UK ACCOUNT OPENING FOR PL📣
I often find lots of beginners confused about Amazon Account creation and initial phase of Company formation.
Here is the simplified version!!
For Account Opening as a Pakistani Resident we require following details.
✅ Pakistani passport
✅ Pakistani Residential address
✅ UK LTD Company + Bank Account (TransferWise)
Best Bank account from Pakistan
✅ Meezan Bank
STEP 1:
For Company Formation you need to have physical address, phone number of UK and passport details.
COMPANY FORMATION UK LTD FEES
Company registration set up fees: £12
Virtual address/ Physical is recommended (Enablers): £150-200
Phone number (Vyke): £20
TransferWise account setup
Amazon professional account fees: $39.99/ Month.
STEP 2:
For Amazon Account Creation you need to have:
Email address
ID / Passport / Driving License
Phone Number
Address
Bank Account Details
Bank Statement / Utility Bill
Credit/Debit card
Company Creation Documents (Incorporation certificate)
Company Registration Number
STEP 3:
After account creation in the case of PL you have to register trademark.
Trademark Cost in UK: £170 with one class fee. Additional class will cost you £50 each.
STEP 4:
Start sellinwg in UK through VAT Exemption before reaching threshold of 85k GBP.
Regards Fatima Khan