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The Shannon Free Zone in Ireland

Updated on Thursday 26th January 2017

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The-Shannon-Free-Zone-in-Ireland.jpgInvestors who want to open a company in Ireland can also establish their business in the Shannon Free Zone, which is situated very close to the city of Limerick, one of the most important business centres of the country. Moreover, the Shannon Free Zone benefits from a strategic position, as it is two hours away from Dublin, the Irish capital city and the largest financial centre of the country. A free zone is a defined location dedicated to a certain investment field (or fields), in which investors benefit from various incentives and logistics facilities. Our team of company formation representatives in Ireland can offer more details referring to the registration of a business in Ireland and which are the premises in opening an Irish company in the Shannon Free Zone
 

The main characteristics of the Shannon Free Zone 

 
One of the main aspects investors should take into consideration if they are interested in company formation in Ireland is that the Shannon Free Zone (SFZ) is the first free zone established at a worldwide level, having a long business tradition, compared with other states. The SFZ was set up in 1959 and, at the moment, it represents the largest business centre outside Dublin, providing attractive measures for various business fields. 
 
Amongst the most important business fields which are well represented in the SFZ, we mention the following: 
 
aviation/aerospace industry;
financial services;
pharmaceutics;
medical industry;
manufacturing.
 
Comprised of more than 600 acres, the SFZ employs 7,000 persons with a high level of skills and more than 100 companies (both local and foreign) are having business operations in this region. In order to start a company in SFZ, the investors are required to obtain a license and our team of Irish company formation agents can provide assistance on this procedure. 
 

Register a company in SFZ in Ireland  

Investors are interested in registering a business here due to an advantageous tax regime, which refers to the following: 
 
Value Added Tax exemption;
custom duty exemption. 
 
In order to obtain a license in SFZ, the investors will need a certificate issued by the Ministry of the Enterprise and Employment, as specified by the Custom Free Airport Act 1958
 
If you need further details referring to company registration in Ireland, please address to our team of Irish company formation consultants
 

Comments

  • Brad 2016-09-20

    I suppose the region has many advantages. What is the simplest way to start a business in the Shannon Free Zone? I'd be interested in setting my business operations here, as I alo have a small business in Limerick.

    Hello Brad! We can assist you in setting up a company in this Free Zone, but first please send us a detailed e-mail with your request at office(at)lawyersireland.eu. We will respond as fast as possible with all the necessary details. Have a great day!

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