Gig economy payments gateway
Invoice your cross border business customers and get paid to your personal bank account. We take care of taxes and running the company.
Abillio is an online tool to support your individual business, offering company-as-a-service. Starting an individual business with Abillio takes less than 10 minutes, as there will be no need to register new company or deal with paperwork and tax reports. It’s a better alternative than a micro-enterprise, self-employed, royalty / patent recipient or running your own company ( see comparison here).
Company-as-a-service allows anyone to become an Abillio member and use Abillio to bill and pay for their services. Abillio is a co-op company and each member can use it to invoice their clients.
When the money is paid out to your personal bank account, Abillio will deduct a 20% corporate income tax and transfer it to the State Treasury. You will not have to make any other tax payments (Social security contributions, personal income tax *).
In addition, Abillio will charge a service fee of 3% of the amount to be paid to you, as well as a bank commission for the transfer.
* When using our service, we strongly advise you to make social security contributions voluntarily, if it is not already done!
Great for freelancers, business people, the self-employed, such as copywriters, translators, programmers, designers and consultants. Abillio supports a wide range of services, with the exception of financial consulting, licensed services and the sale of physical goods. We are working to ensure that in the future our services can be used by representatives of all fields.
Abillio cannot be used as a substitute for regular pay.
SIA "Abillio" concluded with LIAA on 05.04.2022 contract no. SKV-L-2022/162 on receiving support within the framework of the "Promotion of International Competitiveness" measure, which is co-financed by the European Regional Development Fund.