Do you need a company setup in Europe to get payouts in Euros?

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Hi Team


We are a UK company. I want to get Payouts in Euros so we can setup iDeal and other Euro based payment softwares.

In order to set Euros as the payout currency, its asking me to change our company details to an EU country.

Does anyone know if we can set the EU details to our warehouse in NL? We are VAT registered there, but its not clear on the implications of changing the store address to somewhere if its not our actual company address.

Help is not clear on this so asking here.

Essentially can you use an address that you are associated with, or do you need a company setup in EU to use those details?