Although both Ireland and Spain
are members of the European Union (EU), the business environment
available in these countries is different. They both have similar regulations referring to the taxation aspects, but they impose different taxes applicable to companies. Investors interested in company formation in Ireland
have better taxation conditions
here, as the local authorities apply one of the smallest corporate taxes in the EU
, imposed at the rate of 12,5%. Our team of Irish company formation experts
can provide more details on the ease of doing business
in this country.
Ireland vs. Spain in terms of taxation
Ireland and Spain have similar taxation conditions, although the taxes imposed by each country can differ in some aspects. According to the Organisation for Economic Cooperation and Development (OECD), at the level of 2016, Ireland occupies the 15th rank in terms of ease of doing business, while Spain has a lower position in the ranking, being on the 33rd position.
Businessmen who are interested in Irish company formation
can have better business opportunities in Ireland
, due to the fact that the state is granted with the 19th place
on matters referring to starting a business
is an attractive business market too, but the conditions offered here place the country on the 79th position.
Any persons opening a company in Ireland
will also have to deal with paying taxes
in the country in which the company
is registered. In this case, it is important to know that Ireland
provides better assistance, occupying the 5th rank for the ease of paying taxes
, while Spain
has a more complicated system. In the OECD ranking
is on the 45th position (measured for 2016). Our team of specialists in company formation in Ireland
can provide more information related to ways in which taxes are paid by foreign investors here.
Ireland vs. Spain – registering a property
Some of the investors who want to start a business can purchase a property in Ireland or in Spain. It is important to know that, in this sense, both countries have similar procedures and administrative steps that must be completed. For example, Ireland and Spain have the same number of procedures related to the registration of a property.