Requirements and documents to open a business account in Greece

Snapshot

To open a business account in Greece you generally need a Greek registered entity recorded with GEMI, an AFM tax number from AADE, identity documents for the owners and directors, proof of address, and evidence of the source of funds, as of 22 December 2025. Traditional banks may ask for more detailed company paperwork, while neobanks ask for a similar core set during online onboarding. Requirements vary by provider and business type, so verify before applying.

Company registration: A Greek registered entity recorded with the General Commercial Registry, known as GEMI, for most company accounts.
Tax number: An AFM tax number from AADE for the business and often for the owners. It can be issued to non residents through a representative.
Identity and address: Passport or national identity document and proof of address for owners and directors, plus anti money laundering checks.
Source of funds: Evidence of where the business funds come from is commonly requested. Confirm the exact list with the provider.

Fees and features as of 22 December 2025Last reviewed 22 December 2025

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

The core requirements for a Greek business account are a registered entity, a tax number, and identity and anti money laundering documents. Most company accounts need the entity recorded with GEMI and an AFM tax number from AADE, plus passports or national identity documents and proof of address for the owners and directors. Banks and neobanks then run anti money laundering checks and usually ask for evidence of the source of funds. Traditional Greek banks may request more detailed company paperwork, while neobanks ask for a similar core set during online onboarding. The exact list varies by provider and business type, so confirm before applying. Positions are shown as of 22 December 2025.

The documents you usually need

For most business accounts in Greece the provider will want proof that the business exists, proof of who controls it, and proof that the money is legitimate. In practice that means company registration evidence, a tax number, identity and address documents for the people behind the business, and source of funds information. The precise paperwork depends on the legal form of the business and the provider, so use this as a checklist and confirm the current list before you apply.

Business registration and tax number

Companies are normally registered with the General Commercial Registry, known as GEMI, which issues a registration number once the entity is recorded. The business also needs an AFM tax number from AADE, and the owners often need their own AFM. An AFM can be issued to non residents through AADE, in person, through a legal representative, or by an authorised third party under a power of attorney. Self employed people and sole traders may have a simpler setup but still need an AFM.

Identity, address and anti money laundering checks

Providers verify the identity of owners, directors and beneficial owners, usually with a passport or national identity document and proof of address such as a utility bill or official statement. As part of anti money laundering rules they also ask about the nature of the business and the source of funds, and they may request additional documents during onboarding. Neobanks collect a similar core set during online verification, while traditional banks may ask for more detailed company documents and, for applicants without a residence permit, an in person visit.

Documents to prepare before you apply

Gathering these in advance speeds up the application, though the exact list varies by provider. Verify with the provider

Company registration evidence from GEMI and the business AFM tax number from AADE, plus owner AFM numbers where required, as of 22 December 2025.
Identity documents and proof of address for owners, directors and beneficial owners, ready for anti money laundering checks.
Evidence of the source of funds and a description of the business activity, since providers commonly request this during onboarding. Confirm the exact list with the provider.

How to prepare your documents for a Greek business account

Register the entity with GEMI and obtain the business AFM tax number from AADE, plus owner AFM numbers if needed.
Collect identity documents and proof of address for everyone the provider needs to verify, and prepare source of funds evidence.
Ask the provider for its current document checklist and any business type conditions, then submit the application and complete the checks.

Compare business accounts available in Greece

These providers accept business customers in Greece. Fees and eligibility shown as of 22 December 2025. Confirm current terms with the provider before applying.

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Questions about requirements and documents in Greece

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

Generally a Greek registered entity recorded with GEMI, an AFM tax number from AADE, identity documents and proof of address for owners and directors, and evidence of the source of funds. Neobanks collect a similar core set online, while traditional banks may ask for more. The exact list varies by provider, so verify before applying as of 22 December 2025. This is general information, not advice.

Do I need a Greek company to open a business account?

For most company accounts, yes. The entity is normally registered with GEMI and holds an AFM tax number. Self employed people and sole traders may have a simpler setup but still need an AFM. Some neobanks serve only self employed people and sole traders, so confirm your business type is eligible with the provider as of 22 December 2025.

What is an AFM and do I need one?

The AFM is the Greek tax identification number issued by AADE. A business account in Greece generally requires the business to hold an AFM, and owners often need their own. It can be issued to non residents in person, through a legal representative, or by an authorised third party under a power of attorney. Confirm the current process before applying.

Why do banks ask for source of funds?

Anti money laundering rules require providers to understand the nature of a business and where its money comes from. That is why banks and neobanks ask for source of funds evidence and a description of the business activity, and may request more documents during onboarding. Prepare this in advance and confirm the exact list with the provider as of 22 December 2025.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 22 December 2025. Confirm current terms with the provider before applying.

Requirements and documents for a business account in Greece