Startups in Austria usually form a GmbH or the newer FlexCo, then open a business account once the company is registered with a UID. Providers such as Qonto, Revolut Business, Finom and Wise Business offer fast online onboarding, team cards and multi currency. Traditional banks such as Erste Bank and Raiffeisen handle the formation capital deposit and lending.
- Suits startups best
- Depends on stage. Qonto and Finom suit early teams that want low cost onboarding, while Wise Business and Revolut Business suit startups spending or raising abroad.
- Typical monthly fee
- EUR 0 to about EUR 40 a month depending on plan, as of 4 March 2026.
- Non resident position
- Possible where the company is registered in Austria. Identity checks apply to all founders. Unclear cases, verify with the provider.
- Providers that fit
- Several. At least four providers accept registered startups in Austria.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
What Startups in Austria need from a business account
Early stage companies value speed, low cost, and clean records that investors and accountants can read. The features that matter most are fast online onboarding, team cards with per card spend limits, accounting exports, and multi currency support for cloud costs and cross border deals. 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, while the FlexCo introduced under the 2024 reform offers a more flexible structure for founders, as of 4 March 2026. Not every fintech offers the formation deposit, so a startup often uses a traditional bank to register and a fintech account to operate. Confirm the route with the provider and a qualified adviser.
Compare accounts for Startups in Austria
These providers accept registered startups in Austria. Fees and eligibility shown as of 4 March 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about banking for Startups in Austria
What business account suits a startup in Austria?
Can a startup open a business account before it is registered?
Do these accounts give team cards and spend controls?
Can a startup hold investor funds in foreign currency?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 4 March 2026. Confirm current terms with the provider before applying.