Xolo Go Review: Invoice Without Registering a Company
Is Xolo Go the right solution for invoicing clients when you don't have a company? Here's our honest, in-depth review.
Comparison Disclaimer
Pricing and features shown are based on publicly available information. Always verify current pricing on provider websites before making decisions. We receive affiliate commissions from some providers. Information current as of January 2025.
Verdict: Recommended for Low-Volume Freelancers
Xolo Go is perfect if you need to invoice occasionally (under €3,000/month) and don't want the hassle of registering a company. Above that, Xolo Leap becomes more cost-effective.
Fee per invoice
4.5%
Monthly fee
€0
Countries
180+
Signup time
~48h
What is Xolo Go?
Xolo Go is an invoicing service that lets freelancers and contractors invoice clients legally without registering their own company. You invoice through Xolo's Estonian entity, and they handle all the compliance and tax reporting.
Think of it as a "company-as-a-service" — you get the benefits of having a legitimate business entity to invoice through, without the paperwork of actually running one.
How Xolo Go Works
Sign Up
Create account, verify identity (ID + selfie), get approved in ~48 hours.
Create Invoice
Enter client details, amount, and description. Xolo generates VAT-compliant invoice.
Client Pays
Client pays to Xolo's bank account. Invoice marked as paid automatically.
Get Paid
Xolo deducts 4.5% fee and transfers rest to your bank account.
Pros and Cons
Pros
- No company needed — Start invoicing immediately without registration
- No monthly fees — Only pay when you invoice (pure usage-based)
- Fast setup — Approved within 48 hours, not weeks
- VAT handled — Xolo manages all VAT compliance
- Professional invoices — Look legitimate to clients worldwide
- 180+ countries — Invoice clients almost anywhere
Cons
- 4.5% adds up — At €5k/mo, you're paying €225/mo (more than Xolo Leap)
- Not your own company — You don't build business equity
- Limited flexibility — Can't hire, no company bank account
- Crypto payments excluded — Can't invoice for crypto-related work
- Services only — Can't sell physical products
Who Is Xolo Go For?
Perfect For
- Freelancers invoicing under €3,000/month
- Side hustlers with occasional gigs
- Content creators with brand deals
- Consultants just starting out
- Anyone testing freelance before committing
- People who want zero admin overhead
Not Ideal For
- High-volume freelancers (€5k+/month)
- Anyone who wants their own company
- People selling physical products
- Crypto or blockchain-related work
- Those who need a business bank account
- Freelancers who want to hire others
Xolo Go vs Xolo Leap
The key question: when should you upgrade to Xolo Leap (your own Estonian company)?
| Feature | Xolo Go | Xolo Leap |
|---|---|---|
| Monthly cost | €0 (4.5% per invoice) | €79-129/month |
| Own company | Yes (Estonian OÜ) | |
| Business bank account | Yes | |
| Hire contractors | Yes | |
| Sell products | Yes | |
| Breakeven point | ~€2,000-3,000/month in invoices | |
Alternatives to Xolo Go
Xolo Leap
€79-129/month
Your own Estonian company. Better for €3k+/month invoicing. Includes company, bank account, accounting, compliance.
Read ReviewRegister Company Locally
If you're invoicing significant amounts in your home country, a local company might make more sense for tax purposes.
Payoneer / Wise
Payment services that let you receive money, but don't provide invoicing infrastructure or VAT compliance.
Frequently Asked Questions
Common questions about Xolo Go
All information verified as of December 2025. Prices and features subject to change. Always verify current pricing with providers.
