Account problem with starting a company

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Seller_Y6C4mIOPJS2eL

Account problem with starting a company

Hi good day, firstly good sales. I opened a company in Turkey and I have been selling for 1 year, but I will close the company in 3 months and I am thinking of opening a company in England. Will this account be deleted because it is registered to a Turkish company? Or will I continue with this account because I will open a company on my own? Help me.

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Seller_rGtEcZnu0JTRD
Most helpful replyThis reply was marked most helpful by the original poster.

You need to take some advice from a UK accountant, certainly you cannot use an existing VAT number for starters as others have said, moreover be prepared for a potential long suspension if you try to add a second company to your seller account, and you intend to sell in the same categories, we went through this process a few years ago and ended up suspended for 8 months whilst this was resolved, they also held 90k of funds for over 120 days and both our companies were UK based, yours will be more complicated.

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Seller_6sxtIS0RbZ5k7

I don’t know the answer but I can think of a couple of things that may affect the answer:

Where are you based, in the UK or Turkey?

Will the new company be selling in the same category as the old one?

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Seller_7VbclcPFFRTnc

You possibly need to transfer the account
Note though, registering your company in uk rather than Turkey make have extra tax implications you may want to investigate - and still require vat registration if you choose to sell fba

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Seller_NoMNQDGnEW5Bx

If you’re in Turkey, why open a UK company?

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Seller_NoMNQDGnEW5Bx

I’d suggest you get a UK accountant before doing any of those things

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