COMPANY & INCORPORATION
Run an e-Residency company from anywhere on the planet
Xolo makes launching and running an EU business 10x easier.
NEW
Business and accounting support for e-commerce businesses is live 📦
Manage your e-commerce business with Xolo and Let us handle your accounting.
Read more
2015
10+ years experience in
accounting and compliance.
+7500
e-Residency marketplace leader
with most companies serviced
4.9
e-Residency marketplace rating
150
Clients from 150 countries
Integrates with
Effortless
Accounting & business management
Experience hassle-free business management with a 360 overview of your business and finances, while our accounting experts handle everything from your bookkeeping to tax filings. Rest easy knowing that your company’s finances are 100% precise and compliant –with Xolo Leap.
Seamless
Payment & banking integrations
Get paid faster, track funds easier and manage your cashflow with Xolo Leap’s streamlined invoicing and payment processes. It’s easy to send professional invoices in minutes–with automatic VAT calculation and compliance built directly in. Collect payments effortlessly through integrated gateways like Stripe and Paypal.
Expert
Accountants specialized in e-Residency compliance
Your business deserves an accountant who specializes in the unique requirements of e-Residency. Our accounting team goes through extensive training on Estonian e-Residency laws and regulations. Rest assured that every Xolo teammember is dedicated to handling the complexities of your borderless business when you choose Xolo Leap.
Get your business up and running in days
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 you — No surprises
Include e-commerce support
All prices excluding VAT
See more features
Starter
Standard
Pro
Premium
Online company registration (if needed)
Virtual Office: legal address, PO box & local contact
Shareholders (private people only) or board members
Estonian VAT number (if needed)
Private person as a shareholder
e-Residency application consulting
Legal entity (Estonian company) as a shareholder
External sources of funding the business operations (eg bank loans, convertible notes, grants)
BANKING & PLATFORM
Supported banks and payment gateways for business purposes
Active bank and payment gateway accounts supported
Xolo Self Service portal
Business trip feature - Trip Cost Tracker & Overview
SUPPORT
Support via email from a dedicated accountant (2 Hours/Month)
Dedicated Senior Accountant Support (1 Hour/Month via video call)
Customer Support emails receive first priority
REPORTING & COMPLIANCE
Preparation & submission of Estonian annual reports
Monthly accounting accordance with Estonia Regulations
Estonian VAT collection & declaration
Income and Social tax reporting (TSD)
Mandatory reporting to Statistics Estonia
Registration in the OSS scheme
VAT OSS reporting for digital services
Flexibility in supporting non-standard use cases
Annual report submitted in priority order
Quarterly financial reports (per request)
Fixed assets
SALES & INVOICING
Create and send invoices through Xolo Self Service portal
Sales transactions per month
Automated recurring invoicing
Sales activity supported through other platforms
Sell apps via Google Play & Apple App Store
Sell digital services via Amazon
Sell software and apps via Paddle
Sell services via freelancing platforms (Upwork, Paddle)
Automated assistance for sales VAT
Automated VAT number validity check in VIES
Automated VAT rate on the invoice
Automated VAT sum calculation on the invoice
Send invoices and receive payments in other currencies than EUR
Creating sales invoices using external billing system or freelance platforms
BUSINESS EXPENSES
Monthly processed purchase invoices and subcontractor payments count
Expense document processing
Unique email address for forwarding expenses
Automated digitization of expenses
Collaboration feature with online contract templates for hiring contractors
Hire and pay salaries to employees (employees must be Estonian tax residents)
Expense covered by customer feature
Company car possession in Estonia
Compensation payments for the use of a personal car
License fee payments to residents or non-residents
INVESTMENTS
Investment platforms supported
Invest in publicly traded stocks
Lending via crowdfunding platforms
Invest in EU and UK companies (minority stake with no controlling rights)
Invest in cryptocurrencies via wellknown platform
Invest in cryptocurrencies via crypto wallets
Subsidiary in Estonia
Give loans to legal entities (other than crowdfunding)
Real estate in Estonia
E-COMMERCE: PHYSICAL GOODS (€59/MONTH)
Customizable solutions for diverse e-commerce models
Option to hold physical goods inventory
Estonian VAT declaration submission for physical goods
VAT OSS/IOSS reporting for physical goods
Additional EU VAT number
ADDITIONAL SERVICES
Past-due annual report: We charge extra if all necessary documentation isn't provided by the deadline (30.06)
Non-obligatory annual report
Revisions to submitted reports (any report)
Company liquidation for Xolo customers and non-customers
Customized services available upon request
For everything
outside the box 📦
€59/month
E-COMMERCE SUPPORT ADD-ON
Manage your e-commerce accounting with Xolo and we will take care of your:
- 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.
- Top-quality support with 8+ years of e-residency accounting experience
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 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.
Already have an e-Residency company?
“Simple, quick and really useful”
I've been with Xolo since I started my company on 2017. They are resourceful, responsive, and doing everything they can to keep the work flowing smoothly.
Elmekkawy
Reviewed on 6 of Feb 2023
I have been utilizing Xolo for my freelance business for several years now and I couldn't be happier with their services.
Ellina
Reviewed on 3 of Feb 2023
Simple, quick and really useful service. Emmanuel made sure to clear out all my questions and doubts before and during onboarding. 100% recommended.
Dias
Reviewed on 29 of Dec 2022
Great company, very helpful throughout the start up process of my company and facilitated the process very much. Additionally pricing is fair and competitive within the market.
Arnold
Reviewed on 21 of Oct 2022
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
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