FAQs
Switching to Xolo allows you to save time on administrative tasks, reduce costs associated with traditional accounting, and focus on growing your business. With Xolo, you’ll have access to expert accountants who ensure your finances are handled professionally and in compliance with local regulations. Xolo’s streamlined platform offers security and efficiency, giving you more freedom to focus on what matters most.
Xolo is ideal for freelancers, solopreneurs, digital nomads, professional workers, and e-commerce businesses who want a straightforward, affordable solution to manage their business needs. Whether you’re providing professional services or running an online store, Xolo has the tools and support to simplify your operations.
Xolo is ideal for freelancers, solopreneurs, digital nomads, professional workers, and e-commerce businesses who want a straightforward, affordable solution to manage their business needs. Whether you’re providing professional services or running an online store, Xolo has the tools and support to simplify your operations.
Yes! Our customer support team can assist you with importing your existing data to Xolo, ensuring a seamless transition.
Yes, you can upgrade or downgrade your plan anytime to suit your business needs.
If you need to liquidate your business, Xolo provides guidance and support throughout the process. Our expert accountants will help ensure compliance with local regulations and assist with the necessary filings and procedures to close your business efficiently and hassle-free. Reach out to our support team for detailed instructions and assistance tailored to your situation.
If you have an Estonian e-resident company that you wish to liquidate, Xolo can support you through the process. Our service fee is €499 + VAT. To get started, you will need to provide the following documents and reports:
- Balance sheet as of a specified date.
- Income statement for the relevant period.
- General ledger with details of your transactions.
- List of unpaid sales and purchase invoices (if applicable).
- List of fixed assets and active contracts currently in effect.
- Valid contracts such as employment, loan agreements, etc.
- Tax declarations for the required period.
Please note that to proceed with the liquidation, you must sign up to Xolo with a monthly plan subscription (e.g., €59 – Starter plan), which must be maintained until the liquidation process officially begins. Typically, the process starts within the same month as sign-up.
When you're ready to begin the liquidation process, please email support@xolo.io. Our team will assist you at every stage to ensure a smooth and efficient process.