Amazon is divided into multi-site sales, but the account of the US station can freely switch to three sites for sales in the Amazon background (US/Canada/Mexico). At the same time, because Amazon has many preferential policies for the accounts registered by local companies, the probability of being censored is also Relatively low, so many cross-border sellers are keen to register for Amazon US accounts.

Before that, there is still a very important step: registering a US company, because the main body of a US company can better enjoy local preferential policies when entering Amazon. At the same time, operating an e-commerce platform needs to file taxes in the United States, and must have EIN, and EIN You need to go through a U.S. company to apply, so no matter what perspective, sellers need to register a U.S. company.

1

What are the advantages of an Amazon US store account?

1. Logistics: The logistics costs of local stores in the United States, including warehousing costs, are lower. The use of self-owned warehouses reduces long-term warehousing risks, and the initial capital pressure of domestic sellers is smaller than that of domestic sellers.

2. Permissions: Local sellers’ accounts are easier to obtain higher permissions.

3. Trust: The same local stores are more trusted by American consumers. When customers shop, they must choose American companies first for the same products, which can increase sales.

4. Time: The time it takes for an American company to apply for a store account is shorter than for other registration methods, and it can apply for more product categories than a Chinese company. For example: jewelry, pesticides, etc.

5. Extra care: As an American company, Amazon will be more tolerant to American companies, and will take care of store closures and promotions. For example, the account closure rate applied by US companies is less than 1%, and the account closure rate applied by mainland and Hong Kong companies is as high as 30%.

6. It is easier to obtain invitations to high-authority accounts such as VC accounts: The communication between American sellers and Amazon's customer management team is relatively direct and convenient.

In addition to this, owning a US company has many additional benefits for cross-border sellers.

From a payment perspective

When cross-border sellers gradually expand their stores, the monthly sales revenue is often hundreds of thousands or even millions of dollars. At this time, if they still use third-party payment service providers such as P cards to collect payments, even 1% per month The service fee is also a huge expense.

If you use a bank account opened by an American company to collect money, whether it is Amazon, Paypal or even Stripe, you can transfer money to a U.S. bank account through ACH, and these are completely free. Of course, if you withdraw to a Chinese bank account, a handling fee may be deducted from the amount withdrawn.

From a platform policy perspective

Whether it is a platform in the United States or some other countries, there will always be many restrictions on the registration application of Chinese sellers, and using the US company registration can avoid these troubles.

In addition, U.S. companies have their own tax IDs. For businesses that need to be handled with tax IDs, they don’t have to worry so much, and they can face it in a reasonable and compliant manner.

2

Is it difficult to register a US company

Registering a US company is actually much simpler than everyone thinks, but you must do your homework in advance, choose the registration state and registration type, and register rashly, and there may be a series of troubles later.

Of course, you don't have to worry. If you have any questions, you can consult Dream Business Services. We have professional American accountants who can register the most suitable company according to the different needs and situations of customers. There will also be a commissioner to remind you in the later annual tax declaration, so you don't have to worry about it. Forget the time to file the annual tax return and miss the situation.

3

US company audit procedures

Application conditions: More than one company director and shareholder (natural or legal person without nationality restrictions), valid identification documents (ID card or passport).

Name selection: There are no restrictions on the company name, as long as there is no duplicate name in the search; the general name is followed by CORP (CORPORATION), LTD (LIMITED), INC (INCORPORATED) or CO (COMPANY), LLC and other words.

Please include three company names when registering to avoid delays due to unavailability of names.

Registered capital: Different continents have different registered capital (please consult Dream Business Service customer service for details), no verification of capital is required.

When registering a company, it is necessary to state the amount of shares issued when the company was established. Usually a company initially issues 3,000-50,000 shares. The number of shares issued by your company can be increased at any time after incorporation.

Processing time: about 2-3 working days.

Completed documents: company registration certificate Article, EIN tax payment certificate, company articles of association, company meeting minutes, shareholder list, share certificate, company seal

After owning a U.S. company, you can apply for registration of the MXKPay dream payment virtual card, which is certified and issued by international credit card organizations Visa and MasterCard, and can easily handle various overseas payment scenarios.

There is no limit to the number of open cards, which can be charged and used at any time, set spending limits anytime and anywhere, and control the location and method of corporate spending; automatically generate transaction records, generate activity reports in real time, and support various data export; Grow your team, invest in higher value innovations, expand your reach and improve profitability.

about us

MXKPay, headquartered in Los Angeles, USA, is a leading payment expense management platform and enterprise-level virtual credit card service provider under Dream Financial Services. We provide easy-to-use and powerful payment and expense management solutions, specially designed for small, medium and micro enterprises.

Our brother brand, Dream Business Services, provides business owners and employees on our platform with a full range of local solutions for US companies, taxation, banking, and more. Our vision is to strive to create business opportunities for China and the United States, and help 100,000 small and medium-sized enterprises grow and make profits!