By Simon O’ Connor, 25th Sept 2016
Ireland has attracted foreign investment for some time and continues to do so. At the moment, over 1,000 international companies have decided to register a company in Ireland and now serve Europe from Ireland. This includes tech giants such as Google, Yahoo and Facebook as well as some of the largest pharmaceutical, bio sciences and manufacturing companies in the world.
Taxation in Ireland
Ireland has an extremely attractive tax system which provides investors with many advantages. The country has one of the lowest corporation tax rates in the world of just 12.5% which is fully transparent and does not breach EU or OECD harmful tax competition criteria. At the moment, Ireland has double taxation treaties with almost 50 countries around the world.
Ireland highly skilled workforce ranked the country Number 1 for skilled labour in 2014. A highly educated and committed workforce is one of the reasons for Irelands success as an attractive and open economy. Ireland has also ranked in the top 10 best educated countries in the work according the OECD “Education at a Glance” report.
In Ireland, there is strong relationship between businesses, government, universities and IDA Ireland to provide outstanding support to those looking to incorporate a company in Ireland. Once incorporated in the country, companies can continue to benefit from a total commitment from government and other stakeholders to help ensure that Ireland continues to deliver exceptional returns.
To view the requirements that need to be considered in order to register an Irish company please click here or for more information call us on +353 16874519.