Advantages of an Irish company
Ireland offers several advantages for companies wishing to set up on its territory, here are some of them:
Attractive corporate tax: Ireland offers a corporate tax rate of 12.5%, one of the lowest in Europe, making it an attractive destination for international businesses.
Economic Stability: Ireland is known for its economic stability, which is an important factor for businesses looking to invest in a country for the long term.
Skilled Workforce: Ireland has a skilled and multilingual workforce, which is an advantage for businesses looking to expand into overseas markets.
Favorable regulatory environment: Ireland’s regulatory environment is considered business-friendly, with clear and predictable legislation for businesses.
Investment Network: Ireland has a well-established investment network, which facilitates international investment and can offer benefits such as grants, tax relief and financing facilities.
Access to the European Market: As a member of the European Union, Ireland offers access to the European market, which can be an advantage for businesses looking to expand their presence in Europe.
It is important to note that the benefits of setting up a business in Ireland may vary depending on the specific circumstances of each business. Therefore, it is recommended to consult a lawyer or tax advisor to determine whether Ireland is the best jurisdiction for the business in question.