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  1. FAQ
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  3. Reporting income

How can I benefit from Xolo if I need to register and pay taxes in my country?

Last updated: August 31, 2023

Our customers use Xolo Go because it saves them a lot of time and money. Instead of declaring all of their separate invoices and receipts to their local tax office, they can just declare the partnership’s profit withdrawn from Xolo Go, thus simplifying their business administration a great deal.

Also, many end-customers of our users prefer to be invoiced by a legal entity with a valid EU VAT number as opposed to a private person, even if they are a registered freelancer or sole trader.

In the future, Xolo aims to support our users with their personal taxes in selected countries to make reporting the income from Xolo Go as easy as possible.

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