Last updated: January 03, 2024
Xolo Teams fee of 5% is applied to the net sum i.e. without VAT.
For instance, if your company is located in the EU and the company doesn't have a valid EU VAT number (or the company is an Estonian company with an EU VAT number) then the invoice generated for €100 + 20% VAT = €120. The Estonian VAT 22% (20% until 31.12.2023, which has to be paid to the authorities) will be added to your invoice. Once you’ve paid your invoice, it will be paid to the tax authorities by Xolo.
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