The world of online business is a fast-growing one. The internet has given small businesses and startups new opportunities to grow their customer base and reach new markets.
Reasons to open a business account in Malta
You might be wondering what kind of business you can open an account for. Well, there are many different types! Malta does not have a minimum deposit requirement for a business account, so even if you only have €10 to invest in your new financial future, you can still open up an account and get started. What's more, you don't need to be a Maltese resident to open a business account there. People from all over Europe can take advantage of the island's low taxes and ease of doing business by setting up their own companies on the island - whether it's just them or if they're working with other people as well.
How can you open business bank account in Malta?
The first step is to decide where you want to start. This is a rather simple and straight-forward but also important question that many business owners fail to ask themselves. What type of business are you? Do you want a local or international bank account? How much money do you have available for investment? These questions should be answered before opening your new bank account in Malta. The second step is deciding how to open your business bank account.. There are two ways to get an account for businesses: Traditional banks and digital ones. You can open a business bank account with traditional banks which can be time-consuming. A digital bank or neobank is generally a faster, easier solution.
Open your business account online?
When we say “business account”, we don’t mean just any old account. We mean accounts for businesses. wamo is one of the smart solutions. With wamo, you can open a business account online in just 10 minutes.
Moreover, with this account specially designed for businesses, you can keep all your finances under control. You can create sub accounts, virtual and physical debit cards and track all your finances in one place. You don’t need to be a Maltese resident and you don’t need to go to Malta to open a business account in there. All you need is your phone or computer and internet connection. Discover wamo and open your business account in 10 minutes.