Last updated: January 11, 2024
Xolo will not handle contractor taxes and does not withhold any taxes on contractor payouts. Your contractor will be responsible for declaring their income and paying personal taxes in their country of residence.
Note that in some European countries, we are able to provide tax support. E.g. for Estonian tax residents, we will withhold the relevant taxes on payouts if your contractors have Estonian tax residency.
You should also be aware that there are no dividends available for contractors with Xolo. The legal format of operations between Xolo Go and contractors is a partnership, not a company that your contractors own by themselves or together with Xolo.
Did this answer your question?