Business Banking for Non-EU Founders

Why is getting a bank account the biggest challenge for non-EU founders?

Most banking institutions in Germany have a "residency trap": they require the Managing Director to have a registered residential address within the EU. For founders living abroad, this usually leads to immediate rejection. Without a functional bank account, your company is legally paralyzed—you cannot pay taxes, handle payroll, or receive payments. We have eliminated this barrier.

How does the Beam & Revolut Business partnership solve the residency problem?

We have removed the residency hurdle. Through our strategic partnership with Revolut Business, we offer a streamlined onboarding process specifically designed for global residents. You do not need a German residential address to manage your company’s finances. The process is 100% digital, meaning no flights, no physical appointments, and no bureaucratic marathons.

What are the core features of this business account?

Your company receives a professional, fully licensed business account that includes a German IBAN and BIC. This makes it fully compatible with the German Tax Office (Finanzamt), social security providers, and all B2B transactions. Additionally, you can hold and exchange 25+ currencies at interbank rates and issue virtual or physical cards for company expenses immediately.

How fast can I have my bank account operational?

Time is your most valuable asset. While typical setups for foreigners used to take months, our partnership allows for high-speed activation. Once the notary appointment for your shelf company is complete, the digital onboarding can be initiated immediately. In most cases, the account is fully operational within a few business days.

Is Revolut a "real" bank for my German company?

Yes. Revolut is a fully licensed banking institution. The account you receive for your GmbH or UG is a professional business account that meets all legal requirements for operating a company in Germany and across the European Union. It provides the same functionality as any local institution but with a digital-first approach for global founders.

How does the setup process work exactly?

The process is seamless: First, you purchase your Beam shelf company. After we handle the notarization for the share transfer and change of management, we provide you with a dedicated link to our Revolut Business interface. You simply upload your ID and the company documents we’ve prepared for you. Once verified, your account is live and your business is ready to go.