Xolo VS Comistar: The Comparison | Estonian e-Residency Services
We’ve already written an article on Estonian e-Residency service providers. After that, we’ve decided that it might be a good idea to compare two particular providers. In this article, we’ll be looking at Xolo VS Comistar. This will include what Xolo and Comistar companies, and what exactly is different between the two. So, let’s get started!
What Is Xolo
Xolo is a company that was founded in 2015 to provide expert e-Residency help. Getting started with a company such as Xolo is easy. All you have to do is go through their simple sign-up process and get your business started as fast as possible. Once you’ve done this, Xolo will then provide the tools needed to move forward. These tools include invoicing, banking, and expense management tools. , Xolo’s aim is to take care of the frustrating aspects of running a business, such as accounting. Meanwhile, you can focus on the more important aspects of your businesses’ growth. Check out our Xolo Review for more insights.
What Is Comistar
Comistar was founded in 2012 and kick-started its operations in 2013. Comistar started out simply advising tax structures, as a traditional consulting company. It was in 2017, not long after Xolo has disrupted the market, that Comistar moved into the world of e-Residency. Comistar became an e-Residency partner in 2018. After this, they started to look into providing more help to those who have more complex needs.
Xolo or Comistar
Now that we have a fundamental understanding of what each company does, let’s compare the two.
Xolo Pros
- One-Man Company Clients Accepted
- Digital Products
- Freelancers
Xolo Cons
- Physical Products
- Allows Multiple Company Shareholders
- Licensed Activities
Comistar Pros
- One-Man Company Clients Accepted
- Digital Products
- Physical Products
- Allows Multiple Company Shareholders
- Licensed Activities
Comistar Cons
- Freelancers
As you can see in this table, Xolo is definitely a more simplified and sleek company. It has a more tailor-made viewpoint of what they offer to specific people. Comistar puts a hand in every basket and helps those in all the more complex and varying aspects of business ownership and management.
Pricing
Now that we know what each company offers its clients, how much will they cost? We’ll be going over the pricing for both Xolo and Comistar in comparison to each other. First, we’ll start with Xolo’s prices for their subscriptions.
Xolo Pricing
Xolo offers four different subscription choices to their customers. Anybody can make use of Xolo Go for free. The drawback of this free service is the lack of tools you will receive in return. With this plan, you will only receive the basic business tools to help assist your growth. The only financial implication of using Xolo Go is that Xolo will take 5% of the fee of any payout you make.
Beyond that are Xolo Leap and LeapPRO. Leap comes in at €79 per month. It gives you access to the business tools in the Xolo Go subscription, your own European Union company, and access to assistance with accounting and reports.
You can take it a step further with LeapPRO for €119 per month. It gives you all mentioned benefits, including unlimited payment gateway transactions.
Lastly, there is Growth. Growth is the most expensive of the subscriptions, costing €199 per month. However, you’ll get all the perks of LeapPRO and your own personal accountant to help assist you with running the financial ends of your company.
Note that these prices don’t include the 20 percent VAT charge and you’ll still be required to pay the €220 state fee to finalize your company’s set-up.
Comistar Pricing
You’ll also have your own Estonian Company, a legal address in Estonia and an authorized contact person to receive documents on your behalf in Estonia.
For €89 per month, you’ll gain access to all the previously mentioned benefits, plus the added bonus of an invoicing module, EORI registration, a unique VAT number, EU VIES registration, 30-minute consultation sessions, assistance with your monthly tax requirements, and accounting, and a complete annual expense report.
For €159 per month, you’ll have access to all the perks mentioned in the previous two sections. Along with these, you’ll also have a complete tax consultation once per quarter of the year. You’ll also gain access to platform businesses and MOSS too. But, if none of these plans meet your unique wants, Comistar offers the ability to create your own plan, unlike Xolo.
Xolo Go | €0/mo |
Xolo Leap | €79/mo + %20 VAT |
Xolo LeapPRO | €119/mo + %20 VAT |
Xolo Growth | €199/mo + %20 VAT |
Comistar S Plan
| €25/mo Fixed + 20% VAT |
Comistar M Plan | Starting at €89/mo + 20% VAT |
Comistar L Plan | Starting at €159/mo + 20% VAT |
Which One Is for You
In terms of which one is for you, it’s pretty simple. If you’re a person with less complex and more direct wants and needs, then Xolo does have more direct and simplified way of approaching things. But, for more detailed and complex services that are tailor-fitted to what you need, Comistar could be for you. Yet, it all comes down to your own personal wants and needs.