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Just getting started

LI
2023-08-10

Question

If you’re just starting out and still have €0 in your business account, but you want to invest in courses, for example. Do you have to transfer money from your personal account to your business account? Or can it just be paid from your personal account? Do they pay attention to that? What do you recommend doing?

Transferring money from your personal account to your business account, all business payments must be made through the business account. A business account is the most transparent option, but I don't believe it is required for a sole proprietor. So, in principle, you can also use your personal account. Correct me if I'm wrong, but that's how I learned it.Transfer it to your business account and pay from there. If you also make payments from your private account, the tax authorities may also check it, which is not good for your privacy.
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You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

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