Jeff Bezos established one of the biggest online retailers, Amazon, in 1994. The business has expanded its global reach as it has grown rapidly over time. Many people have recently questioned if Amazon Com LLC and Amazon are the same company. Yes, Amazon Com LLC and Amazon are the same company.
Accordingly, Amazon Com LLC is the company in charge of running the online store Amazon.com. A division of Amazon.com, Inc. is Amazon Com LLC. The website offers a variety of goods for sale, including books, clothing, furniture, electronics, and more. Amazon.com is renowned for its quick shipping, simple returns policy, and wide range of goods.
What city does Amazon LLC call home? The headquarters of Amazon LLC are in Seattle, Washington, and the company has offices and fulfillment sites all around the world. The company is well-established in numerous nations, including the UK, Germany, Japan, and India.
You might also wonder why Amazon switched from Inc to LLC. In 2015, Amazon switched from being a corporation (Inc) to a limited liability business (LLC). The action was taken in an effort to lower the company’s tax liability and streamline its organizational structure. Amazon is not subject to federal income tax because it is taxed as a partnership because of its status as an LLC. Instead, the company’s revenues are distributed to its shareholders, who are then taxed on the portion of profits that belongs to them.
What does LLC mean in terms of commerce? Limited Liability Company, or LLC, is a type of business organization that combines the tax advantages of a partnership with the liability protection of a corporation. Because they provide personal liability protection, adaptable management structures, and pass-through taxation, LLCs are popular among small business owners.
In conclusion, Amazon Com LLC and Amazon are the same company. Amazon is a major international retailer of goods online. In order to streamline its business form and lower its tax liability, the company switched from a corporation to an LLC in 2015. Amazon is liable to partnership taxation because it is an LLC, which has various tax advantages.