Do I need a business account to sell on Amazon?

Updated: 7 March, 2024 · 3 min read

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It’s estimated that between 5%–10% of eCommerce businesses use a personal account rather than a business account when they sell on platforms like Amazon. So you may be wondering – do I actually need a business account to trade on Amazon?

Open a business account with ANNA and get your taxes sorted

With ANNA you get a debit card, automated bookkeeping, a personal payment link, up to 40% cashback and 24/7 customer support

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Advantages of a business account

Advantages of a business account

In Amazon’s sign-up process they don’t draw a distinction between business and personal accounts but they will validate the account to make sure it meets their basic checks for fraud.

You CAN use a personal account, but there are several reasons why it’d be helpful to use a business account instead:

A separate account makes things much simpler for HMRC and can be used to ringfence personal activity from business transactions
It’s great for simplifying everyday business admin
Over time you can build your business credit rating. There are lenders specialising in eCommerce lending products
It looks professional when making business transactions

If you run a limited company then a business account (such as ANNA’s!) is a legal prerequisite for doing business.