Technically, you can invest but your options are limited. When using Xolo Estonia, your Estonian company is allowed to make the following investments:
Buy-sell shares in publicly traded companies and funds
Buy-sell cryptocurrencies for investment purposes
Invest in start-ups or other private companies registered in the EU or in the UK (either a convertible loan or equity), receiving a minority stake and no controlling rights (less than 20%)
Lending via internationally recognized crowd-funding platforms
Lending to start-ups or other private companies registered in the EU or in the UK based on a loan agreement (incl. parties details, loan amount, market interest rate, payment deadline)
Buying real-estate and land in Estonia
This means the following investments are not allowed (not an exhaustive list):
Buying physical gold/silver
Buying a controlling/majority share in another company
Lending to a friend or any other individual directly
Lending to yourself (as a shareholder / board member of the company)
For investing and lending platforms a BUSINESS ACCOUNT is required to open for your company.
Advice regarding investment opportunities is beyond our competence. But there are other professional service providers you can turn to.
For accounting purposes, you would need to provide us a balance report or statement with the total value of the investments on a yearly basis.