Changing the Account Information from an Individual to a Legal Entity
Today we will discuss changing the account information from an individual to a legal entity. Each seller pursues his own interests through such actions, there is no prescription for such manipulations.
The main points that must be accomplished before beginning the process of account changes are listed below.
1. The company must be registered already.
2. You should prepare all documentation, including the EIN. When we change information in the account, we will use the EIN first.
3. The address of the company that you will use on Amazon should be unique. Otherwise, there is a chance to have a Related Accounts Suspension. A virtual address may be an option here. For this address, you will get the postcard, if needed, and then you will be able to verify your address. Unfortunately, not everything is that straightforward: when Amazon requests a utility bill, not all companies who provide virtual addresses may provide it to you.
4. Charge method. It should also update this information along with the cardholder’s name. If the former account owner is also the new company’s owner, then you may use old charge methods in the account.
5. Deposit method. If it is not updated, you will be unable to withdraw funds from your account.
6. There are cases where you may need to update your phone number or email address in addition to all of the above. Normally, this data does not change, but if such a requirement arises, it is preferable that you already have this data prepared.
The transfer of the account from individual to legal entity takes place slowly, with each change accompanied by a case to Seller Support. If Amazon has any concerns, it will be simple to show evidence of each step.
We suggest you not make all changes at once. It is better to take another 1-2 days to update every kind of information so that your account activity does not appear suspicious to Amazon.
The most difficult moment in the transfer is the change of the Deposit Method because Amazon checks it meticulously.
If you have any questions concerning this issue, please contact us and we will do our best to answer them.
