To open an LLC in the USA, you need to first contact a registered agent or an attorney in the state where you are interested in forming an LLC. You can also utilize an online service like 'Growing America One Business at a Time.' Furthermore, you are also required to open a bank account in the US. If you form a single-member LLC, you will be considered a sole proprietor and will be taxed as such. On the flipside, if you hire employees, you will establish a regular LLC and the IRS will regard you as a partnership for the purposes of tax.For help on forming your LLC for your Amazon business visit www.itinnumberonline.com
Once the LLC is setup, you have to change the name on Amazon and enter the EIN. You won't have to create a new account; just continue using the existing seller account on Amazon.
But first you have to acquire an EIN which is not an easy process because it consumes a lot of time, so foreign Amazon sellers who are interested in obtaining an EIN need to be aware of the steps involved in the application process.
· Have a Trustworthy Business Accountant
All foreign sellers on Amazon wanting to set up an LLC in the USA must have a trustworthy and honest accountant who is experienced in dealing with LLCs and small businesses. The accountant must be able to represent the company as a third party designee.
· Prepare the Application
The accountant will also have to help you prepare the application for securing an EIN. All the necessary documentation need to be gathered and submitted for the application for an EIN.
· Contact the IRS
After all the documentation is complete and the accountant has readied the EIN application, you have to approach the IRS at the foreign investors centre and then fax a signed form to the IRS.
· Obtaining the EIN
When your application is successful and the IRS approves it, your business accountant will have to collect the employer identification number if you mention the name in the third party designee portion of the application form.
As you now know the procedures on how to open LLC in USA for Amazon sellers, you may have realized that the role of an accountant is crucial. And having one, who is professionally sound, trustworthy, and loyal, will help make the process easier and smoother for you. It is because of the services of a good and an experienced accountant that you are able to secure an EIN without an ITIN or SSN.
Source: http://www.itinnumberonline.com/how-to-open-llc-in-usa-for-amazon-sellers/
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