Forming an Irish Company
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.
Chat with our team to see how we can help you in setting up your Irish entity
Why set up a business in Ireland ?
We have helped a lot of SMEs from UK and other jurisdictions to set up in Ireland. We continue to work with international businesses looking to set up an Irish company and base here. We are a recommended expert partner for the Department of Business and Trade Overseas Referral network and British Embassy. We also work with other international bodies who want to help their Irish clients or clients looking to set up a base in Ireland. We work with globally for international businesses looking to have a base in Ireland.
We can bespoke a solution that works for businesses looking to form an Irish company and handle the compliance requirements of same and assisting in all aspects of what is required to make this happen.
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.