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 even less receive payments. We have eliminated this barrier with Beam my Presence to Germany GmbH.

How does the Beam solve the residency problem?

We have removed the residency hurdle. Through our strategic partnership with relevant Lithuanian banks, 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 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 right after entry into the registry.

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, you fund the company, the notary then registers the changes, you then have the company. We will have the pleasure to introduce you and your company to our dedicated personal contact with the bank. Once verified, you have not only taken over a company but also its account. 🎊Your business is ready to go. 🎉