EU Virtual Company

Xolo offers a virtual company service that allows individuals and businesses to establish a presence in the European Union (EU) without the need for a physical office or employees. Here are the general steps to set up an EU virtual company with Xolo:

  1. Sign up for Xolo: Create an account with Xolo and choose the virtual company plan that best fits your needs.
  2. Choose your business type: You can set up a sole proprietorship or a private limited company (OƜ).
  3. Provide personal and business information: Xolo will ask for your personal and business information, such as your passport details, business address, and company name.
  4. Incorporate your company: Xolo will handle the process of incorporating your company in Estonia. This includes registering your company with the Estonian Commercial Register, obtaining a digital company seal, and providing you with a unique VAT number.
  5. Set up a business bank account: You’ll need to open a business bank account in Estonia to operate your company. Xolo can help you with this process and connect you with one of their banking partners.
  6. Manage your business: Xolo provides ongoing support for accounting, invoicing, tax filing, and other administrative tasks. They also have a user-friendly online platform that makes it easy to manage your business from anywhere in the world.

By setting up an EU virtual company with Xolo, you can benefit from Estonia’s digital infrastructure and take advantage of the country’s favorable tax and business regulations. This can be a great option for entrepreneurs and businesses looking to expand their operations and access the EU market without the costs and complexities of setting up a physical presence in a foreign country.