Sole Proprietors, freelancers and Freiberufler

How do I open a Penta business account as a sole proprietor, Freiberufler or freelancer?

Opening an account is very simple. After a video call with our partner IDnow and successful identification and document upload you can use your account imme...

What information does Penta need from me as a sole trader?

full name date of birth address company form company address business purpose VAT number (if applicable) Your personal german Tax ID You would ...

What is the "trading name" and where can I find it?

The trading name is the name of your company that you use in invoices and on the imprint of your website, for example "Malermeister Max Mustermann"...

My residential address is outside of Germany. Can I still open a Penta business account as a sole trader, Freiberufler or freelancer?

Currently this is not possible. The Penta business account for sole proprietors, Freiberufler and freelancers is currently only offered to customers with a ...

What distinguishes a sole proprietor, a freelancer and a Freiberufler?

With sole proprietorships, there is no legal distinction between the owner of the business and the business itself. Typical examples are:  Craftsmen R...