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Business bank accounts in Germany

Discover what you need to open a "Geschäftskonto" in Germany and the benefits of business bank accounts.

Kontist Free Business Account

Kontist Free Business Account logo

0 €

Monthly Fee

  • A free business account for solo self-employed
  • SEPA transfers and direct debit
  • Google Pay and overdraft facilities
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If you’re looking for the best business bank accounts in Germany, we can help you go about finding one. With plenty to choose from in Germany, we look at the benefits of opening a business bank account and what you should look for when comparing what’s out there.

Compare business bank accounts in Germany

1 - 15 of 15
Name Product Mobile view Business English Management Fee Number of users Local transfers limit
bunq Easy Bank Business
  • Management Fee

    4.99 €

  • Number of users

    1

  • Local transfers limit

    N/A

4.99 €
1
N/A
Enjoy zero FX fees on your overseas spending, plus send and receive instant payments with ease. Comes with a complimentary prepaid card.
Commerzbank Founder offer
  • Management Fee

    14.90 €

  • Number of users

    1

  • Local transfers limit

    75 per month

14.90 €
1
75 per month

Receive 100 € opening your account online and enjoy 14.90 € per month for the first 2 years

N26 Business You
  • Management Fee

    9.90 €

  • Number of users

    10

  • Local transfers limit

    Unlimited

9.90 €
10
Unlimited
A premium business account with free foreign currency payments, cashback and a complimentary insurance package.
Kontist Free Business Account
  • Management Fee

    0 €

  • Number of users

    1

  • Local transfers limit

    Unlimited

0 €
1
Unlimited
A free business account for solo self-employed. No hidden costs, convenient account switching service, first-class in-house support. SEPA transfers and direct debit, Visa Business Virtual Debit Card, Google Pay and overdraft facilities.
Penta Starter
Penta Starter
  • Management Fee

    9 €

  • Number of users

    2

  • Local transfers limit

    100

9 €
2
100
A German IBAN and current account for startups and small businesses that gives you convenient account management, international payments and multi-user support.
N26 Business Metal
  • Management Fee

    16.90 €

  • Number of users

    10

  • Local transfers limit

    Unlimited

16.90 €
10
Unlimited
The N26 Business Metal is a company account with which you get a metal bank card and 0.5% cashback on all your purchases.
bunq Easy Green Business
  • Management Fee

    20.99 €

  • Number of users

    25

  • Local transfers limit

    N/A

20.99 €
25
N/A
Manage your business finances effortlessly with a wide array of features, including automatic payment requests, spend analytics and more.
Commerzbank Premium business account
  • Management Fee

    24.90 €

  • Number of users

    1

  • Local transfers limit

    75 per month

24.90 €
1
75 per month
A premium account with travel benefits and insurance coverage. Free transfers, free cash withdrawals and up to four premium credit cards.
Kontist Premium Business Account
  • Management Fee

    9 €

  • Number of users

    1

  • Local transfers limit

    Unlimited

9 €
1
Unlimited
Premium account for solo self-employed. For a monthly fee of , it contains the same services as Kontist Free plus a few other services such as tax calculations.
bunq Easy Money Business
  • Management Fee

    10.99 €

  • Number of users

    25

  • Local transfers limit

    N/A

10.99 €
25
N/A
Benefit from multiple accounts, the ability to link your bookkeeping software, receipt linking, employee access, and simple payments.
N26 Business Smart
  • Management Fee

    4.90 €

  • Number of users

    10

  • Local transfers limit

    Unlimited

4.90 €
10
Unlimited
A business current account with an Italian IBAN for freelancers. It offers cashback, shared spaces to save, automatic rounding, discounts and premium offers.
Kontist Duo Business Account
  • Management Fee

    12 €

  • Number of users

    1

  • Local transfers limit

    Unlimited

12 €
1
Unlimited
Duo account for solo self-employed. Contains the same services as Kontist Premium for a monthly fee of plus lexoffice services such as digital document management.
Penta Comfort
Penta Comfort
  • Management Fee

    19 €

  • Number of users

    5

  • Local transfers limit

    300

19 €
5
300
A top-tier business account for startups and companies with accounting integrations and international payments. Access it all through a smart mobile app.
N26 Business
  • Management Fee

    0 €

  • Number of users

    2

  • Local transfers limit

    Unlimited

0 €
2
Unlimited
A convenient business account for freelancers. Benefit from cashback, spending categorisation and free foreign currency payments.
Commerzbank Classic business account
  • Management Fee

    9.90 €

  • Number of users

    1

  • Local transfers limit

    10 per month

9.90 €
1
10 per month

Receive 100 € opening your account online and enjoy 0 € price for 6 months

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Please note these products are not licenced as banks. Check our product review pages for details.
1 - 13 of 13
Name Product Mobile view Business English Management Fee Number of users Local transfers limit
Revolut Business Free
  • Management Fee

    0 €

  • Number of users

    Unlimited

  • Local transfers limit

    5

0 €
Unlimited
5
A no monthly fee business account designed for small teams. Hold 28 currencies in your account and get 5 free local transfers.
Qonto Basic
  • Management Fee

    9 €

  • Number of users

    1

  • Local transfers limit

    30

9 €
1
30
Self-employed account including 1 user and 1 physical one card. It allows up to 30 free transfers
Revolut Freelancer Professional
  • Management Fee

    7 €

  • Number of users

    Unlimited

  • Local transfers limit

    20

7 €
Unlimited
20
A professional account for up to users. Hold and exchange 28 currencies, get user permissions, expense management and more.
Qonto Premium
  • Management Fee

    39 €

  • Number of users

    5

  • Local transfers limit

    100

39 €
5
100
A flexible current account for startups and small businesses. Receive unlimited users, multi-lingual support, customised account access, bulk transfers and more.
Revolut Freelancer Ultimate
  • Management Fee

    25 €

  • Number of users

    Unlimited

  • Local transfers limit

    100

25 €
Unlimited
100
Take the hassle out of managing your business spending with fee-free international payments, interbank FX rates, live insights and more
Qonto Smart
  • Management Fee

    19 €

  • Number of users

    2

  • Local transfers limit

    60

19 €
2
60
A low-cost business account solution for small businesses and freelancers. Get 1 physical cards and 2 users included along with a number of features.
Revolut Freelancer Free
  • Management Fee

    0 €

  • Number of users

    Unlimited

  • Local transfers limit

    5

0 €
Unlimited
5
A multi-currency account where you can hold and exchange 28 currencies. Get virtual cards, a mobile app and an IBAN.
Qonto Business
  • Management Fee

    99 €

  • Number of users

    5

  • Local transfers limit

    500

99 €
5
500
A complete package for team expense management. Up to 5 user access, 10 accounts with individual IBANs and a wide array of advance finance management tools.
Revolut Business Enterprise
  • Management Fee

    1,000 €

  • Number of users

    Unlimited

  • Local transfers limit

    Unlimited

1,000 €
Unlimited
Unlimited
A premium account with unlimited transfers, exchange and more. Hold 28 currencies and receive a local Euro and GBP account.
Qonto Essential
  • Management Fee

    29 €

  • Number of users

    2

  • Local transfers limit

    100

29 €
2
100
A low-cost business account solution for small businesses. Get 1 physical card and 2 member access, plus a number of other features.
Revolut Business Scale
  • Management Fee

    100 €

  • Number of users

    Unlimited

  • Local transfers limit

    1000

100 €
Unlimited
1000
A multi-currency account with free team members included. Get a mobile app for all cardholders and virtual cards.
Revolut Business Grow
  • Management Fee

    25 €

  • Number of users

    Unlimited

  • Local transfers limit

    100

25 €
Unlimited
100
Receive 10 free team members, 100 free local transfers and exchange up to 10000 € into 28 currencies at the real rate.
Qonto Enterprise
  • Management Fee

    249 €

  • Number of users

    10

  • Local transfers limit

    1000

249 €
10
1000
Enjoy the highest limits and complete access to Qonto’s business features. Create unlimited IBAN accounts and benefit from 7-days-a-week VIP support.
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Compare up to 4 providers

How do business bank accounts in Germany work?

In Germany, business bank accounts are essential for any incorporated business (like a GmbH, UG or AG) and also useful ways for freelancers, small businesses, artists, and the self-employed to manage their funds separate from their personal accounts. Many accounts will also give you insights into your spending, which can help you tally things up more easily at tax time. Keeping your business finances separate from your personal is also important for bookkeeping, especially around tax time when the tax office (Finanzamt) requires access.

Business accounts also allow you to do essential things such as pay your share capital (Stammkapital), which is necessary if you choose to run for incorporated businesses such as a GmbH or UG. Larger companies such as AG’s pay Grundkapital instead, which is also possible from a business account.

Some banks may even ask you to stop using your personal account for banking purposes if they notice too many invoices (Rechnung) which indicate business activity. As such, opening a business account early on can help prevent issues later down the line. And given the range of affordable (and sometimes free) accounts available, even the smallest operations should be able to find a business account that suits their needs.

What are the benefits of business bank accounts in Germany?

Not sure why exactly you should open a business bank account? Here are some of the advantages:

  • All your business transactions are separated from your personal ones, which makes your business accounting records more organised.
  • Some banks have mobile apps so you can check your records and make business payments anytime you want and anywhere you are.
  • You can set up standing orders for business expenses. No need to worry about not paying on time anymore!
  • You can pay employees easily.
  • If you’re a small business owner, you may be able to enjoy a free banking period for some time.
  • From insurance to coffee supplies, some banks offer discounts for products and services that you may find useful for your company.

Is my business eligible for a business bank account?

To open a business bank account in Germany, you will need to meet the following criteria:

  • Business type: Business bank accounts are usually available for freelancers, sole traders, small businesses, large businesses or enterprises. If your company is in the public sector or a charity there may be restrictions as to what bank accounts you can open, so check the criteria.
  • Personal or business name. Some banks may require you to open the account using your personal name while others may require you to use your business name.
  • Registration. Your business may need to be registered at the Chamber of Commerce to open an account with some digital banks.

    Should I consider a digital business bank account?

    Digital banks such as Revolut, bunq and N26 all offer business accounts. Whether or not they are suitable for your business is up to you and your business needs. Most digital banks have different levels of business accounts. While the most basic business accounts might be free, top-tier accounts offering a comprehensive range of features will come with a higher monthly maintenance fee. However, if these features will benefit your business and potentially save you money, the higher levels of accounts might be of better value.

    Another area to consider is your preference in communicating with your bank to make changes or get issues resolved. Most digital banks will have online live chat available or even a telephone number so you can speak to a representative at certain times. However, only traditional banks are likely to have a physical location where you can speak to a representative in person. Make sure you weigh up the features (and fees) of these digital business bank accounts against the features (and fees) of more traditional business bank offerings to decide which is the better fit for your business.

    How secure are digital banks for business banking?

    Digital banks and finance apps can be licensed in a couple of different ways. Some digital banks, such as N26, are licensed as banks. This means they can take deposits, offer interest-bearing products and any funds you deposit with them up to €100,000.

    Other finance apps are licensed as electronic money institutions and payment institutions. These providers are able to offer apps to manage your money and debit cards to spend. However, they cannot take deposits and your money will not be protected by the government guarantee.

    How do I compare business bank accounts in Germany?

    While every business has different needs, these criteria should be useful for anyone comparing business bank accounts for the best deal.

    • Monthly fee. Some business banks don’t charge a monthly maintenance fee, such as Revolut and N26’s lowest tier offering, but these come with fewer features. Consider what you’re willing to pay for and if the features make the fee worth it. Equally, don’t be won over by a wide range of features if your business won’t actually use them.
    • Transaction fees and other charges. Will you have to pay for cash withdrawals, direct debits or cheques? Besides any monthly maintenance fee, have a clear idea about other charges that may apply for carrying out simple, everyday transactions.
    • User access. Some business banking accounts have limits on how many users you can add or how many free debit cards you can have.
    • Limits on free local transfers. You may find there are limits on the number of SEPA transfers you can make. If you are transacting outside of Ireland you will need to consider this.
    • Limits on transfers and currency conversion fees. If you conduct your business in multiple currencies you should consider the currency conversion fees you might be charged as well as any limits that are imposed on the business account for non-Euro transfers.
    • Locked contracts. Do you have to sign up for the account for a certain amount of time? Check this before signing.
    • Extra features. Watch out for convenient features such as access to both a mobile and web app, extra integrations, the ability to make bulk payments and expense management tools to keep your business finances in order.

    How do I find the best business bank accounts in Germany?

    A friend or relative may tell you that they have the best business bank account but that doesn’t mean it will be the best account for you. Business bank accounts offer different features that will appeal to different businesses. After all, not all businesses are created equally and the same goes for business bank accounts in Germany.

    To find the best business bank account for you and your business, ask yourself the following questions, then shop around and compare your options.

    • What do I need my business bank account to do? If you want a business bank account to just cover the basics, you may find that a fee-free or lower-tier account is suitable. Just be aware of the fees, charges and limits that might apply. If, on the other hand, you want a business account that does a lot more, look for mid and top-tier accounts. You’re likely to pay a higher monthly fee but it might offer great value for money if you know you’ll make use of the features and deals.
    • Will my business make use of all the features on offer? Don’t be fooled into paying a monthly fee in return for a range of features that your business has no intention of ever using. Value for money can only apply to features that you need and will use.
    • How much will my business bank account cost me? While you may not have to pay monthly fees with some business accounts, that doesn’t mean they are “free.” Check the usage fees, other charges and limits on the account. You might find an account of this nature offers poor value for money compared to a mid or top-tier account with a higher monthly fee.
    • What’s the best way of dealing with my bank? If you’re used to digital banking, then you might not mind communicating with your bank via a mobile app, online chat or over the phone. But if you’d like to deal with requests in person, then a traditional bank may be your only option. The bank you choose should be the one that matches the way you want to bank.

    How do I open a business bank account?

    The process of opening a business bank account will very much depend on the provider you choose and your type of business.

    If you are a sole trader, you can usually apply for a business bank account online. For all other business types, such as limited companies or partnerships, you might need to contact the bank in order to set up a physical or telephone meeting with one of the bank’s business advisers.

    What documents do I need to open a business bank account in Germany?

    The documents required to open a business account in Germany will depend on the type of business you plan to run.

    Individuals & partnerships

    The documents required for individuals or partnerships to open a business account vary, and do not usually require an Anmeldung or SCHUFA (unless the bank offers overdraft services).

    Freelancers (Freiberufler) and the self-employed only need a proof of identity document to get started, such as a passport. EEA residents can use their National Identity card (excluding Denmark, Iceland, and Norway).

    A sole trader, more accurately known as a sole proprietorship in Germany (Freiberufler), is essentially a one-person business. It differs from a freelancer as there is an actual registered business, not just a self-employed person. A sole proprietorship (Freiberufler) is also able to open an account with just a proof of identity document (eg, passport), however, they may have to provide a proof of trade license if one is acquired later on.

    A registered businessperson (eingetragene Kaufmann – e.K.), which is similar to a sole proprietorship that is registered under the individual’s own name, will need their certificate of incorporation to open a business bank account in Germany. They may also be required to include an extract from the commercial register (Handelsregisterauszug), or their trade license, later on.

    Partnerships (Personengesellschaften) fall into two baskets, a civil law company (GbR) or a general commercial partnership (oHG).

    A civil law company (GbR) only requires the proof of identity of all partners, as well as the articles of association (Gesellschaftsvertrag).

    A general commercial partnership requires the same as a GbR but with the added inclusion of an extract from the commercial register (Handelsregister), the list of partners (Gesellschafterliste) and a trade license (if applicable).

    Corporations

    Corporations such as a GmbH, UG or AG will need a comprehensive list of documents to open a business bank account.

    • Proof of identity of all founders
    • Business registration (Gewerbeanmeldung)
    • Articles of association (Gesellschaftsvertrag)
    • Excerpt from the commercial register (Handelsregisterauszug)
    • Certificate of incorporation (Gründungsurkunde)
    • List of shareholders (Gesellschafterliste)
    • Account authorisation for shareholders (Kontovollmachten für Gesellschafter)
    Note: As the account will be opened during the process of incorporating the business, the excerpt from the commercial register (Handelsregisterauszug) will likely have to be provided later in the process.

    The bottom line

    From allowing multiple users to enabling batch payments, business bank accounts in Germany offer many benefits. What you and your business need from a business bank account will be different from what somebody else and their business requires. The best business bank account will be the one that is closely aligned with your own business requirements. So use our guide to compare business bank accounts before you open one to make sure it’s right for you.

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