Starting a Company or Business in Ireland?

Feb 08, 2024

Here are some advantages to setup a company in Ireland:

Ireland is a member of the European Union and provides companies with guaranteed access to the European market. It is the only English-speaking country in the Euro zone and provides an ideal hub for organisations seeking a European base. The brightest talent from across Europe is attracted here, mixing with our own to offer a multinational and multilingual melting pot of skills with a positive attitude to match. The new 2014 act in Ireland makes it easier for Directors to manage a company.

  • Ireland has a lowest 12.5% Corporation Tax rate, & huge network of double tax treaties.
  • Companies have Low Share Capital Requirement, as low as €100.
  • Ireland offers free access to over 500 Million consumers in Europe.
  • Ireland is ranked in the top 10 easiest places in the world to do business.
  • It is easier for limited company to raise finance.
  • The limited company name is protected.
  • Employees can also acquire shares in the company.
  • Making changes to the company is relatively simple.
  • Ireland has one of the most generous R & D regimes in the world allowing a tax credit of 25% on qualifying R & D expenditure. The expenditure that is eligible for tax credit is €200,000. 
  • Ireland has a Special Assignment Relief Programme which applies to employees assigned to work in Ireland. Subject to certain conditions, 30% of an employee's income in excess of €75,000 is exempt from Irish income tax and an employer can cover the cost of flights home and school fees on a tax.
  • There is Limited Liability on Shareholders. Shareholders only risk the share capital they invest. A Company is a legal entity, it is completely separate from its officers and it is the company that legal action is taken against & not the Shareholders personally.
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