An Overview Ireland offers investors a stable, profitable, English speaking, easily
accessible base to service world markets through the
establishment of an offshore company. This is why over 1,000 overseas
companies have already undertaken direct investment in Ireland and made
Ireland their location of choice.
Ireland's competitive attractiveness is not
solely based on Irish tax benefits and costs alone, but on knowledge,
innovation, flexibility, and inter-connectability. Ireland has
demonstrated the ability to adopt and adapt to change in a unique way that fuses innovation,
knowledge, people and enterprise to meet the fast-evolving demands of world
Competitive Advantage Through Innovation
Innovation is a key source of sustainable competitive advantage. Ireland's unique innovation culture - founded on the creativity and skills of its workforce, a knowledge-based economy and pro-business government policy - has made Ireland a uniquely attractive environment in which to foster innovation and for outsourcing and developing strong business roots.
Ireland is the world's third most
globalised nation on earth, behind only Singapore and Hong Kong, according to
Ernst and Young's Globalisation and the Changing World of Business report
recently released at the World Economic Forum in Davos. The index has five
measurements: openness to trade, capital movements, exchange of technology and
ideas, labour movements and cultural integration. Each of the criteria's
weighting was validated by the business leaders surveyed.
Advantages of Setting
Up Business in Ireland
The benefits that Ireland has to offer your business include:
·Tax residency and benefit from one of the lowest corporation tax rates in
Europe which currently stands at 12.5%
·A favourable and growing International Double Taxation Treaty Network (DTTN)
·Member of the European Union (EU) which operates under a single
currency (the Euro €) enables free movement
·A young, educated and highly skilled workforce
·Strategic Government policy in favour of overseas investment in Ireland
including provision of attractive government grants
·One of the most economically accessible, competitive and
attractive business locations in the world
·An excellent location for International Property Licensing & Holding
Company Tax Structures
·A strong, stable legal system providing protection to business assets such
as intellectual property rights
·An advanced and competitive business/industrial infrastructure base
·Serviced by all major international banks
For more on what Ireland has to offerwhen setting up your business in Ireland, access theIDA’s websiteat www.idaireland.com. The IDA is theState agencywith responsibilityfor promoting foreign direct investment(FDI)in Ireland.
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