Can any organization open a Qonto account?

  • Updated

The Qonto current account is available to companies registered in France, Italy, Spain, Germany, Portugal, Belgium, Austria, and the Netherlands, formed with the following legal entities:

 

🇩🇪 Germany eligible legal entities

  • Sole traders (e.K./e.Kfm/e.Kfr)

  • Freelancers

  • (e)GbR

  • GmbH

  • GmbH i.G.

  • gGmbH

  • gGmbH i.G.

  • UG

  • UG i.G.

  • gUG

  • gUG i.G.

  • AG

  • AG & Co KG

  • GmbH & Co. KG

  • UG & Co. KG

  • oHG

  • GmbH & Co. oHG

  • AG & Co oHG

  • KG

  • e.V. (eingetragener Verein)

  • KGaA

  • PartG

 

🇫🇷 France eligible legal entities

  • SA ('Société Anonyme')

  • SAS ('Société par Actions Simplifiée')

  • SASU ('Société par Actions Simplifiée Unipersonnelle')

  • SARL ('Société à Responsabilité Limitée')

  • SC & SCI ('Société civile')

  • EURL ('Entreprise Unipersonnelle à Responsabilité Limitée')

  • EIRL (Entreprise Individuelle à Responsabilité Limitée)

  • EI (Entreprise Individuelle)

  • Affaire Personnelle Profession Libérale (Independent occupations)

  • Micro-Entreprise (Sole Traders or Micro-Company)

  • Declared association ('Association Enregistrée')

  • Holding (an organization that holds a controlling interest in a group of other companies) – see below

  • Public Utility Foundation ('Fondation d’utilité publique')
  • Social and Economic Committee ('Comité Social et Économique')
  • Foreign company registered with the RCS whose parent company is located in Germany, Spain, Italy, or the United Kingdom

 

🇮🇹 Italy eligible legal entities

  • S.s. (Società Semplice)

  • S.a.s. (Società in Accomandita Semplice)

  • S.n.c. (Società in Nome Collettivo)

  • S.r.l. (Società a responsabilità limitata)

  • S.r.l.s. (Società semplificata a responsabilità limitata)

  • S.p.A. (Società per Azioni)

  • S.a.p.a. (Società in Accomandita per Azioni)

  • Impresa Individuale (a K-bis is needed)

  • Libero Professionista and Lavoratore Autonomo

  • Studio associato e società di professionisti

  • Cooperativa

  • Associazione

 

🇪🇸 Spain eligible legal entities

  • Empresario Individual (Autónomo) / Autónomo Societario

  • Emprendedor de Responsabilidad Limitada

  • Entidades permanentes no residentes en España (NIF W)

  • Sociedad Anónima

  • Sociedad Anónima Laboral

  • Sociedad de Responsabilidad Limitada

  • Sociedad de Responsabilidad Limitada Laboral

  • Sociedad Limitada Nueva Empresa

  • Sociedad Limitada de Formación Sucesiva

  • Sociedad Colectiva

  • Sociedad Comanditaria por Acciones

  • Sociedad Comanditaria Simple

  • Sociedad Profesional

 

🇵🇹 Portugal eligible legal entities

  • Lda (Sociedade por Quotas)
  • Trabalhador Independente
  • ENI (Empresário em Nome Individual)

 

🇧🇪 Belgium eligible legal entities

  • BV (Besloten Vennootschap - Société à responsabilité limitée)
  • Zelfstandige (Sole Proprietor/Freelancer)
  • VOF (Vennootschap Onder Firma - General Partnership)

 

🇦🇹 Austria eligible legal entities

  • GmbH (Gesellschaft mit beschränkter Haftung)
  • EinzelunternehmerIn
  • KG (Kommanditgesellschaft)

 

🇳🇱 Netherlands eligible legal entities

  • BV (Besloten Vennootschap)
  • Eenmanszaak (Sole Proprietor/Freelancer)
  • VOF (Vennootschap Onder Firma)

 

Companies that are not yet registered (available in France and Germany only):

If your company is not registered yet, you can open a Qonto account and proceed with your initial capital deposit with us (except for SCI).

As a reminder, sole traders, as well as micro-enterprises, are not required to go through a capital deposit process, since these organizations are already registered in their own name.

 

Foreign companies:

Qonto is available in 8 markets: France, Italy, Spain, Germany, Portugal, Belgium, Austria, and the Netherlands. Foreign companies can open a Qonto account if they are registered and headquartered in one of these countries.

⚠️ Exception (France only): Foreign companies registered with the French RCS whose parent company is based in Germany, Spain, Italy, or the United Kingdom are also eligible.

 

Holding companies:

Existing French holding companies, both active and passive, can open a Qonto account 100% online, in just a few minutes.

 

Which business activities are not accepted?

Please note that beyond the legal form, certain business activities are not accepted by Qonto:

  • Activities related to drugs, cannabis-based products or derivatives of any kind (including CBD/hemp leaves, flowers, resin, e-liquids, with a THC content of more than 0.2%)
  • Activities of financial/tax agents if not registered with a supervisory authority
  • Cultivation of fibre plants, spices, aromatic, medicinal and pharmaceutical plants
  • Sale of artworks or art objects including facsimiles, auction houses
  • Operating a marketplace
  • Crowdfunding platforms not registered as an ECSP – European Crowdfunding Service Provider (BaFin licence), marketplaces collecting funds on behalf of third parties, crowdlending
  • Factoring, debt collection activities
  • Money transfer platforms, remittance services, P2P ("Peer-to-Peer" or "Person-to-Person") payment services
  • Trading/brokerage platforms or any activities related to currencies, precious metals, gemstones, other products and securities
  • Hunting, trapping and related activities
  • Any illegal activity
  • Cartomancy, fortune-telling, clairvoyance, astrology, tarology, spirituality
  • Casinos, gambling and any participation in online lotteries
  • Military activities, including the sale of weapons, military vehicles and their replicas
  • Mining, staking, creation and/or marketing of NFTs, blockchain development, development of wallets (hot & cold wallets), decentralised exchange, crypto-asset services without BaFin registration or licence.
  • Online file sharing
  • Online and in-store sale of industrial or cosmetic chemicals
  • Online and in-store sale of protein powders, dietary supplements and medications
  • Sex (pornography, sex toys, escort, prostitution, strip club/nightclub)
  • Strip clubs, nightclubs
  • Tobacco products or smoking products (e-liquids)
  • Activities related to the issuance of emission credits
  • Activities related to the mining industry
  • Activities related to the extraction, mining and processing of non-renewable natural resources
  • Sale of goods/services that may violate or damage the reputation, honour or standing of others
  • Insurance brokerage activities if not registered with a competent authority
  • Management of funds, portfolios and collective investments, if this activity is not registered with a supervisory authority