All-in-One Business Account for your UG
Get your full-featured business account and manage all business spending with Penta. From automated accounting to multiple sub-accounts, VISA cards for your team and customized loans.
YOUR MODERN BUSINESS ACCOUNT
Benefits for your UG
Manage all your spending, payments, access for co-founders and accountants, and create sub-accounts to analyze your team’s expenses – via app or browser.
Our 100% digital banking account with German IBAN offers you seamless integration with your bookkeeping software, innovative accounting and receipt management, and the execution of international transfers in more than 35 currencies with full price transparency.
Budgeting made easy
- Split the finances of your teams and departments
- Set funds aside for tax reserves
- Save every month for investments
- Separate income streams
- Use your extra accounts to pay salaries
SIMPLIFIED TAX DECLARATION FOR YOUR UG
All-round Bookkeeping Solution
Are you spending too much time on your bookkeeping? With its efficient functions, a clear design and software integrations, Penta is designed to make bookkeeping easy.
Penta offers easy accounting integration with your UG account, as well as the automated synchronization of your transactions, making it more efficient for you to manage bank transfers, direct debits and card payments.
User-defined permissions for your tax advisor make it easier for you to prepare your accounting and do your tax online.
Open your UG business account in 3 steps
- Account application
- Account confirmation
Real-time updates on costs & spendings
Adjust your Penta account as your business grows
No permanent commitments for your UG – account can be adjusted anytime
100% transparent and comprehensible costs
Your money is safe with Penta
- Your business bank account is kept with solarisBank and supervised by the German banking authority BaFin
- Deposits are protected up to €100.000
- Data protection under GDPR
- Cyber security including SSL encryption of sensitive data
The Penta business account is a beneficial account for UGs, GmbHs or GmbH & Co. KG, which is specially designed for companies. It is comparable to a bank account for private individuals but usually offers more extensive functions. Nevertheless, the basis for both is to make and receive payments.
If you want to open your business account for your UG online, or open a second account, you basically need the following information:
- Type of company
- Business activities
- Industry code
- Number of employees
- Ownership and company structure
- and the most important (expected) financial ratios
For identification purposes, it is necessary to carry out a video identification procedure through our partner, IDnow. During this procedure, a consultant will check your identification documents online.
- You founded a company in Germany
- You live in Germany or abroad
- We support all legal forms – Here you can find a list
Opening a bank account is reasonable for every businessperson, regardless of the chosen legal form, in order to separate private and business transactions accurately with a company account. This makes it easier for you when filing your tax return or during a tax audit so that you can clearly prove all business transactions. For the legal form of the UG there is even a legal obligation to hold a business account in the name of the company.
We currently offer two options: The “Starter” plan for €9 per month, the “Comfort” plan for €19 per month and the “Enterprise” plan for €49 per month (all excl. VAT). In our pricing list, you will find a detailed overview of the included services for each account plan.
With Penta you can adapt your plan at any time in a flexible and easy way. Or, of course, you can change your account if you wish to make adjustments to your company form. If you change your company to a limited liability company (GmbH), you can change your master data very quickly.