The following requirements must be met to open an account with Qonto for your start-up company.
Accepted legal form
Account opening is currently supported for the following legal forms in formation:
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Gesellschaft mit beschränkter Haftung (GmbH i.G.)
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gemeinnützige Gesellschaft mit beschränkter Haftung (gGmbH i.G.)
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Unternehmergesellschaft (UG i.G.)
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gemeinnützige Unternehmergesellschaft (gUG i.G.)
Registered office
The registered office of the company must be in Germany. If one of the partners is a legal entity - a company - it must have its registered office in one of the following countries: Germany, France, Spain, Italy, Luxembourg or Belgium.
Activity
The activity of the company must comply with Qonto's guidelines and must not be one of the illicit activities. The list of activities that are not allowed at Qonto can be found here.
Shareholder structure & shareholders
When the company is established, the shareholder structure may consist of natural persons and legal entities. Both subjects can participate in the capital contribution, which is determined by the contract and list of shareholders.
The following requirements apply to the shareholders of the company:
Natural persons
According to the German Civil Code (BGB), every person is a natural person with legal personality.
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They require valid proof of identity
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in the case of emancipated minor shareholders, a court judgment signed by a judge is required
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for non-emancipated minors, at least one parent must also be a shareholder and a certificate signed by the parents with custody must be provided
Legal persons
A legal person is an association of persons or a fund which is itself the bearer of rights and obligations and has its own legal capacity. A distinction is made between partnerships (OHG, KG), corporations (AG, GmbH, UG) and public corporations.
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Qonto does not accept public corporations as shareholders.
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If one of the shareholders is a legal entity, it must have its registered office in one of the following countries: Germany, France, Spain, Italy, Luxembourg or Belgium.
Share capital
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The paid-up share capital, the shareholders and the distribution must correspond to the information in the notarial formation documents (the issuer name and the amount).
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The share capital must be at least EUR 1.00 in the case of an entrepreneurial company.
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The share capital must be at least EUR 25,000.00 for a limited liability company. It is possible to start with a share capital of at least EUR 12,500.00, which is topped up.
Do you meet all the necessary requirements?
Let's go! Click on this link to start your account opening at Qonto! 🚀
We look forward to welcoming you as a customer!
💡Other frequently asked questions
Who can open a business account with Qonto?
What documents do I need to open an account?