Xolo Review – Estonian Solopreneurs solution

In this Xolo review, you'll find more information about its features, pricing, pros and cons and why you should consider using it.
9.4/10 (Expert Score)
Product is rated as #2 in category Business
9.4Expert Score
The best Solopreneur service

Xolo’s mission is to make starting and running a modern microbusiness 10 times easier. Xolo saves you time and money by making the hard parts of the business like banking, accounting, and tax residency easy with a Paypal business account which will become your tax haven.

Customer support
Value for money
Ease of use
  • Hassle-free and great customer support
  • No need to create a company with Xolo Go
  • Business tools and accounting
  • Many automation and integrations
  • Easy to use
  • Not suitable for eCommerce, dropshipping and complex activities

Estonian e-residency is a new company in the small Baltic country located south of Finland and west of Russia. This system quickly became popular for digital nomads. Basically, Estonia is a country with 100% digital services and simplified administration.

Once you become an Estonian resident or e-resident, you will be able to access online services to set up your company. This takes on average 30 minutes and costs about 290€. Becoming an e-resident costs 100€ without business expenses and you will have to wait about a month to receive your kit. So for less than 400€, you will be able to create a European company. Learn more about the e-residency

But what does this have to do with Xolo?

Well, Xolo, formerly called LeapIn, was originally a service that helps you create your e-residency and your Estonian company. Then, they take care of the accounting, personal finances, expense documents, taxes and save you a lot of time thanks to their integrations and partners.

Xolo numbers

Now, they offer two different services, we will detail everything in the rest of our article.

Read further to learn more about Xolo, in our review we will detail its features, pros and cons with our rating, and a conclusion about why you should use it.

Click on “open” if you want to see exactly what we will talk about in the rest of this article.

Quick Overview

What is Xolo?

Xolo, formerly known as LeapIN, provides millions of freelancers, contractors, payment gateways and digital nomads around the world with a platform to easily manage their businesses completely online from anywhere.

Xolo Review – Estonian Solopreneurs solution #ciroapp

Xolo specifications

FeaturesBusiness / Taxation
Best suited forIndividuals, Freelancers, Small businesses
Website languagesDutch / English / French / Italian / Portuguese
Website URLVisit official website
Support linkSupport page
Live chatNo
Company addressKalasadama 4 Tallinn, 10415, Estonia
Year founded2015


Xolo pricing: How much does Xolo cost?

The Leap plan starts at €79/month and the only differences with the Leap Pro plan and the Growth plan are the different premium options and ongoing fees.

Pricing rangeFrom 0€ to 199€ per month
Pricing typesMonthly subscription
Free planYes
Free trialYes, 7 days
Money back guaranteeNo
Pricing page linkSee plans

Xolo pricing plans


As a reminder, the Go plan is completely free, you will only have to pay a 5% fee on your withdrawals. If you want to quickly bill your customers without having to create a company, we advise you to choose this plan.

The Leap plan starts at €79 as a monthly fee and the only differences with the Leap Pro plan and the Growth plan are the different premium options. Indeed, with the Leap plan, you won’t have a dedicated accountant nor the possibility to link your PayPal and Stripe with the Xolo platform. You just have to upload expense documents and you will get all the benefits of an accountant.

However, in order to be able to register, you will have to become an e-Resident in Estonia and set up your company. The company will apply business expenses of about 320€. They accept payments via Paypal or bank.


Xolo features: What can you do with it?

Xolo is more for freelancers who have a fairly simple billing system. If you plan to create a complex company, such as a Cashback system, Dropshipping, a cryptographic company or other, they will refuse your application.

We don’t yet support businesses involved in buying and selling physical goods, including drop shipping and Amazon FBA.

We also can’t support business activities which require a license in Estonia such as financial services, travel agencies, service provider, gambling, the sale of alcohol etc.

Xolo offers doesn’t support companies dealing with cryptocurrencies or who hold ICOs to get funding at the moment either.


Freelance without a company

Xolo Go review

Thanks to the Xolo Go system, there is no need to become an Estonian resident or e-resident, nor to create a company or be a part of Estonian companies. What’s more, it’s completely free, they only charge 5% on your cash withdrawals. The VAT calculation is also simplified, so you won’t have to worry about anything.

Xolo Go is made for freelancers anywhere in the world who:

  • Want to pay right away
  • Do not need their own business
  • Want to pay quickly and easily
How does Xolo go work?

You don’t need to create a company

Xolo Go is based on an innovative partnership model that is accepted in all European countries. Use the Xolo legal framework for business without having to worry about starting your own business, then go on fun business trips all year.

Business and Banking Relationships

You have to invoice clients with automatic VAT calculation in 10 minutes. It comes with a special commercial bank account to get your company registration started right away after the verification process. You will even get a dedicated bank account (IBAN).

Get paid at any time

You decide when to withdraw money from your commercial bank account. There are no monthly fees from their Xolo customer, they charge only 5% of payments without deducting personal taxes.

Freelance with your own European Union company

Xolo Leap review

Xolo Leap is for freelancers from all over the world who:

  • Want to do business regularly
  • Want to own a business
  • Want to build their brand
How does Xolo Leap work?

Company structure

The EU company will set up your company and take care of all the necessary documents while you enjoy 100% distance onboard.

Accounting and Reporting

After the establishment of the company, Xolo takes care of the accounting, implementation and reporting with your annual report of your company. They also create invoices. Plans start from 79 €/month.

Mobile App

Xolo has developed a mobile application that can only be used by Leap users. It will allow to access your dashboard and to manage everything from the phone. You can download the application here: Google Play and App Store

Experienced support

Their team of accountants will immediately answer your questions regarding different currencies, driver’s license, home country, tax returns and more, and contact you if you need anything.


Xolo review: Why you should use it?

If you are happy with the way Xolo provide digital servicesand would like to share them with your friends or simply promote Xolo, you can do so while earning money.

Refer a friend and earn 300€ with Xolo

To do so, you will need to go to your Xolo account or personal profile, in the “referral program” section and then share the referral link with your friends, family or community. That’s how simple the whole process is.

Each time you refer 2 people, you will earn 300€ with no limit. This means that if you refer 20 people, you will earn 3000€ from the Xolo team.

In addition, each of your friends who came through your referral link will receive a bonus of 100€ to be used for their Xolo setup process.


Frequently Asked Questions

If you have any questions that remain unanswered, you can contact them at the following email address: hello@xolo.io.

10 most asked questions about Go and Leap | Webinar

Is Xolo legit?

It is one of the pioneers in terms of service for Estonian e-residents. Xolo used to be called Leapin, which can be confusing.

How the withdrawal process work?

There are two differences to consider. The Go service allows you to withdraw your money at any time with a 5% fee charged by Xolo.

Then, there will be applicable taxes depending on your country of residence. The Leapin service works like a company because you are the owner of your company or the sole proprietor. You will therefore be able to pay yourself a salary or dividends, the amount of taxes deducted will also depend on your country of residence.

Can I change my plan?

Yes, it’s possible to upgrade from Leap to Leap Pro and Growth. You can also combine the Go service with the Leap service if needed.

Can I stop my subscription?

With the Go service, you can stop at anytime. But when you are the owner of an Estonian company (with Leap service), you can’t close your company with a snap of a finger. The liquidation process will take 8 at 10 months.

What is Xolo Estonia?

Once renowned as LeapIN, Xolo is remote workstation providing employment opportunities to freelancers all around the world. Other than that, digital nomads and contractors digitally go about their business in a specific order, without the mess and chaos that physical work can bring.

Xolo review
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9.4 / 10