Already have an OÜ? Switch to Xolo

Run an e-Residency company from anywhere on the planet

Xolo makes launching and running an EU business 10x easier.

Integrates with

Stripe logo Paypal logo Wise logo Paddle logo LHV logo black Revolut black logo
2015

8+ years experience in
accounting and compliance.

6000

e-Residency marketplace leader
with most companies serviced

4.9

e-Residency marketplace rating

Got a minute?
See Xolo Leap in action

Send out invoices, upload business expenses, and get your business admin to-dos done in a matter of minutes. Rest easy knowing your bookkeeping and tax reporting are done by the most helpful accounting team in Estonia.

Press play to see what you can get done, faster

Choose the best plan for your business — No surprises

Starter
  • Complete accounting services to get your business going
  • Business volume and activity limits apply
  • Up to 12 months and/or €4,000 revenue
€59/month
+VAT
Get started
Basic
  • Complete accounting services
  • Unlimited invoices & bank transactions
  • Integrations with LHV, Wise and Revolut
€89/month
+VAT
Get started
Pro
All Basic features, plus...
  • Add shareholders (private individuals) or board members
  • Integrations with Stripe and PayPal
€129 /month
+VAT
Get started
Growth
All Pro features, plus…
  • Flexibility in supporting non-standard use cases
  • * Based on the complexity and volume of your business
From*
€259 /month
+VAT
Get started
See more features
Starter
Basic
Pro
Growth
INCORPORATION
Online company registration (if needed)
Virtual Office: legal address, PO box & local contact
Shareholders (private people only) or board members
1
1
Legal entity (Estonian company) as a shareholder
External sources of funding the business operations (eg bank loans, convertible notes, grants)
PLATFORM
Supported banks (integrated with Self Service)
LHV, Wise, Revolut
LHV, Wise, Revolut
Custom options
Custom options
Receive payments via payment gateways (integrated with Self Service)
Stripe, Paypal
Stripe, Paypal
Branded estimates & invoices
Recurring invoices
Mobile app
Creating sales invoices using external (non-Xolo) billing system
Sales activity supported through other platforms
Sell apps via Google Play & Apple App Store
Sell digital services via Amazon
Sell services via freelancing platforms (Upwork, Paddle)
Sell software and apps via Paddle
ACCOUNTING SERVICE
Monthly sales transactions
Max 5
Monthly bank transactions
Max 10
Expense document processing
Max 5 documents / mo
VAT collection & declaration
VAT OSS support for digital services
Pay yourself a salary & dividends
Pay salaries to employees (employees must be Estonian tax residents)
3
10
Hiring contractors
Company car possession in Estonia
Compensation payments for the use of a personal car
License fee payments to residents or non-residents
Fixed assets
Mandatory reporting to Statistics Estonia
Preparation & submission of Estonian annual reports
Corporate taxes filed in Estonia
Personalized customer service from a dedicated accountant
Investment activitites supported
Invest in stocks
Invest in crowdfunding
Invest in startups (less than 20% of the stake)
Invest in cryptocurrency
Give loans to legal entities (other than crowdfunding)
Real estate in Estonia
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
Senior accountant (10+ years of experience) appointed to the company
ADDITIONAL SERVICES
€200
€200
€200
€200
Past-due annual report: We charge extra if all necessary documentation isn't provided by the deadline (30.06)
€200
€200
€200
€200
Non-obligatory annual report
€200
€200
€200
€200
Revisions to submitted reports (any report)
€100
€100
€100
€100
Customized services available upon request
Contact us
Contact us
Contact us
Contact us

Everything you need & nothing you don't

All the essential features and services modern solopreneurs need to run a borderless business

Incorporation & Reporting

Incorporation

All it takes, is a few clicks and some simple forms to register your e-Residency company. Next, our team will take over seeing to all aspects of your business setup. We’ll provide you with a local address and forward your mail to you. As an added bonus, you'll be able to claim the Silicon Valley of the EU (Tallinn, Estonia) as your business' official address.

Taxes & Reporting

We’re proud to employ some of the best accounting and compliance experts in Estonia right here at Xolo. To ensure your company is running by the book, we handle your business':

  • VAT number application and registration
  • Monthly VAT reporting (including OSS for sales of digital goods)
  • Monthly salary tax reporting (TSD)
  • Annual reporting
  • Submission of reports to Statistics Estonia (required by law)

We’ll also keep you updated on any relevant tax laws changes and advise you accordingly.

Banking & Integrations

Pro tip: If you go with a Pro or Growth plan, you’ll have the option to integrate any bank account that’s in the name of your Estonian OÜ.

Set up a business account with Wise

The fastest way to get your company’s banking functionality up and running is opening a Wise multi-currency account. You can open an account 100% online and verification is typically completed within a few days.

Set up a business account with LHV

If you choose to bank with our local banking partner LHV, you’ll need to make a quick trip to Estonia to open an account. But the trip can be worth it, as LHV guarantees all deposits up to €100 000.

Certain businesses (YouTubers, for example) will require your business location and IBAN to have a matching location, which is another reason to consider LHV. Banking with LHV can also come with opportunities to re-invest your company's profits without paying extra taxes (see Shareholders & Investments to learn more).

Available integrations:

*Access to gateways varies based on location. Learn more about banking options here

Payroll

Pay yourself a salary or dividends

Because if you can't pay yourself for all that hard work, what's the point? You can choose how much and how often you pay yourself a salary, and we'll keep it compliant on the bookkeeping and reporting side. You also have the option to pay yourself dividends.

Hire some helping hands

With your new OÜ, you can add employees to your payroll — but only if they're Estonian residents. You can also hire subcontractors from almost anywhere.*

*As long as they’re not residing in a sanctioned country, you’re good to go.

Woman working in cafe

Shareholders & Investments

Add multiple shareholders

For subscribers to our Pro and Growth plans, you can add multiple shareholders to your Estonian company. Note that all board members must also be active e-residents.

Build wealth

One of the many perks of having a company in Estonia is you don't have to pay taxes on profit that you re-invest. If you open an account with our banking partner LHV, you can re-invest your profits and defer tax payments until you withdraw your financial gains as a salary.

Man thinking behind laptop

Incorporation & Reporting

Incorporation

All it takes, is a few clicks and some simple forms to register your e-Residency company. Next, our team will take over seeing to all aspects of your business setup. We’ll provide you with a local address and forward your mail to you. As an added bonus, you'll be able to claim the Silicon Valley of the EU (Tallinn, Estonia) as your business' official address.

Taxes & Reporting

We’re proud to employ some of the best accounting and compliance experts in Estonia right here at Xolo. To ensure your company is running by the book, we handle your business':

  • VAT number application and registration
  • Monthly VAT reporting (including OSS for sales of digital goods)
  • Monthly salary tax reporting (TSD)
  • Annual reporting
  • Submission of reports to Statistics Estonia (required by law)

We’ll also keep you updated on any relevant tax laws changes and advise you accordingly.

Banking & Integrations

Pro tip: If you go with a Pro or Growth plan, you’ll have the option to integrate any bank account that’s in the name of your Estonian OÜ.

Set up a business account with Wise

The fastest way to get your company’s banking functionality up and running is opening a Wise multi-currency account. You can open an account 100% online and verification is typically completed within a few days.

Set up a business account with LHV

If you choose to bank with our local banking partner LHV, you’ll need to make a quick trip to Estonia to open an account. But the trip can be worth it, as LHV guarantees all deposits up to €100 000.

Certain businesses (YouTubers, for example) will require your business location and IBAN to have a matching location, which is another reason to consider LHV. Banking with LHV can also come with opportunities to re-invest your company's profits without paying extra taxes (see Shareholders & Investments to learn more).

Available integrations:

Stripe logo Wise logo Paypal logo Paddle logo Google play logo Apple store logo

*Access to gateways varies based on location. Learn more about banking options here

Payroll

Pay yourself a salary or dividends

Because if you can't pay yourself for all that hard work, what's the point? You can choose how much and how often you pay yourself a salary, and we'll keep it compliant on the bookkeeping and reporting side. You also have the option to pay yourself dividends.

Hire some helping hands

With your new OÜ, you can add employees to your payroll — but only if they're Estonian residents. You can also hire subcontractors from almost anywhere.*

*As long as they’re not residing in a sanctioned country, you’re good to go.

Shareholders & Investments

Add multiple shareholders

For subscribers to our Pro and Growth plans, you can add multiple shareholders to your Estonian company. Note that all board members must also be active e-residents.

Build wealth

One of the many perks of having a company in Estonia is you don't have to pay taxes on profit that you re-invest. If you open an account with our banking partner LHV, you can re-invest your profits and defer tax payments until you withdraw your financial gains as a salary.

Get your business up and running in days

Already have an e-Residency company?

“Simple, quick and really useful”

Launch your company
from anywhere on the planet

All about e-Residency

Everything you need to know about the surprisingly simple process of registering and running a fully remote company with Estonian e-Residency

Show me how it works

Still got questions?

If you’re looking for less flashy marketing language, more straight answers, then head to our expansive FAQ library to transform all your ?s into !s