Your Business Account in the Netherlands 🇳🇱

If you intend to engage in business activities in the Netherlands, it is necessary to have a business (IBAN) account. However, if you already possess a business bank account within the SEPA Zone, there is no need to establish a new one.

Yes, in most cases, you will need a BSN (Burgerservicenummer) to open a business bank account in the Netherlands. The BSN is a unique personal identification number issued to residents and non-residents for administrative purposes.

Yes, you will generally need to provide a registered address to open a business bank account in the Netherlands. The bank requires an address for correspondence and verification purposes. This can be either a physical address or a virtual office address, depending on the bank's requirements and your specific situation.

The time it takes to open a business account in the Netherlands can vary depending on factors such as the chosen bank, the complexity of your business structure, and the completeness of the required documentation. Generally, it can take several weeks to a couple of months to complete the account opening process for a business account. It involves submitting the necessary documents, undergoing a verification process, and complying with the bank's requirements. It's advisable to contact the chosen bank directly to get a more accurate estimate based on your specific circumstances.