Reasons for Investing in Ireland
Reasons for Investing in IrelandUpdated on Monday 03rd April 2017
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Ireland provides one of the most attractive business environments available for investors. Ireland, through its state institutions, offers numerous investment opportunities for foreign investors who want to open a company in this country, as well as an attractive taxation system. One of the most important reasons why investors should choose Ireland for investment purposes refers to the fact that its corporate tax is one of the smallest available at the level of the European Union (EU). Our team of lawyers in Ireland can offer advice on the investment legislation applicable here.
1. Taxation regime in Ireland
When opening a company in Ireland, investors should know that the company will be imposed with a set of taxes applicable under the Irish legislation. Ireland applies a corporate tax imposed at the rate of 12.5%. At the same time, investors can benefit from the effects of the numerous double taxation treaties signed by the Irish representatives. Such agreements can offer various tax exemptions and deductions, on which our team of Irish lawyers can offer more details.
The video below provides more information on the main reasons for investing in Ireland:
2. Competitive workforce in Ireland
The success of any business relies on the investment policies carried out by the investors, but it is also strongly related to the skills of the employees hired in the company. Ireland is known for its ability to retain and educate its workforce and it is important to know that 48% of the Irish population has gained tertiary education.
3. Top global companies in Ireland
Another reason why investors should choose Ireland as their business location refers to the fact that top global companies have located their commercial operations in this country. Ireland is represented by well-established technology and pharmaceutical companies, as well as companies operating in the field of IT or online games businesses.
4. Ireland, member –state of the EU
Ireland is a member state of the EU and thus, it harmonized its local legislation with the directives imposed by the Community. Foreigners opening a company in Ireland will have access to the Euro market, which can provide numerous tax advantages.
Businessmen interested in the investment opportunities in this country are invited to contact our law firm in Ireland for more details.