If you are a business then you would make business purchases and now the business purchases are possible on Amazon as well. Amazon allows you to make B2B purchases and provides B2B invoices for your purchases so that you can claim Input Tax Credit (ITC) on them.
In this post, we will learn about Amazon Business Program, its benefits, features, and how to register for an Amazon Business Account.
Amazon Business is a one-stop destination for all your business needs. It allows you to make Business to Business (B2B) purchases on Amazon. If you have a registered business then you can make business purchases on Amazon and save up to 28% on your purchases by claiming the input tax credit (ITC).
Documents Required to Crete a Amazon Business Account
To create an Amazon B2B (Business to Business) Account, you must have a Permanent Account Number (PAN) and Good and Services Tax Number (GSTIN).
Benefits and Features of Amazon B2B Account
- GST Invoice for Input Tax Credit – You will get a GST invoice on your business purchases so that you can claim the input tax credit, on select products
- Business Pricing & Bulk Discounts – You will receive an exclusive price and bulk quantity discount offered by Amazon Sellers on lakhs of products.
- Amazon’s A-to-z Guarantee – Shop millions of products on Amazon with confidence anytime
- Easy Returns & Replacements – Return for a refund or a replacement for damaged and defective items
- Fast, reliable shipping – Door-step Delivery via Amazon’s world-class fulfillment network
- Business Analytics – Get insights into business spend and analyze with customized reports
How to create an Amazon B2B Account?
Visit Amazon Business to start your account registration and click on “REGISTER NOW”
Now you have to enter your email ID.
Option 1: Convert your existing Amazon Account to Amazon Business Account
If you already have an Amazon account and you wish to convert it to a business account then enter your existing email ID. This will move your past orders to the business account.
Option 2: Creating a Separate Amazon Business Account
If you have a business email and want a separate business account then enter your work/business email ID.
Recommended: Create an Amazon Business account with your work email and keep it separate.
Convert your existing Amazon Account to Amazon Business Account
Enter your existing Amazon Account email ID.
Sign in to your account by entering the password.
Now, under ‘Convert my existing Amazon Account’. Click on next step.
In the Next Step, you have to enter your Business information.
Enter your Full Name, Business Phone, Select the Business type and Industry from the drop-down.
Business type and Industry drop down option can be seen in the screenshots provided on the right hand side.
Now select the Business license type as Goods and Service Tax Number (GSTIN) and Enter the GSTIN number in the next step.
Once you Enter your GSTIN number and click on validate, all your business information will be auto-populated. kindly verify it and click on Submit.
Creating a Separate Amazon Business Account
Enter your existing Amazon Account email ID.
In the next step, you are required to provide your Name, Email, and Password.
Enter the OTP sent to your email ID to complete the email verification step.
In the Next Step, you have to enter your Business information.
Enter your Full Name, Business Phone, Select the Business type and Industry from the drop-down.
Business type and Industry drop down option can be seen in the screenshots provided on the right hand side.
Now select the Business license type as Goods and Service Tax Number (GSTIN) and Enter the GSTIN number in the next step.
Once you Enter your GSTIN number and click on validate, all your business information will be auto-populated. kindly verify it and click on Submit.
Once you click on Submit, your business account will be created.
Please note that initially, your account is under verification. Please make business purchases only after you receive an email or a message from Amazon Business of your account being successfully verified (Verification usually take upto 3 days) otherwise you won’t get a business invoice and you will not be able to claim the Input Tax credit.
This is how you can create your Amazon Business Account and start business purchases on Amazon.
If you have any doubt please comment below or write to us at admin@how2sellonline.com
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Frequently Asked Questions - Amazon Business Account
You can save up to 28% by claiming the input tax credit on your purchases. Other benefits are business pricing, bulk discounts, business analytics, free doorstep delivery, easy returns, and replacements policy.
You can either convert your existing Amazon Account to Amazon Business Account, this will move your past orders to the business account or You can create a seprate Amazon business Account for Business Purpose. Learn how to create an Amazon B2B Account?
Yes, you can convert your Amazon account to a business account. This will move your past orders to the business account.
You can create a separate Amazon Business Account. Use a new email ID/Business email/Work email to create an Amazon B2B Account. This will keep your personal and business accounts separate.