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Amazon Seller Account Ownership Transfer

May 23, 2023
Amazon Seller Account Ownership Transfer

One mistake can ruin your Amazon business! 

If you’re acquiring an Amazon FBA Brand or buying an Amazon Seller Account, how you execute the Amazon Seller Account Ownership Transfer process can make a huge difference in its success … .or failure!

With an in-depth knowledge of Amazon’s Verification process, you will be able to update the ownership – including the necessary information – without triggering any complications or additional verification steps.

When you’re getting reading for the transfer, here are criteria that can make a critical difference in its success:

  • Amazon’s authorization
  • New credentials – and up-to-date supporting documentation
  • Valid tax information

Amazon’s Authorization for Amazon Seller Account Ownership Transfer

As part of the transfer process, we notify Amazon that a sale and ownership transfer will take place. We are tenacious and patient, as it’s not unusual for Amazon to respond with “template-style” questions that are inane and irrelevant. We are tenacious and continue our contact with Amazon. The right customer service support member will eventually attend to the issue. We will not initiate the transfer until we receive the desired response – permission to transfer the Amazon Seller account.

New Credentials for Amazon Seller Account Ownership Transfer

When you transfer ownership, the new account owner’s credentials must be NEW. That means that the following documentation must have been never used before on Amazon:

  • Email address
  • Phone number
  • Credit Card (for charge methods)
  • Bank account (for deposit methods)
  • Accurate, clear, and current supporting documentation
  • We highly encourage our clients to use a VPS.

Valid Tax Documentation

For US taxpayers:

  • You will need to provide Amazon with the appropriate tax identity in the form of a W-9 or W-8BEN form
  • A TIN is required by the IRS for the administration of tax laws. In most cases, your TIN is either an Employer Identification Number (EIN) or a Social Security Number (SSN)

For non-US taxpayers:

  • IRS regulations require non-U.S. taxpayers to provide Form W-8BEN to Amazon to be exempt from U.S. tax reporting requirements
  • IRS regulations require Amazon to collect identifying information from sellers who have a US address, US banking information, or other identifying information connecting the seller to the US.

Purchase Offer, Dissolution of Partnership

Whether you’re purchasing an existing Amazon seller account from our team at AIA ASSETS, or selling an Amazon Seller account, you need to ensure that the sale is legally binding. Just as you would never make a real estate purchase without a signed offer, and contract, digital real estate is the same. When you take legal ownership of a new Amazon Seller Account, you want to ensure that there is documentation supporting this purchase.  Our process is transparent and secure. Buy an account today, and start selling tomorrow! Contact our sales team to get a free valuation of your seller account!

The stakes are high, so tread carefully!

Ready To Buy an Amazon Seller Account?