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Written by : Reid Kautzman |
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what's up guys what's going on today i want to talk about how to start your llc or your business for amazon fba so i want to talk about all the possible options so if you're a us citizen uh just state by state if you live outside the country canada uk or even countries that aren't allowed to sell on amazon what should you do for your business for amazon fba so i'm gonna go through all these options with you today before we get started i want to welcome anybody new to the channel my name is cameron james i've been selling amazon for over three years now first year i did over 1.3 million dollars in sales which was a a crazy ride but anyways guys if you guys want to learn more about amazon fba uh you know my journey all the new strategies everything like that make sure you hit that subscribe button down below uh that way you do not miss a thing otherwise guys let's just get right into it alright guys before i go and show you exactly how i set up my own personal llc i'll walk you through step by step of everything i do that way you know exactly how to set up yours i first want to go through every single option depending on you know where you're living at uh if you're a us citizen or if you're not a us citizen uh that way you guys know exactly what you should be doing in your circumstance uh so the first circumstance i wanna talk about is if you are a us citizen right so this is the most ideal circumstance you can be in everything becomes a lot easier so what you can do is you can actually just go to your state website to file for your llc so obviously an llc is very important any type of business for amazon fba is important especially when you start to scale do private label just because if you do it on your personal account or individual account then you're personally liable if anything happens god forbid someone chokes and gets hurt on your you know with your toy or whatever it may be then you're personally liable they can sue they can go after your personal assets with an llc or a business depending on your circumstance you can be you know protected from that so they can only sue for what the business is worth or what the business owns they can't go after you personally and when you have a family and you have a home and you have cars things like that this is something you just need to do for you know having a business uh which amazon fba is a weird business but it is still a business so getting back into it the first option if you're a us citizen you can just go to your state website to file so what i mean by this is you know i live in colorado so i can type in colorado loc file and then the first thing that should pop up here is yup file online so i go to the state website and i can file for an llc right here so this is going to be your cheapest option but then you got to put a little work into it and make sure you're filling out everything correctly if you guys do not want to do this yourself you can use a service so zen business right here is a good one for state by state so just type in your business type llc uh your state and you know maybe colorado uh for you know whatever state you're in right also legalzoom is another one that's it's a little more popular but i think it's a little more expensive zen business is a little more affordable it's 49 plus state fees and everything like that so that's pretty standard that's on the lower side just to kind of give you reference legal zooms a little more than that but they are i would say the more legit company in the field but you know it's pretty simple for any lawyer to file an llc uh you know i actually don't do any of these and i'll explain here in the end and walk you through exactly how i do it uh for me and uh yes i am a u.s citizen and everything like that so the next one guys here is if you live outside the usa and what you should do so i i just put this header here that's why it looks a little different that way people can follow along a little better but if you are on the accepted list for amazon.com so meaning that you are in the amazon.com accepted you know countries list and that they're okay with you making an account from that country so it makes things easier and it actually makes a lot of sense to just make a business in your home country uh if you're on the accepted amazon list you know in canada i believe the best one to make is a corporation or the equivalent for an llc in the uk i believe it's an ltd don't go quote me on that exactly if you know if you're from the united kingdom you're going to know a lot more than me what the equivalent is over there but you guys the first thing you need to do is to make sure that you're on the accepted list so i got the link right here but you can just google seller central accepted countries but let's take a look real quick this is what it looks like and you can see all the different countries that are accepted uh for selling on amazon.com which just means you can sell in the usa on amazon but that's what i'd recommend i should make things a lot easier for you that way when you go set up you know your business bank account uh you know everything's right there uh in your home country instead of you having a bunch of entities uh in the usa when in reality it's not worth that uh at all but if you don't want to file inside your country uh if you don't want to file inside your state this applies for both you so this is actually what i personally do so what i do is actually just make my llc with this company right here buffalo registered agents llc what i do is i get a registered agent and i form an llc or corporation in wyoming so why i do this mainly just because it's it's super easy you'll talk to a cpa about this but i tax benefits for me since i'm living in colorado and have a wyoming address i still paid state taxes in colorado but you know the cpa might have workarounds for that again i can't give you any advice there but why do this is because it's easy uh the privacy laws uh for it are awesome too so in wyoming they actually don't get to see your name attached to the llc which is awesome for an amazon business to keep you protected for this company in particular as well i get a wyoming address uh all my mail gets forward there so it is they scan it back email it to me so uh as a you know a four hour workweek entrepreneur this is just a perfect system for me without having to mess with just these things myself i can i can literally set up an llc i have which i've done five times with the exact same process which i'm going to walk you through here in a little bit that way you know exactly how to fill out everything but that is what i recommend for you if you don't want to you know register in your country uh you know you don't want to register in your state maybe it's california you're trying to avoid some certain taxes or anything like that again i'm not a cpa i can't give you legal advice there so next what you should know about is an ein so after you get your llc you're going to file for what's called an ein so this is like your social security number but for your business so this is how the us government uh you know recogn
Thanks for your comment Candance Gilberg, have a nice day.
- Reid Kautzman, Staff Member
Thanks for this interesting article
Thanks saraerrffz your participation is very much appreciated
- Reid Kautzman
About the author
I've studied computer security and reliability at University of Maryland Eastern Shore in Princess Anne and I am an expert in philosophy of law. I usually feel dirty. My previous job was ship master I held this position for 12 years, I love talking about talking and zebra hunting. Huge fan of Helen Keller I practice athletics and collect autographs.
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