Make the most out of your Qonto account with a German IBAN, integrated invoice management, bookkeeping and spend management tools. All with a range of payment options like instant SEPA transfers, as well as physical and virtual cards included in your plan. Fairly priced, and 100% secure.
The Qonto business account is a current account specifically designed for companies. Just as with a personal current account, you can make and receive payments, only business accounts generally come with additional services that help support the company’s day-to-day finance management.
For most entrepreneurs it makes sense to open a business account for their company, if only to keep personal and business finances separate. Not only does it prevent any misattributions of funds, but come tax declaration time it makes it that much easier to outline your business’ financial activity, as well as provide justification when necessary.
If you’re looking to or have already set up a KG, there is no legal obligation to open an associated business account. However, since you are required to maintain double-entry books and prepare a balance sheet for your KG, we highly recommend opening a business bank account to make that process easier for you.
To open a business account with Qonto, you need the following information:
legal name;
type of company (legal form);
registration date;
your Handelregisternummer;
type of business activity;
industry;
industry code;
number of employees;
ownership and company structure;
and most importantly - financial ratio projections.
Additionally, for identification purposes we’ll need you to perform a video identification test via our partner, IDnow, where a consultant will check your identification documents online in real-time.
With Qonto, you can update your plan anytime from your app (desktop and mobile).
