Handle your e-commerce business accounting
Estonia’s #1 rated admin and accounting management solution for e-residents selling physical goods and digital products.
Integrates with
8+ years experience in
accounting and compliance.
e-Residency marketplace leader
with most companies serviced
e-Residency marketplace rating
Clients from 150 countries
Take the leap
Manage your physical goods
e-commerce accounting with Xolo
Effortlessly manage your e-commerce business’s accounting and admin with Xolo Leap. Get expert guidance from our accounting and compliance professionals, whether you’re selling products on Amazon, Etsy, or fulfilling custom orders through Print on Demand. Take advantage of:
- Tax reporting and dedicated support for Estonian VAT registration and OSS/IOSS compliance.
- Customizable solutions for diverse e-commerce models including Dropshipping, Print on Demand and Amazon FBA.
- Unrivaled support with 8+ years of e-residency accounting experience. We’re Estonia’s market leader in e-Residency.
Xolo Leap supports a diverse range of e-commerce models
Recognizing the variety of e-commerce businesses, Xolo Leap is designed to support a wide range of models for both physical goods and digital products, including:
Ideal for sellers who use marketplaces like Etsy, or other platforms where goods ship directly from suppliers.
Wonderful for sellers offering customizable products, where the supplier manages the inventory and shipping.
Support for sellers using Amazon's fulfillment centers within the European Union.
Tailored for those using Amazon outside the EU to reach non-EU customers.
Xolo is adaptable to unique business setups, ensuring Estonian VAT and OSS/IOSS compliance for every kind of seller.
VAT & reporting for e-commerce entrepreneurs
Navigating VAT compliance and reporting can be overwhelming for online sellers, but we’ve simplified the process with Xolo Leap. At Xolo, we’re letting you focus on what you do best while we take the burden off your shoulders with:
Select the plan best fit your business
The promotion begins from the day of activating your account, with the first free month starting immediately. If you activate on the last day of a particular month, that month will be considered your first free month. The service will automatically renew at the end of the promotion and standard fees will apply thereafter. We reserve the right to modify or cancel this offer at any time without prior notice.
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':
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.
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.
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':
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.
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.
“Simple, quick and really useful”
Elmekkawy
Reviewed on 6 of Feb 2023
Ellina
Reviewed on 3 of Feb 2023
Dias
Reviewed on 29 of Dec 2022
Arnold
Reviewed on 21 of Oct 2022
Run your company wherever WiFi exists
Questions? We’ve got answers
Xolo Leap supports various e-commerce models, including:
- Dropshipping: For sellers who ship products directly from suppliers via platforms like Etsy.
- Print on Demand: Ideal for customized product sellers where suppliers manage inventory and shipping.
- Amazon:Supports businesses using Amazon's fulfillment centers in the European Union.
- Amazon Sellers Outside the EU: Tailored for sellers who ship outside the EU via Amazon to non-EU customers.
- Custom e-commerce models: Xolo also supports unique business setups and ensures Estonian VAT and OSS/IOSS compliance.
Xolo Leap simplifies VAT compliance for e-residents with e-commerce businesses by providing:
- OSS for selling physical goods shipped from EU to EU private individuals
- IOSS for selling goods (value under 150€) from outside EU to EU private individuals
- VAT Registration and Reporting: We offer expert assistance with Estonian VAT registration and ongoing compliance.
Yes! Xolo Leap supports Amazon sellers both within and outside the EU. While we provide guidance on the applicable Estonian VAT rules, it is important to note that sellers are responsible for managing VAT compliance in other EU countries. Xolo does not handle VAT reporting for Amazon’s multi-country operations, so external providers will be needed for those requirements.
Absolutely! Xolo Leap is perfect for Print on Demand sellers, while we manage Estonian VAT, OSS and IOSS on your behalf.
Xolo Leap offers flexible pricing options. You can choose from our existing subscription plans, with additional support available through e-commerce add-on pricing, tailored to meet the specific needs of online sellers for only €59 a month.
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
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