Covid-19

We have put together frequently asked questions about getting started
or continuing doing your business during the coronavirus crisis.
Learn more

Go or Leap

Get the right Xolo for you and your business.

Plans
Go
5% of payouts
Leap
€79 / month
Basic information
Who is it for?
Independent professionals from anywhere in the world who:
  • Want to get started quickly
  • Don't need their own company
  • Want to get paid quickly and easily
Independent professionals from anywhere in the world who:
  • Want to own a company
  • Want to build their brand
  • Need long-term security
Who owns the company?
Xolo does
You do
Type of business supported?
Professional services
Professional & digital services
Type of customers you can work with
Businesses (B2B)
Businesses & Private clients (B2B & B2C)
Yearly business volume limit
Unlimited
Unlimited
Reinvest your business income in your company
No
Yes
Online registration
Yes
Yes
Online access via browser & mobile
Yes
Yes
Online support
Yes
Yes
Mobile app
Coming soon
Yes
Basic processes
Setup time
10 minutes
2-3 days if you're an e-resident
4-5 weeks if you need e-Residency
Pausing/Hibernating your account/company
Available anytime at no cost
Available on a case-by-case basis after you've reached €1000 company revenue - decreases your monthly fee to €29
Closing your account/company
Available anytime at no cost
Available anytime
Costs €200 and takes 8-10 months
Pricing & Fees
Basic fee
5% of all outgoing payments
€79 per month
Setup fee
Free
€335 for e-Residency & Business setup and registration
Business Banking
Integrated banking & accounting
Yes
Yes
Dedicated IBAN
Yes
Yes
Company MasterCard
No
Yes
Additional accounts supported
No
Yes (LHV & TransferWise)
Multi-currency support
No
Yes
Secure online banking
Yes
Yes
Guarantee on deposits (up to €100 000)
No
Yes
Invoicing
Issue a quote to your customers
Yes
Coming soon
Send branded invoices
Yes (with your name)
Yes (with your company name & logo)
Get notified about unpaid invoices
Yes
Yes
Collect and declare VAT
Yes
Yes
Selling your services
Get paid via Stripe
No
Yes
Get paid via PayPal
No
Yes
Get paid via Paddle
No
Yes
Collect and file VAT (with VAT MOSS supported)
No
Yes
Marketplaces
Sell apps via Google Play & Apple App Store
No
Yes
Sell digital services via Amazon
No
Yes
Sell freelancing services via Upwork
No
Yes
Sell software and apps via Paddle
No
Yes
Expenses
Business bank card to pay for expenses
Coming soon
Yes
Business travel expense reporting
Yes
Yes
Easily upload expense documents
Yes
Yes
Automated processing and expense handling
Yes
Yes
Manage subcontractors & freelancers
No
Yes
Paying salary
Pay yourself a salary
No
Yes
Pay yourself dividends
No
Yes
Online self-service
Online company registration
Unnecessary
Yes
Business dashboard
Yes
Yes
Urgent notifications
Yes
Yes
Extensive knowledgebase
Yes
Yes
Top tier support
Yes
Yes
Taxes
Corporate taxes filed in Estonia
Unnecessary
Yes
VAT filed in Estonia
Unnecessary
Yes
Annual reports prepared and submitted in Estonia
Unnecessary
Yes
Corporate compliance
Guaranteed compliance with Estonian & EU regulations
Yes
Yes
Regular reporting to meet regulations
Yes
Yes
Share capital processing (€2 500)
Unnecessary
Yes
Contact person for company
Unnecessary
Yes
Company address and PO Box
Unnecessary
Yes
Digitisation of postal documents
Unnecessary
Yes