Bring your business to the digital age

Accounting, tax consult, invoices, and other paperwork for you, small and medium business owner

Sign up

A smart solution for business admin

Professional accounting

  • Leave your company's accounting to our professional team so that you can focus on developing your business.
  • We take care of all major and minor accounting obligations: VAT declarations, dividend and payroll accounting, preparation and submission of annual reports, registration as a VAT taxable person, and much more.
  • We are here to help you if you have any additional questions regarding organizing financial affairs for your business.

Clear overview of income and expenses

  • Integrate your company's bank account with our platform. This way, all your business transactions will flow through our platform and be in one place.
  • You don't have to add up numbers to find out how much your business has spent or earned. You can get an overview of it with just a few clicks.

Professional invoicing solution

  • Through our platform's self-service, you can send professional invoices with a color scheme that matches your company's brand and add your company logo.
  • Save your customer data on the Xolo platform. This way, you don't have to go through the trouble of entering customer data again for each invoice, as our system allows you to easily reuse them later.

Business expense documents management

  • In the self-service environment, you can upload all your business expense documents, which are then securely available.
  • The Xolo smart platform automatically links your expense documents with the correct bank transactions and notifies you if any expense document is missing - this way, you can avoid potential additional payment obligations.

Pick your perfect plan

Lite €9/mo +VAT
  • Invoicing solution
  • Annual report preparation and submission
  • Integrations with banks
  • Up to 10 bank transactions per month
  • No employees
  • No fixed assets
Basic €59/mo +VAT
  • Invoicing solution
  • Annual report preparation and submission
  • Integrations with banks
  • Up to 25 bank transactions per month
  • 1 employee
  • Max 5 fixed assets with amortization and depreciation
  • Monthly VAT, Income and Social Tax declarations
Standard €99/mo +VAT
  • Invoicing solution
  • Annual report preparation and submission
  • Integrations with banks
  • Up to 75 bank transactions per month
  • Up to 5 employees
  • Max 10 fixed assets with amortization and depreciation
  • Monthly VAT, Income and Social Tax declarations
Pro €159/mo +VAT
  • Invoicing solution
  • Annual report preparation and submission
  • Integrations with Estonian banks
  • Unlimited transactions per month
  • Up to 10 employees
  • Unlimited fixed assets
  • Monthly VAT, Income and Social Tax declarations
Compare plans
Lite €9/mo +VAT
Basic €59/mo +VAT
Standard €99/mo +VAT
Pro €159/mo +VAT
Monthly accounting service with dedicated accountant
Annual report preparation and submission
Online support (via e-mail)
Access to Xolo's Self Service
Invoicing solution
Recurring invoices
Supported banks (integrated with Self Service)
Estonian banks
Estonian banks, Wise, Revolut
Custom options
Custom options
Bank transactions per month
Investment environments
Support investments in start-ups (less than 20% of the stake)
VAT number
VAT, Income and Social Tax declarations
Fixed assets with amortization and depreciation (incl. real estate)
Mandatory reports to Statistics Estonia
OSS declarations
Subsidiaries allowed
Priority services
Customer Support via phone call or Zoom
(1 hour per month)
Customer Support tickets receive first priority
Quarterly business review meetings with an accountant (if needed)
Assistance finding tax, legal or business consultants for complex use cases
Flexibility in supporting non standard use cases
Annual report submitted in priority order
Additional services
Preparation of annual reports from previous periods
€40 per hour
€40 per hour
€40 per hour
€40 per hour
Preparation of tax reports from previous periods
€40 per hour
€40 per hour
€40 per hour
€40 per hour
Tax and accounting consultation
€40 per hour
€40 per hour
€40 per hour
€40 per hour
Assistance in the audit of the company's annual reports
€40 per hour
€40 per hour
€40 per hour
€40 per hour
Revisions to submitted reports (any report)
Customized services available upon request
Contact us
Contact us
Contact us
Contact us

What does Xolo
stand for?

*Reviews are lightly edited for brevity and clarity

Xolo's partners

We've partnered with the most respected players in the industry to bring you the integrations you need to run a business that's truly borderless.

Wise logo Stripe logo LHV logo Paypal logo

Got questions? We have answers!

Here are some of our most frequently asked questions,
so you don't have to wait to find answers.

Xolo Estonia offers all the elements to run a company with ease.

Xolo self-service enables you to:

  • Issue and send invoices
  • Report expenses
  • Tracking out-of-pocket (OOP) balance
  • Register business trips
  • Monitor your company’s transactions

We'll keep an eye on your accounting, and take care of the taxes and annual reports on the background. You’ll also have a dedicated point of contact in Xolo, so we’re always just an email away if you have any questions.

As the owner of your business, you’ll need to let us know about your company related bank accounts and payment gateways. At least once a month you’ll create sales invoices and upload expense documents so we can keep your accounting above board. It’s all easily done in your Xolo Estonia dashboard.

Xolo is a perfect fit for micro (one person) and small companies that provide professional or digital services.

Xolo reviews each company case by case. But in general, we can’t provide services for businesses that sell physical goods or offer financial services (crypto, crowdfunding etc.).

With Xolo you can use the following payment gateways -

  • PayPal (for receiving and sending payments)
  • Stripe (for receiving payments)

As you're the official representative of your company, only you can apply for a payment gateway account when needed. And if you start using payments through either PayPal or Stripe, please let us know beforehand, as we'll need access to your transaction data for accounting purposes.


You can use PayPal for invoicing and collecting payments from customers and making payments to suppliers from your business bank account.

Support for PayPal enables us to synchronize your latest PayPal transaction data and display it in your Xolo self service. Xolo displays your current PayPal account balance under 'Banking'.


Xolo fully supports your use of Stripe to collect payments from your customers for selling both professional services and digital products, and API integration with their service means that up-to-date transaction data is always available in your Xolo self-service under your 'Banking' section.

Setting up an account

Before creating an account, please be aware that payment gateways are altering and strengthening their KYC requirements constantly, and it's challenging to open a payment gateway account as a micro-business without a past track record.

When you've initiated the application process and are asked to submit data/documents about your company, please inform us and we'll assist whenever possible. However, keep in mind that while Xolo supports your use of the services listed above, they are still independent third-parties that reserve the right to choose their customers and Xolo can't influence their internal onboarding processes.

Xolo executes the following activities on behalf of your Estonian company:

  • Annual reporting
  • Monthly salary taxes reporting (TSD) excl. Xolo Lite
  • Applying for and registering your VAT number excl. Xolo Lite
  • Monthly VAT reporting excl. Xolo Lite
  • Quarterly OSS reporting excl. Xolo Lite and Basic
  • Registration and managing the company workers (including the owner of the company) in the official Employment Registry (TÖR) excl. Xolo Lite
  • Submission of reports to Statistics Estonia excl. Xolo Lite and Basic
  • Notifications of tax or other relevant law changes with instructions, if necessary

Technically, you can invest but your options are limited. When using Xolo Estonia, your Estonian company is allowed to make the following investments:

  • Buy-sell shares in publicly traded companies and funds
  • Buy-sell cryptocurrencies for investment purposes
  • Invest in start-ups or other private companies registered in the EU or in the UK (either a convertible loan or equity), receiving a minority stake and no controlling rights (less than 20%)
  • Lending via internationally recognized crowd-funding platforms
  • Lending to start-ups or other private companies registered in the EU or in the UK based on a loan agreement (incl. parties details, loan amount, market interest rate, payment deadline)
  • Buying real-estate and land in Estonia

This means the following investments are not allowed (not an exhaustive list):

  • Buying physical gold/silver
  • Buying a controlling/majority share in another company
  • Lending to a friend or any other individual directly
  • Lending to yourself (as a shareholder / board member of the company)

For investing and lending platforms a BUSINESS ACCOUNT is required to open for your company.

Advice regarding investment opportunities is beyond our competence. But there are other professional service providers you can turn to.

For accounting purposes, you would need to provide us a balance report or statement with the total value of the investments on a yearly basis.

You, as the sole board member, hold ultimate responsibility for the overall legal compliance of your company. It is of the utmost importance that there is trust between you, as our customer, and us, as your service provider.

We ensure that our accounting and compliance are executed correctly by implementing best practices and procedures. We stay up-to-date with laws and regulations, and have regular contact with authorities to make sure Xolo accounting practices are compliant.

If at any point, you make any one-off errors, the Estonian authorities will normally allow you to correct the mistakes and you won’t be fined. If, however, you try to hide taxes, or avoid correct legal processes, you will be held responsible and punished accordingly.

Yes, we do. Once you're a paying customer and logged in, you'll be able to see your company data through an interface which we call self-service. In self-service you're able to create and send invoices straight to your customers, and also upload expense documents. You'll have an overview of all your company's transactions (incoming and outgoing), and live bank balances.

You'll also have an overview of all your company documents, and you can also register your business trips.

From time to time our Xolo Estonia users require additional services to help them run their businesses more effectively. We at Xolo are more than happy to assist with these services for a reasonable fee.

  • Registry card with general and personal data 19 €
  • Ultimate beneficial owners list 19 €
  • Registry card with full history 19 €
  • Certificate of residence and tax liability 29 €
  • Certificate of registration as person liable to value added tax 29 €
  • Certificate of absence of tax arrears 29 €
  • EORI number registration (for customs operations only) 29 €
  • Certificate for income tax paid on distributed dividends 49 €
  • Tax arrears installment application submission 49 €
  • Company name change 49 € + state fee (25 €)
  • Adding an additional board member 49 € + state fee (25 €)
  • Share capital registration 49 € + state fee (25 €)
  • Share capital changes 49 € + state fee (25 €)
  • Adding notary certificate 19 €
  • Adding an apostille 49 €
  • Formation of a voluntary equity reserve 99 €
  • Sworn translation for Articles of Association 149 €
  • Assistance in the audit of the company's annual reports 40 € /hour

*A postal fee will be added if original documents are required

20% VAT will be added to all prices quoted above.

To order any of these services, please contact us at