Seller_gzzF5P8epzYT6
Swapping account from limited to sole trader
Due to size of the business I am going to move from a limited company to a sole trader setup. How do I go about doing this on amazon ? Is it possible ?
Tags:Account Health
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4 replies
Seller_DROodOAYHftnc
Did you set it up as Ltd right from the start ? - any reason why ?
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Seller_7VbclcPFFRTnc
I believe you may have to transfer the account - but check with SS
You’ll presumably need to dissolve the ltd first and transfer any vat numbers
You’ll also need an up to date utr confirmation letter from hmrc and a new bank account
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Seller_DROodOAYHftnc
Yes, I agree about dissolving the ltd first, as I am not sure that you will be able to register as sole-trader until that is done.
Was your Ltd VAT registered ? - if so, you will need to sort that out too.
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