Hacker News Reader

Totally agree, but why would you need a corporate bank account in Germany? You could simply use the US bank accounts?

You usually need a local bank account. For example, in the NL I need an NL bank account for taxation purposes for my NL business.

I understand that. But why would a US company need a NL bank account?

Because it had a subsidiary in NL, perhaps because it had employees to pay, or otherwise did business there.

> subsidiary

which would be a local company registered in the Netherlands?

Owned by a US person?