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Limited Liability Partnership (LLP) in Singapore — Amazon FBA & E-Commerce Formation Guide

For non-US residents, a US LLC (e.g., Wyoming or Delaware) is highly popular for Amazon FBA because it provides easy access to US payment gateways (Stripe, Mercury) and Amazon US, often with 0% US corporate tax if structured correctly. If selling primarily in Europe, a UK LTD or Estonian OÜ simplifies VAT registration and OSS compliance.

Last verified: June 13, 2026

Corporate Tax

0.0%

State Tax

0.0%

Formation Cost

$90

Annual Fee

$23

Forming a Limited Liability Partnership (LLP) in Singapore as a Amazon FBA & E-Commerce means a total tax burden of 0.0% and an official formation cost of $90. There is no minimum capital requirement. Standard formation takes 1-3 business days, or 1 day expedited. This guide covers the steps, tax breakdown, banking options, and compliance requirements — all from verified data.

First-year total cost

$2,267

Ongoing (per year)

$1,672

Detailed cost calculator →

Why Limited Liability Partnership (LLP) for Amazon FBA & E-Commerce?

A business model where you sell physical products on Amazon's marketplace, utilizing their Fulfillment by Amazon (FBA) network. Choosing the right jurisdiction is critical for managing inventory taxes, VAT/Sales Tax nexus, and accessing global payment gateways.

Ideal for

  • US LLC (Wyoming/Delaware) for the US market
  • UK LTD for the European market
  • Estonian OÜ for digital nomads
  • UAE Free Zone for tax-free scaling

Challenges to watch

  • Sales tax and VAT compliance across multiple states/countries
  • Strict Amazon seller account verification processes
  • Product liability risks requiring corporate shields
  • Managing multi-currency cash flows and high conversion fees

Key decision criteria

  • Does the jurisdiction support easy Amazon Seller Central registration?
  • Can you easily open a business bank account compatible with Amazon disbursements?
  • What are the VAT or Sales Tax nexus implications for where your inventory is stored?
  • Do you need product liability insurance, and is it available for your entity type?

Limited Liability Partnership (LLP) formation requirements

Minimum capital

None

Standard timeline

1-3 business days

Expedited timeline

1 day

Local director

Required

Registered office

Virtual office allowed

Notarization

Not required

An LLP must appoint at least one manager who is ordinarily resident in Singapore (Citizen, Permanent Resident, or eligible Employment Pass holder).

See the full guide for all documents and requirements →

Estimated breakdown (based on avg. $150,000 revenue)

Gross Revenue$150,000
Corporate Tax-$0
Formation Cost-$90
Annual Fee-$23
Net Profit$149,887

Simulate with your own revenue →

VAT / Sales Tax

Standard rate 9%. Registration threshold: 1,000,000 SGD. Foreign digital service providers must register for GST under the Overseas Vendor Registration (OVR) regime if their global turnover exceeds SGD 1 million and B2C digital services to Singapore exceed SGD 100,000.

Banking & payments for Amazon FBA & E-Commerce

Opening a traditional bank account in Singapore can be challenging for non-resident founders due to strict KYC and AML regulations, often requiring an in-person visit. However, digital platforms like Aspire and Wise offer fully remote account opening with much higher approval rates for LLPs.

Supported payment gateways

StripePayPalHitPayAdyen2Checkout

Remote-friendly accounts

  • Aspire

    A leading all-in-one finance operating system for businesses in Southeast Asia, offering fully remote account opening.

  • Wise

    Excellent for multi-currency accounts and international transfers with low fees.

  • Revolut Business

    Provides corporate cards, multi-currency accounts, and expense management tools for modern startups.

Singapore incentives & advantages

Enterprise Development Grant (EDG)

Funds up to 50% of qualifying project costs, including third-party consultancy fees, software, and internal manpower.

Limited Liability Partnership (LLP) formation steps

1

Choose and reserve an approved business name with ACRA via the BizFile+ portal (reservation is valid for 120 days).

2

Appoint a minimum of two partners (individuals or corporations) and at least one local resident manager.

3

Secure a local registered office address in Singapore (P.O. Boxes are strictly prohibited).

4

Draft a formal Partnership Agreement to clearly define profit sharing, management responsibilities, and partner exit strategies.

5

Submit the registration application and pay the S$115 registration fee and S$15 name fee to ACRA.

6

Set up the Register of Registrable Controllers (RORC) within 7 days of successful registration.

7

Open a corporate bank account in Singapore using the newly issued Unique Entity Number (UEN) and business profile.

Amazon FBA & E-Commerce FAQ

Can I open a US Amazon FBA account as a non-US resident?

Yes. Forming a US LLC allows you to get an EIN and open a US business bank account, which makes the Amazon Seller Central verification process much smoother and avoids high currency conversion fees.

Do I need to pay US taxes if I sell on Amazon US?

If you are a non-US resident with a single-member LLC and no physical presence (ETBUS) in the US, you may not owe US federal income tax. However, you must still collect and remit Sales Tax in states where you have economic or physical nexus (like storing inventory in an Amazon warehouse).

Which is better for Amazon Europe: UK LTD or US LLC?

A UK LTD is generally better for Amazon Europe as it simplifies obtaining a UK/EU VAT number and EORI number, which are mandatory for importing and storing goods in European fulfillment centers.

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