Xolo launches e-commerce support for online sellers, simplifying accounting and tax compliance

Xolo
Written by Xolo
on noviembre 06, 2024 2 min of reading

As e-commerce in Spain continues its rapid growth, Xolo is excited to announce comprehensive support for online sellers of physical goods and digital products,  broadening our platform’s capabilities to support artisans, print-on-demand creators, and sellers of both digital and physical products. With e-commerce sales in Spain expected to reach €47.3 billion by 2025, growing at an annual rate of 14.2%, the demand for efficient, easy-to-use business management solutions is higher than ever.

Through Xolo’s all-in-one platform, online sellers can now seamlessly handle invoicing, accounting, and tax compliance, all without the need for additional tools or external accountants. From automated VAT calculations to expense tracking and full compliance with Spanish tax requirements (including forms like Modelo 111, 115, 130, and 303), Xolo is dedicated to supporting freelancers and small business owners as they grow their businesses.

“E-commerce in Spain is booming, and we wanted to support small business owners with a tool that could take the weight of accounting and tax filing off their shoulders,” says Irina García, Head of Spain Operations at Xolo. “From independent artisans to print-on-demand sellers, we’re here to provide the reliability and simplicity they need to focus on growing their businesses.”

A comprehensive platform tailored for online sellers

Xolo’s e-commerce support is designed to eliminate the hassle of managing separate invoicing, tax, and accounting tools. With Xolo, sellers can access:

  • Automatic VAT calculations: Covering standard rates of 4%, 10%, and 21%.
  • Professional invoices: Invoices are automatically synced with tax reports, keeping sellers compliant with minimal effort.
  • Expense management: Effortlessly track costs like shipping, packaging, and platform fees.
  • Tax filings: Xolo handles submission for all required Spanish tax forms, such as Modelos 111, 115, 130, and 303.

“Compliance can be one of the biggest challenges for e-commerce sellers, especially with changing VAT rates and the various Spanish tax forms,” says Ariadna Julià, Xolo’s Accounting Team Lead. 

“Our team has worked hard to ensure that every step is as smooth as possible, so sellers know they’re covered by a team that understands the ins and outs of Spanish tax requirements.”- Ariadna, added.

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Built for all types of online sellers

Whether selling handmade products, print-on-demand items, or digital downloads, Xolo adapts to the needs of diverse online business models. Recognizing the variety within e-commerce, we’re also developing tools to support dropshipping and Amazon sellers, including support for the Recargo de Equivalencia regime, a specialized VAT system in Spain for businesses that resell goods without alteration.

Xolo is also enhancing cross-border support, covering B2B transactions across the EU and soon expanding to B2C transactions, providing full VAT compliance and documentation for both EU and non-EU transactions.

Proactive support from an expert team

Beyond the platform’s tools, Xolo offers its users access to a dedicated team of accounting professionals with over a decade of experience. Xolo’s team provides proactive guidance, keeping sellers informed about tax updates, supporting autónomo registration, and answering questions about compliance and regulations. With this expertise, Xolo empowers sellers to focus on their business, not the paperwork.

"Xolo’s goal is to make e-commerce a less stressful experience,” adds Irina. “Our users can confidently leave the paperwork to us, knowing that they have the support of an experienced team and a platform that adapts to their needs as their business grows.”

Looking ahead: More support, more features

As e-commerce continues to evolve, Xolo remains committed to providing small business owners and freelancers with the tools they need to succeed in an increasingly digital market. From autónomo registration to VAT compliance, Xolo’s platform is ready to make a lasting impact on the e-commerce sector in Spain.

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Handle your e-commerce business accounting with Xolo

Xolo is the ultimate accounting solution designed specifically for e-commerce businesses. Whether you’re selling handmade crafts, digital products, or print-on-demand items, Xolo’s all-in-one platform simplifies the complexities of running an online business. From automated VAT calculations and invoicing to seamless tax filing and expense tracking, Xolo handles all the back-office tasks so you can focus on what you love. With support for essential tax forms, autónomo registration, and personalized guidance from an expert team, Xolo is the go-to partner for e-commerce sellers looking to grow with confidence.

Delegate your back-office tasks to us now. Sign up now ->

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