule sometime with me using the link below and I’ll use my account to demonstrate how to fix those complexities. Thanks
oandgaccounting.com/appointment-booking-form/
@@OGTAX Thanks for the reply! Ok, if I face any difficulties while opening the account, will consider to contact you.
Thanks for the video!! It was very helpful.
Why i cant put my llc address as permanent address. Im a non us resident but my llc has a virtual business addreess
apart from form 5472 and proforma 1120, do we also need to file form 1040 NR ?
Great video! But what about taxes for foreign owned single member LLCs? Will IRS expect 5472+1120?
Hi Julia, welcome to the channel.
The video below will explain some of the compliance requirement for Foreign owned SMLLC
th-cam.com/video/S1MKs85RRug/w-d-xo.html
The article below also explains the filing requirement of a foreign owned SMLLC
oandgaccounting.com/foreign-owned-us-llc/7-common-questions-about-foreign-owned-u-s-llcs-answered-by-a-cpa/
If there’s any confusion after watching and reading those two resources above, I’ll advise that you schedule an appointment with me using the link below. Thanks
oandgaccounting.com/appointment-booking-form/
Sir I have wyoming llc in usa as a forignor resident sir what is the differance between llc vs disregarded entity?
What option I get select between( indivual vs bussiness )to get fill the amazon interview ?
I get creat wyoming llc
Only one owner of this company
Plz get help to
Hi, I have a question. I open an amazon account with my LLC. I am in Mexico, but I rent a physical address in the US to receive all my mail. when I filled Amazon information, I used that physical address. It would be a problem if in the tax information, I change the address? Thanks in advance.
Hi Nery, welcome to the channel. What address did you use initially? The permanent address in MX?
In general, when your permanent address is a foreign address, and your mailing address is US address, amazon will request for additional documentation to explain why there’s a US address when you have indicated on the interview that you’re a foreign person.
As you go through the checkout, pay close attention to the documents being requested and provide them.
If you’d like to schedule sometime with me to walk you through your specific scenario using my amazon account, I’ll be happy to do so.
Just click on the link below at your convenience and I’ll be happy to walk you through. Thanks
oandgaccounting.com/appointment-booking-form/
@@OGTAX Thank you so much for your reply. I saw your video a few more times and I took the interview again, this time I was verified.
I added you to my contacts and I will definitely use your services for some things I will need in the future, like taxes and other paperwork.
I was having trouble finding someone trustworthy for taxes because the accountants I contacted didn't know about foreign owner LLC. THANK YOU SO MUCH. YOU SAVED ME.
@@neryflorescreator Hi Nery, I'm exactly in the same situation my AMZ account was opened using my US address, but I realize that I have to declare my Foreign address in the Tax Interview (it's a must)... would you be so kind to tell me if you faced any problem with AMZ when you changed your address on the Tax Interview?
Hi Alex, I'm on the same situation as Nery Garcia, ... my AMZ account was opened using my US address, but I realize that I have to declare my Foreign address in the Tax Interview, I must do it in order to keep my business with 0% withholding rate .. would you be so kind to tell me if I need to change my AMZ address(my LLC address) to my foreign address? I'm really afraid if I do it ... maybe AMZ will suspend my account
Hi Yupanqui,
Thanks for subscribing to the channel, we appreciate you. It is much smoother to use your foreign address to sign up with amazon - especially if you’re foreign selling person in your own name, selling through a foreign entity, or selling through a US SMLLC.
It is also smoother because Amazon probably will not send documents to that US virtual address you’re planning of using, all the reports and tax documents will be right there in your seller account.
Amazon generally communicate to their sellers using the email you provided (but be careful of scammers, hackers and identify thieves), and not the virtual address you have.
In summary, all the important notifications and information you need from amazon after registering is right there on your dashboard and in your email, so using a US address is not needed.
However, if you provide A U.S. mailing while at the same time indicating that you are not a U.S. person, then a 24% Applicable Withholding Rate will be applied to your account - meaning amazon will withhold 24% of your sales, unless you can remediate or solve the issue by providing one or more of the following pieces of evidence
A written explanation and/or upload documentary evidence that supports your non-U.S. status and/or treaty residency.
Some common examples of accepted documents are:
• Passport,
• Certificate of Residency, or National ID Card if you are an individual, or for entities a Certificate of Organization/Incorporation.
Once you have collected the necessary documents, you can then return to the tax interview to provide these documents and complete your tax interview and submission.
Also note that Your selling privileges will remain suspended until you submit the tax information and documents requested above.
So why go through the hassle above when you can easily provide a foreign address?
I hope this helps
@@OGTAX Thank you Alex, the PROBLEM is that my Country of residence, is NOT ALLOWED to sell on AMZ, that's why I opened my sellers account using my SM-LLC Address (US address) .... if I change the address to my foreign one, I guess AMZ will suspend me, so I'm so afraid of that.
So, as I need to keep my US address on AMZ, but to declare my Foreign address on the W8Ben, then I don;t know if AMZ will suspend me for doing this change🙄
@@YupanquiPepper Your case is more of a special one as you’re trying to explore a “loophole”, a general advice here will not be appropriate, therefore I encourage you to set up a paid appointment with me to go over your situation. Thanks
Hello Alex, thank you for uploading this video. I'm in the same situation regarding the insurance. I noticed that you recommended to change the entity name on Amazon to the US SM-LLC but to keep the address in a foreign country on Amazon. The insurer insures the new SM-LLC with the US address. Amazon wants the seller to upload the insurance certificate. On the insurance certificate the Name matches the entity but the address does not match.
Also in the unlikely event a insurance claim occurs, what will happen? On Amazon a claim against XYZ LLC. in Canada but the actual LLC is in Delaware for example... Still somewhat confused.
Hi there, welcome to the channel. Do you still need help with your query above ?
If so, please use the link below to schedule sometime with me and I’ll walk you through the challenges you may encounter. Thanks
oandgaccounting.com/appointment-booking-form/
@@OGTAX i need help like him with those
Hi ralfbkk0606, I have the same situation like you. Did you do according to this process (registering with your own address but in LLC name) and Amazon accepted that including the insurance?
@@rafflesikon8590 Hi Raffles, yes Amazon accepted it.
@@ralfbkk0606 Many thanks, that's a relief! Did you update your US LLC business address into Amazon as a business address or did you leave that as your permanent address? This way the US LLC business address and the insurance address would match.