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.