Ireland is becoming increasingly attractive as a holding company location for foreign investors particularly where it is combined with a trading activity such as headquarter activities, treasury or research & development. 9 out of 10 of the World’s leading Technology and Internet companies have their base in ireland. Ireland is also home to over 50% of the world’s leading Financial Services firms. Ireland is a member of the European Union and the European Economic Area (the “Euro Zone”) which allows for easy trade of services and products throughout the EU, as well as other supports available from agencies supporting businesses in the area.
In Ireland a limited liability company enjoys low corporate tax rates& beneficial cash flow. Ireland’s Corporate Tax Rate of 12.5% is one of the lowest in the World. A 0% rate is also available, though subject to conditions and the benefit is limited to the amount of employers PRSI paid on staff salaries. You may also qualify for tax incentives for holding/headquarter companies and benefit from the Network of Double Tax Treaties that reduce withholding taxes.
For further information on setting up company in Ireland, contact our support staff.