Running your business with Xolo Leap can be highly beneficial if you're a freelancer, solopreneur, or digital nomad seeking simplicity, efficiency, and access to the EU market. Here are the key reasons why it could be worth it for you:
1. Ease of setting up and running your business remotely
Xolo Leap allows you to run your business 100% online from anywhere in the world via the Estonian e-Residency program. It handles complex administrative tasks such as company registration, compliance, accounting, and tax filing in Estonia, so you can focus on your core business activities. This removes much of the typical bureaucracy involved in running a business.
2. Tax advantages and EU access
Estonia's tax system is particularly favorable for businesses. You don’t pay corporate income tax on reinvested profits, and Xolo handles your VAT registration and monthly reports. Running your business from Estonia also gives you access to the EU’s single market, which is crucial if you’re targeting European clients.
3. Low administrative burden
Xolo simplifies invoicing, expense reporting, and tax filings in Estonia with automated systems that reduce manual tasks to just a few minutes a day. They also provide you with a legal address and local representation in Estonia, which is a legal requirement for operating an Estonian business remotely.