Over the past few years Amazon has emerged as the leading e-commerce platform for selling all kinds of products- regardless of their origin, shape or size. It is, in short, the largest online (and soon brick and mortar as well) shopping mall in the world.
No company that wants to sell in the United States can afford not to have a presence on Amazon. Who can overlook a retailer with a yearly turnover of 17.43 billions of dollars and a 35% growth rate? However, it is important to know that to sell merchandize on Amazon—be it virtual products like software, videogames, e-books, or material goods—it is necessary to fulfill certain specific requirements.
Register a company in the US
To open a merchant account on Amazon and benefit from the services offered by Amazon Payments it is necessary to be a United States resident or to have an American bank account and social security number. For a foreign company this means having a substantial presence [or physical presence] on the territory of the United States. This can be achieved by establishing a corporation with a physical address and a USA phone number.
Open a Bank Account in the US
Another prerequisite to sell on Amazon is to have a bank account with an American bank, which automatically provides users with a debit card—another Amazon requirement.
Subscribe a product liability insurance
It is also necessary that the American company (so as to prevent disputes) purchases a product liability insurance plan before the good can be sold on Amazon. Again, insurance firms provide this type of coverage only to companies legally incorporated in the United States.
ExportUSA enables you to sell on Amazon
ExportUSA takes care of all the steps that are needed to establish a company and to start selling online on Amazon.com. It also provides service of corporation legal address, so that your company will automatically be provided with a physical address in the United States and an American phone number.
We also apply for the Employer Identification Number (which functions as a social security number for companies) on your behalf and assist you in opening a bank account in the US (we set an appointment and go to the bank with you in person). Finally we can help you find the right product liability insurance and have it underwritten for your firm.