Austria · LLC and Corporations

Best business accounts for LLC and Corporations in Austria

Snapshot

An Austrian limited company is usually a GmbH, and a larger one an AG. Once it is entered in the Firmenbuch with a UID, providers such as Qonto, Revolut Business, Wise Business and Finom accept registered companies, with team cards, multi currency and accounting exports. Traditional banks such as Erste Bank, Raiffeisen and Bank Austria also serve companies and can confirm the formation capital deposit.

Suits a GmbH or AG best
Depends on needs. Qonto suits teams that want shared cards and bookkeeping exports, while Wise Business and Revolut Business suit companies trading abroad.
Typical monthly fee
EUR 0 to about EUR 50 a month depending on plan and company size, as of 26 January 2026.
Non resident position
Possible where the company is registered in Austria. Identity checks apply to all directors and owners. Unclear cases, verify with the provider.
Providers that fit
Several. At least four providers accept registered companies in Austria.
Fees and features as of 26 January 2026Last reviewed 26 January 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

An Austrian GmbH or AG needs a business account that handles company records, team cards with spend controls, and clean bookkeeping for tax and audit. As of 26 January 2026, Qonto, Revolut Business, Wise Business and Finom accept registered Austrian companies, while Erste Bank, Raiffeisen and Bank Austria suit companies that want branch support, lending, or the capital deposit confirmation needed to register a GmbH. Fees and features below are shown as of 26 January 2026, so confirm current terms with the provider.

What an LLC and Corporations in Austria need from a business account

A GmbH or AG runs as a separate legal entity, so the account has to match the company structure, not the owner. The features that matter most are a clean link to the Firmenbuch registration and the UID, team cards with per card spend limits, accounting and bookkeeping exports for the annual financial statements, and multi currency support where the company trades abroad. One point is specific to Austria. Forming a GmbH needs a minimum share capital of EUR 10,000, with at least EUR 5,000 paid in and confirmed by a bank before the Firmenbuch entry, as of 26 January 2026. Not every provider offers that formation deposit, so a company often opens a fintech account only after it is registered. Confirm the capital deposit route with the provider and a qualified adviser.

Qonto
Built for registered companies, with shared cards, spend controls and accounting exports. Limited cash handling.
Best for
Teams and bookkeeping
Monthly fee
From about EUR 9 a month, company plans higher
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Revolut Business
Strong multi currency and expense tools for companies trading abroad. Support is mainly in app.
Best for
International trade
Monthly fee
Free Basic plan, paid plans add allowances
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Wise Business
Holds and converts many currencies at the mid market rate for paying abroad. No cash deposits.
Best for
Cross border payments
Monthly fee
No monthly fee, a one time setup fee may apply
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Compare accounts for LLC and Corporations in Austria

These providers accept registered companies in Austria. Fees and eligibility shown as of 26 January 2026. Confirm current terms with the provider before applying.

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Questions about banking for LLC and Corporations in Austria

What business account suits an Austrian GmbH?
It depends on how the company trades. Qonto is built around teams with shared cards and accounting exports, Revolut Business adds multi currency and expense tools, and Wise Business helps pay abroad at the mid market rate. Traditional banks such as Erste Bank and Raiffeisen suit a GmbH that wants branch support or lending. Compare the features your company uses and verify current terms with the provider. This is general information, not advice.
Do I need a Firmenbuch extract to open an account for a GmbH?
Yes, in most cases. A GmbH or AG is registered in the Firmenbuch, and providers usually ask for a commercial register extract, the company UID, and identity for the managing directors and beneficial owners. As of 26 January 2026 the exact list varies by provider. Confirm the current requirements before applying.
Can a GmbH deposit its paid in capital with these providers?
Forming a GmbH requires a capital deposit confirmed by a bank before the Firmenbuch entry, and not every provider offers this formation account. As of 26 January 2026, some traditional Austrian banks handle the capital confirmation while several fintech accounts are opened only after the company is registered. Confirm whether a provider supports capital deposit before you rely on it.
Do these accounts handle foreign currency for an Austrian company?
Yes. Wise Business and Revolut Business hold and convert several currencies, which suits a company billing or paying abroad. Conversion costs and included allowances differ by provider and plan. Verify the current foreign exchange terms with the provider before applying.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 26 January 2026. Confirm current terms with the provider before applying.

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