FAQs
Got questions? We've got answers!
Here are a few of our most popular ones to get you started:
We can't yet support businesses that fall under any of the following categories:
Yes, you must be an Estonian e-Resident to use Xolo Leap.
Depends on whether you're already an e-Resident or not. Already an e-Resident? Then no, you don't need to go anywhere.
Not (yet)an e-Resident? Then yes, you'll need to travel. Once your application is approved you'll have 6 months to collect your kit from an official pick-up location.
Find your nearest pickup location on the official e-Residency website
If you decide to use integrated banking through our partners at LHV Bank, we'll take care of all the setup. But you'll need to fly to Tallinn (just the one time) to verify your identity.
Grand total for company set up: €410 + VAT
If you've already an e-Resident, registering your company will take about 24 hours. But if you're not an e-Resident yet, it usually takes 3-4 weeks.
Let's talk banking. If you're planning to use a Wise account, it takes 1-5 business days for them to process your application. But once your account is opened you can start doing business immediately.
If you'd like to do your banking through LHV, it'll take us 10-14 days to prep the necessary documents and get you pre-approved. Once LHV gives us the go-ahead, you can book a day trip to Tallinn to verify your identity in-person.
The easiest option is to use a Wise multi-currency account.
The best option is to integrate your Leap subscription with an LHV business bank account. We've nurtured a close partnership with LHV over the years and it's paid off (pun intended). We can confidently say you and your business (banking) will be in excellent hands.
Leap Pro and Growth price plans support PayPal (for receiving and sending payments) and Stripe (for receiving payments).