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Who can be onboarded for Vivid Founder Accounts?

Updated over 2 weeks ago

Currently, we support individuals and entities in the early stages of setting up their business, including companies in formation in Germany and the Netherlands.

Limitation on countries

  • The Applicant and Directors must possess an EU/EEA/Swiss ID document. The following ID documents are accepted:

    • Valid EU/EEA ID Card

    • Valid EU/EEA or Swiss Passport

    • Valid EU/EEA Residence Permit

Limitation on legal entity types

There are currently only a few types of legal entities that we can accept for the Founder Accounts:

  • GmbH i. G. (Germany)

  • UG i. G. (Germany)

  • BV i.o. (Netherlands)

  • NV i.o. (Netherlands)

Except for the two legal entity types above, we can’t accept other types of companies that have yet to finalize the registration. Please consider our Freelancer Account if it meets your business needs. Here’s more information about it.

Limitation on business activities

We cannot onboard companies involved in certain restricted business activities. You can find the full list here.

Some other business sectors may have limitations due to compliance regulations and our partnerships with financial institutions.

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