PROVIDER REVIEW
Xolo
E-residents and solo founders who want company formation, accounting and ongoing compliance in one online service.
About Xolo
Formation and accounting provider for e-residents and international founders.
Key strengths
- Company formation, accounting and tax reporting in one service
- Legal address and mail handling included while using Xolo
- Clear online platform for invoices, expenses and company administration
- Integrations with major banks and payment platforms
- Multiple plans for different business complexity levels
Key limitations
- Limited VAT registration in Estonia is not supported
- Starter is limited to the first 12 months or €4,000 in revenue
- Starter and Standard are limited to 20 purchase and 50 sales transactions per month
- Legal entities cannot be shareholders
- Multiple shareholders or board members require a higher plan
- Licensed and regulated activities are not supported
- E-commerce support costs an additional €59/month + VAT
- Corrections, late annual reports and other non-standard work may carry additional fees
May not suit
Businesses with complex structures, regulated activities or requirements outside Xolo's supported business models.
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