Why set up a business in Ireland ?

  • We have helped a lot of SMEs from UK and other jurisdictions to set up in Ireland. Why choose Ireland ?
  • It is an ideal location for SMEs and Entrepreneurs with 12.5% Corporation Tax.
  • A young workforce (Ireland has the youngest population in Europe)
  • A 25% R & D Tax Credit
  • Fourth highest international workforce in the EU
  • Effective zero tax rate for foreign dividends
  • Fourteen of the world’s 15 top medical tech companies based here
  • Top 10 global pharmaceutical companies based here
  • Top 5 global software companies based here
  • Twelfth most competitive economy in the world and fifth for business efficiency
  • First in the world for high value foreign direct investments
  • The most educated population in Europe. Over half 30-to-34-year old’s have a third level qualification, an EU average of 40.7%.
  • Third highest quality of life in the world
  • Starting in Kinsale, Co.Cork. The Wild Atlantic Way -Ireland’s spectacular coastal route.2,600 km in length is one of the longest defined coastal routes in the world.

What are the benefits of forming an Irish company?

Cross-border trade is not the only benefit of registering a company in Ireland. Some of the main advantages include:

  • Very favourable tax system for companies. Low corporate tax rate of 12.5%
  • Ireland will be the only English-speaking country in the EU
  • Euro currency, no exchange fees when dealing across the majority of EU countries
  • Excellent Holding Company Regime
  • One of the easiest and most efficient countries in the World to do business
  • No Withholding Tax (‘WHT’) on dividends from Irish Holding Company to EU/tax treaty countries
  • Reduced rate of corporate tax for R&D/intangibles

Ireland is the ideal country for foreign direct investment and an attractive market for a business aiming to establish an EU presence.

Formation options:

Irish Subsidiary Company – 51% or more of this company’s shares are owned by the existing UK or overseas company

Irish Branch Company – This company does not issue shares and is viewed as an extension of the parent company

Irish Holding Company – This is a parent company that typically exists to hold shares of various subsidiary companies

Stand Alone Irish Company – This would entail registering a company in Ireland and transferring all assets of the existing overseas company

Contact our F & P team today to learn more about the various options available to your business as part of your Brexit strategy. We have many years of experience in company formations, company secretarial and corporate services. We can also assist with other essential services for your business including setting up a Corporate Bank Account, Corporate Tax, and VAT Registrations. Call 353 21 4774500.