If one of the shareholders involved in the formation of the company is a legal entity (company), its registered office must be located in one of the following countries:
🇩🇪 Germany
🇫🇷 France
🇮🇹 Italy
🇪🇸 Spain
🇱🇺Luxembourg
🇧🇪 Belgium
🇳🇱 Netherlands
🇬🇧 United Kingdom
The legal representative of the shareholder company is responsible for the payment of the share capital and must be invited to the business account as a shareholder for this purpose.
You can upload the extract from the commercial register of the shareholder company/legal entity together with the incorporation documents during the registration.
Important: Qonto does not accept shareholder companies that are still in the incorporation phase as shareholders, unless the companies concerned have already opened an account with Qonto.
Additionally, Qonto does not accept shareholder companies whose business purpose is listed in the following Article: What activities are prohibited at Qonto?
The legal representative is always indicated on the extract from the commercial register of the legal entity of the shareholder. Any legal form and activity of the legal entity is permitted with the exception of associations.
Depending on the country of the company's registered office, the legal representative identifies himself in the respective extract from the commercial register as follows:
|
|
Legal representative |
|
🇩🇪 Germany |
Einzelvertretungsberechtigter Geschäftsführer (Any of them if more than one exists) Geschäftsführer (any one if there are several and the company is jointly represented) |
|
🇫🇷 France |
Directeur Général Président (in case that there is no Directeur Général ) |
|
🇮🇹 Italy |
Amministratore Unico Legale Rappresentante ( Amministratore Unico exists) |
|
🇪🇸 Spain |
Administrador Único Administrador Solidario (any of them, in case if several exist and if no Administrador Único exists) |
|
🇱🇺 Luxembourg |
Administrateur (Any of them if more than one exists) |
|
🇧🇪 Belgium |
Legal representative/administrator |
|
🇳🇱 Netherlands |
Legal representative/administrator Administrateur Director (Any of them if more than one exists) |
|
🇬🇧 United Kingdom |
Corporate Officer (Any of them if more than one exists) |
💡Other Frequently asked questions
Can any organization open a Qonto account?
My company is registered, which documents do I need to open an account?
What are the requirements for opening an account with Qonto for German companies in foundation?
How does the account opening for German companies in formation work with Qonto?