Business savings account: useful for new SMEs?

Una cuenta de ahorro para empresas es un tipo de cuenta bancaria diseñada para que las empresas guarden dinero que no necesitan para sus operaciones diarias. El propósito principal de una cuenta de ahorro para empresas es permitir que las empresas hagan crecer sus fondos a través de intereses, al tiempo que mantienen el dinero seguro y accesible para futuras necesidades. Sirve para varios propósitos: * **Ahorro para objetivos futuros:** Las empresas pueden utilizar estas cuentas para ahorrar para compras importantes, como equipos nuevos, expansión, o para hacer frente a gastos inesperados. * **Fondo de reserva:** Funciona como un fondo de emergencia o de reserva para cubrir gastos imprevistos, como reparaciones urgentes, fluctuaciones del mercado o periodos de menor actividad comercial. * **Generación de intereses:** A diferencia de una cuenta corriente, las cuentas de ahorro devengan intereses, lo que permite que los fondos de la empresa crezcan con el tiempo. Aunque las tasas de interés pueden variar, es una forma de rentabilizar el dinero que no se está utilizando activamente. * **Separación de fondos:** Ayuda a las empresas a mantener separados los fondos que no están destinados a las operaciones diarias de aquellos que sí lo están, facilitando la gestión financiera y la elaboración de presupuestos. * **Seguridad:** El dinero depositado en una cuenta de ahorro bancaria suele estar asegurado hasta un cierto límite por los organismos reguladores del país, ofreciendo una mayor seguridad que si se mantuviera en efectivo. * **Flexibilidad de acceso:** Aunque el objetivo principal es ahorrar, estas cuentas suelen permitir retiros y depósitos, aunque puede haber límites en la cantidad de transacciones mensuales, dependiendo del banco y el tipo de cuenta.

As we usually do on this blog, we'll start at the beginning: by clarifying in the simplest and briefest way possible What is a business savings account and what is it for?.

A company savings account is a bank product which seeks to boost the entrepreneurial activity of new entrepreneurs through a current account where they periodically deposit the capital necessary to set up a New Company Limited Liability Company (SLNE). 

To give you an idea of How does this product work?, Think of a company savings account as a home savings account: a bank account into which a certain amount of capital is deposited for a certain purpose.

From this point of view, the company savings account is still a savings tool for many companies. new SMEs, The new, a tool that allows us to make savings, such as, for example, the Nursery cards, the petrol tickets, etc.

At a glance, a business savings account would not differ much from a personal savings account, the kind of accounts we have all opened at some point to help us save capital for a future investment. But once you do a bit of research, you will see that most business savings accounts offered by banking institutions are different products to those for personal use. How does a business savings account differ from a personal savings account? In the series of requirements that must be met to be able to open this type of bank deposit. This is discussed in the next section.

Main requirements for opening a company savings account

Initially, the business savings account appears to be a perfect solution for gradually saving up capital required to open an SLNE. Furthermore, when they first emerged, these types of accounts were tax-deductible, although this is no longer the case. In any event, in order to open a business savings account, the bank you choose will require a series of conditions to be met. general requirements:

New entrepreneur

A prerequisite for opening a business savings account is that the account holder or holders have not previously exercised the activity that they are going to develop in their new SLNE. Furthermore, the holder of a business savings account cannot have several accounts of this type open (only one).

Acquisition of fixed assets for the SLNE

During the first year of incorporation and launch of the new SLNE, the entrepreneur commits to to acquire all intangible and tangible fixed assets that they will need to carry out their activities. Tangible fixed assets would include, for example, company furniture, transport vehicles, computer equipment, etc. Intangible fixed assets would include the software applications you need to use in your business, patents for your trading name and registered trademark, etc.

Maintenance of activity for at least two years

The holder(s) of the company savings account must undertake to maintain the activity of your new company for at least two years since their incorporation. Furthermore, they must maintain the employee's full-time contract when they have registered them within this corporate structure; if they have acquired a property as part of their tangible fixed assets, they will not be able to sell it, and so on.

As you can see, the company savings account can be an excellent savings measure for your new SLNE SME, but there are more tools that will allow you to save and boost your activity as a self-employed entrepreneur. Would you like to know about them? Click here and we tell you about it in detail.