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Business Indicators for Starting a Company in Ireland

Written by: Editor

Business-Indicators-for-Starting-a-Company-in-Ireland.jpgWith numerous tax advantages and attractive business incentives, Ireland stands out as one of the top European jurisdictions for investment purposes. Also, the procedure of Irish company formation is a simple one, and the registration can be completed in just few days, thanks to a very straigthforward system created by the local authorities. Ireland offers certain advantages which attracts companies across the world,a large part of them operating in top industries, such as IT or pharmaceutics. Our team of company formation agents in Ireland can offer in-depth assistance on the main reasons to invest in this country and advice on the registration procedures
 

Talented Irish workforce  

 
The company’s personnel represents one of the driving forces of any successful business. When opening a company in Ireland, it is crucial to hire employees who can meet the current needs available in the business environment. One of the top advantages provided by Ireland in this sense is that the country has one of the youngest workforces in Europe, as a third of the country’s population has an age under 25, as opposed to most of the European countries, which have to deal with various issues created by an aging society. 
 
Related to this aspect, businessmen should take into consideration that 41% of the country’s population (with an age between 25 – 64 years old) completed tertiary education. Also, the Irish citizens are known for having excellent abilities and skills necessary for the work environment
 

Attractive taxation system in Ireland  

 
One of the main reasons for investing in Ireland refers to the taxation scheme applicable to both local and foreign companies. When starting the procedure of company formation in Ireland, foreign investors will benefit from one of the lowest corporate taxes available in Europe (applicable at the rate of 12,5%). Our team of company registration representatives in Ireland can provide further details on the corporate taxes available here.  
 
Investors can also obtain tax reductions deriving from the double taxation treaties signed by Ireland (with more than 70 jurisdictions), as long as they are tax residents of one of these countries. Also, foreign dividends are exempted from taxation and companies can also benefit from research and development grants and other types of incentives.  
 
Ireland is a country in which investors can easily set up a business and our team of consultants in company formation in Ireland can offer further information in this sense. Please contact our specialists for in-depth assistance on other corporate matters.  
 

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