Best business accounts for LLC and Corporations in Germany
Snapshot
In Germany the equivalents of an LLC or corporation are the GmbH, the UG and the AG. These are separate legal entities that are legally required to hold a business account in the company name, so accounts held in a personal name such as N26 Business do not qualify. Qonto and Finom offer company accounts, and Commerzbank is a traditional option.
Suits a company best
A company account in the entity name with a German IBAN. Qonto starts from about EUR 9 a month, as of 2 April 2026.
Typical monthly fee
About EUR 9 to EUR 35 a month, higher at traditional banks, as of 2 April 2026.
Non resident position
Possible but slower. Banks run enhanced checks on foreign owners and beneficial owners. Verify with the provider.
Providers that fit
3 covered here, 10 or more in the market
Fees and features as of 2 April 2026Last reviewed 2 April 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A GmbH, UG or AG is a separate legal entity, so the law requires a business account held in the company name, and a personal name account such as N26 Business cannot be the holder. Qonto and Finom offer company accounts with a German IBAN, team cards and accounting sync, from about EUR 9 a month, as of 2 April 2026. Commerzbank is a traditional option at about EUR 12.90 a month for its classic business account. If you are still forming the company, check whether the provider supports a capital deposit account for the share capital. Verify current terms before applying.
What LLC and Corporations in Germany need from a business account
A registered company needs an account in the entity name, a German IBAN, multiple cards with spend limits for directors and staff, and a sync to accounting tools such as DATEV so the bookkeeping and the annual accounts stay current. During formation a GmbH or UG also needs a way to deposit the share capital before the entry in the commercial register. Traditional banks add a branch network and cash handling, while digital providers add faster onboarding and stronger software. Match the account to whether you value branches or tooling more.
Q
Qonto
A company account with a German IBAN, team cards, invoicing and accounting sync. Plan limits on transfers and cards rise with price. Verify current plan details with Qonto.
A traditional German bank with branches and cash handling. Package fees are higher than digital providers and extras are charged separately. Verify current pricing with Commerzbank.
Best for
Companies that want a traditional bank and branches
Monthly fee
Classic business account about EUR 12.90 a month, as of 2 April 2026
Compare accounts for LLC and Corporations in Germany
These providers accept LLC and Corporations in Germany. Fees and eligibility shown as of 2 April 2026. Confirm current terms with the provider before applying.
Questions about banking for LLC and Corporations in Germany
Does a GmbH in Germany need a business account?
Yes. A GmbH, UG or AG is a separate legal entity and is legally required to hold a business account in the company name. A personal name account cannot be the holder. This is general information, not advice.
Can a GmbH use N26 Business?
No. N26 Business accounts are held in a personal legal name for the self employed, so a GmbH or UG cannot be the holder as of 2 April 2026. Use a company account such as Qonto, Finom or a traditional bank instead. Verify with the provider.
How much does a company account cost in Germany?
Company accounts commonly run from about EUR 9 a month with digital providers such as Qonto and Finom to roughly EUR 35 a month at traditional banks, as of 2 April 2026. Extra cards, transfers and cash handling add to the cost. Confirm with the provider.
Can I deposit GmbH share capital with these providers?
Some providers support a capital deposit account used to pay in the share capital before the commercial register entry, but availability varies and changes. Check directly with the provider whether it offers a capital deposit account, as of 2 April 2026.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 2 April 2026. Confirm current terms with the provider before applying.