Ireland and Denmark are both very competitive economies, providing a high level of regulations related to the business environment. However, the two countries have a set of differences in terms of the
ease of doing business. Investors who are interested in
company formation should know that
Ireland occupies the
10th rank at a global level for starting a business, in a study conducted by the
World Bank for 2017.
Our team of Irish company formation specialists can provide in-depth information on the main aspects regulating the
incorporation of a business here.
Doing business in Ireland vs. Denmark
According to the data provided by the World Bank, Ireland is the 10th global economy for the ease of starting a business. Although Denmark provides an attractive business environment, in the World Bank study, the country is situated on a much lower rank - the 24th.
Regulations for foreign investors in Ireland vs. Denmark - explained by our Ireland company formation agents
With an attractive legislative framework,
Ireland and Denmark are situated on similar positions in terms of
protecting the minority investors. Entrepreneurs interested in
opening a company in Ireland have better conditions here, as the country ranks as the
13th economy, while
Denmark is situated on a similar position, being the 19th global economy for the
regulations protecting the minority investors.
The index referring to the protection of minority investors takes into consideration aspects such as:
• shareholder’s litigation aspects;
• ownership;
• corporate transparency.
Paying taxes in Ireland vs. Denmark
Another index that shows the level of competitiveness in
Ireland and Denmark refers to
paying the corporate taxes. Both countries have very similar conditions, being included on the top positions in the
World Bank study.
Ireland is ranking as the
5th economy, while
Denmark in on the 7th rank, a position which was also granted in 2016.
Foreign businessmen who want to
open an Irish company may pay their
corporate taxes in a simple procedure, that can be completed on the on-line platforms of the relevant institutions.