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How does the account opening for German companies in formation work with Qonto?
How does the account opening for German companies in formation work with Qonto?

Open a business account in the start-up phase with Qonto. Now in four easy steps.

Updated over a week ago

You are welcome to register with Qonto and open an account even if your company is still in the start-up phase.

For the german market we currently offer foundation accounts exclusively for the legal forms of Gesellschaft mit beschränkter Haftung (GmbH) and Unternehmergesellschaft (UG) as well as their special non-profit forms gGmbH in Gründung and gUG in Gründung.

We accompany you from the registration with Qonto, through the deposit of your share capital to the final opening of the account. Registration takes place in four simple steps.

➡️ Click here to open an account for founders

⚙️ Step 1 - Registration

One of the owners of your company starts the registration process here.

Enter your company details and provide information on the beneficial owners and legal representatives.

Upload the foundation documents directly during registration. The foundation documents must be signed and notarised with a stamp or seal. The list of shareholders must be signed by all shareholders.

The person submitting the account application confirms his/her identity via video call with IDnow. He/she must be in possession of a valid European identity document or a work permit for Germany.

If the person submitting the account application is not a legal representative of the company, a power of attorney must be filled out and signed when opening the account.

You can find out more about opening an account with a power of attorney here:
Who can open a Qonto account on behalf of my company?

⚙️ Step 2 - Deposit of the share capital

All owners who have shares in the company are now added to the account by us and deposit their share capital into a separate account at Qonto. Once the full share capital has been correctly deposited, it will be transferred to a final IBAN.

⚙️ Step 3 - Trade register application

You will now automatically receive proof of the final bank account with the share capital for submission to the notary.

Your advantage - when registering, you can directly enter the notary's e-mail so that he or she receives a copy.

⚙️ Step 4 - Activating your account at Qonto now even easier & faster!

After you have completed the commercial register application with the notary, upload the notarised commercial register application to your account.

🚀 Done! We will activate your account immediately after verification. You avoid unnecessary waiting time until the commercial register entry.

👉Important notes
Please note that outgoing SWIFT payments are only possible after complete registration in the commercial register. Qonto will check for you in the background for 70 days whether your company has been fully registered.

If your company has not been registered within 90 days after activation, we unfortunately have to deactivate your account again for regulatory reasons.

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