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A company and a business account in one

Xolo makes launching and running an EU business 10x easier. With our special offer, get two months for free.

Get 2 months free
Xolo card illustration

Business account
and debit card included

E-residency logo
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

8+ years experience in
accounting and compliance.

+6000

e-Residency marketplace leader
with most companies serviced

4.9

e-Residency marketplace rating

150

Clients from 150 countries

Integrates with

Stripe logo Paypal logo Wise logo Paddle logo LHV logo black Revolut black logo
Images of freelancer profiles

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

Business account & integrations

Get paid faster, track funds easier and manage your cashflow with a business account and debit card that are included in your subscription. 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.

Images of freelancer profiles
Images of freelancer profiles

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

Xolo card illustration

A business account is in the cards for you…

Introducing Xolo business accounts and debit cards - included in the monthly subscription.

  • An EU IBAN
  • A virtual debit card
  • Use with Apple or Google wallet

Available for all Leap plans.

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
Starter
€59 /month
  • Complete accounting services to get your business going
  • Business volume and activity limits apply
  • Up to 12 months and/or €4,000 revenue
  • Business account and debit card included Xolo card illustration
Standard
€89 /month
  • Complete accounting services
  • Business volume and activity limits apply
  • Integrations with LHV, Wise, Revolut, Wamo, Payoneer, Stripe and PayPal
  • Business account and debit card included Xolo card illustration
Two months on us! Save €258*
Pro
€129 /month
€0 for 2 months
All Standard features, plus...
  • Business volume and activity limits apply
  • Add shareholders (private individuals) or board members
  • OSS reporting for digital service
  • Investment activities
  • Business account and debit card included Xolo card illustration
Premium
From* €259 /month
All Pro features, plus…
  • Flexibility in supporting non-standard use cases
  • * Based on the complexity and volume of your business
  • Priority services
  • Business account and debit card included Xolo card illustration
*By participating in this promotion, you are agreeing to use Xolo Leap for a minimum of 6 months. Should you decide to terminate the agreement early, you will be charged for the original subscription fee.

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.
All prices excluding VAT
See more features
Starter
Standard
Pro
Premium
COMPANY & INCORPORATION
Online company registration (if needed)
Virtual Office: legal address, PO box & local contact
Shareholders (private people only) or board members
1
1
Max 2
Max 5
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)
XOLO BUSINESS ACCOUNT
Setup fee
Free
Monthly fee
Free
Order a virtual card
Free
Order a plastic card
Coming soon
Card monthly fee
€0.8 +VAT per card per month
Charged on the last day of the month
Card transaction
€0.1 +VAT per transaction
Incoming/outgoing SEPA credit transfer
€0.18 +VAT per transaction
Outgoing SEPA direct debit
€0.12 +VAT per transaction
SWIFT payments
5€ + 0.6-5%, fees vary based on the currencies and intermediary banks
Xolo provides business accounts and debit cards in collaboration with Swan. All the related fees are charged by Swan, according to Swan's Terms and Conditions. Swan is an Electronic Money institution and Payment institution offering payment services under French law approved by the ACPR under number 17328.
BANKING & PLATFORM
Supported banks and payment gateways for business purposes
LHV, Wise, Revolut, Stripe, PayPal, Wamo, Payoneer
LHV, Wise, Revolut, Stripe, PayPal, Wamo, Payoneer
LHV, Wise, Revolut, Stripe, PayPal, Wamo, Payoneer, Custom options
LHV, Wise, Revolut, Stripe, PayPal, Wamo, Payoneer, Custom options
Active bank and payment gateway accounts supported
Max 4
Max 4
Max 4
5+
Xolo Self Service portal
Mobile app
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
Max 50
Max 50
Max 500
500+
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
Max 20
Max 20
Max 50
50+
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)
1
2+
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
Max 5
5+
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
1
1+
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
€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

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':

  • 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 Premium plan, you’ll have the option to integrate any bank account that’s in the name of your Estonian OÜ.

With Xolo, you have multiple options to choose from to get your banking sorted.

Get a business account within your subscription

The fastest way to get your company’s banking functionality up and running is opening a business account provided within your Xolo subscription. You’ll receive a virtual debit card that can also be used in your Apple or Google wallets.

See FAQ

Set up a business account with another fintech

You can also opt for an account with Wise, Revolut, wamo or Payoneer. You can open an account 100% online and verification is typically completed within a few days.

Set up a bank account with LHV

Our Estonian banking partner LHV guarantees all deposits up to €100 000. In order to open an account, you’ll need to make a quick trip to Estonia. Certain businesses (YouTubers, for example) will require your business location and IBAN to have a matching location, which is another reason to consider LHV.

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 Premium plan, you’ll have the option to integrate any bank account that’s in the name of your Estonian OÜ.

With Xolo, you have multiple options to choose from to get your banking sorted.

Get a business account within your subscription

The fastest way to get your company’s banking functionality up and running is opening a business account provided within your Xolo subscription. You’ll receive a virtual debit card that can also be used in your Apple or Google wallets.

See FAQ

Set up a business account with another fintech

You can also opt for an account with Wise, Revolut, wamo or Payoneer. You can open an account 100% online and verification is typically completed within a few days.

Our Estonian banking partner LHV guarantees all deposits up to €100 000. In order to open an account, you’ll need to make a quick trip to Estonia. Certain businesses (YouTubers, for example) will require your business location and IBAN to have a matching location, which is another reason to consider LHV.

Set up a bank account with LHV

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.

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