Open a professional bank account

If you wish to start your own self-employed activity, whether it be a sole proprietorship or a company, you need to open a professional current account with a bank or other financial institution.

Having a professional bank account is important because you must state the number of this account on all your business documents (letters, invoices, etc.) next to your business number, the name of your company and the name of your financial institution.

For a company, the account must be in the name of the company. For a sole proprietorship, it is also advised to open a new professional account because in this way, commercial and private transactions remain separate.

As you often incur expenses before the official launch of your business, make sure you create your professional accounts as soon as possible.

Remember that It is mandatory to have a local (Belgian) professional bank account for companies registered in Belgium. Depending on the bank, it usually takes 2 days to set up the account and 7 days to receive the card.

Basic banking service for businesses and diplomatic missions