Transfer account to another Ltd company, same owner

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Seller_XYbBtTKmLNOKR

Transfer account to another Ltd company, same owner

Is it possible to transfer a seller account to another Ltd company owned by the same person? Or has anyone tried? The short version is this:

  • I own two Ltd companies (call them A and B)
  • I’m the sole shareholder and beneficial owner for both companies
  • At the moment, I use A for pretty much everything (Amazon, plus consultancy and freelance work), whereas B is just for a sideline (selling via a Shopify site and Etsy)
  • Both companies are VAT registered
  • It’s got too complicated with company A (mainly to do with VAT and separation of company activities)
  • So my thoughts are to transfer the seller account to company B and use B solely for Amazon (and let Amazon do the VAT calculations)
  • And move the existing Shopify/Etsy stuff to either sole trader or another Ltd company (that’s simple enough)

I suppose the alternative would be to do the opposite (use company A solely for Amazon and switch my consultancy and freelance work to company B), but that would be a pain too. Although having read the horror stories about account suspensions, it might be easier anyway.

Any thoughts? Thanks.

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Seller_7VbclcPFFRTnc

where are you based ?

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