Both Ireland and Switzerland
represent very good investment locations, providing numerous business incentives for the businessmen who want to start a company
in these countries. However, each country has its own characteristics which recommend them for investment purposes. Foreign entrepreneurs who are interested in Irish company formation
must know that Ireland
provides several advantages on the ease of doing business
in comparison with Switzerland
. Our team of Ireland company formation consultants
can offer assistance on this topic.
Starting a business in Ireland vs. Switzerland
According to the data provided by the World Bank referring to the aspects of starting a business, Ireland ranks as the 10th global economy for the ease of opening a company, in comparison with Switzerland, which occupies a much lower rank (71 – at the level of 2017).
Construction permits in Ireland vs. Switzerland
Many international companies are involved in the real estate sector, which requires obtaining special permits and licenses
designed for this field. Businesses operating in this sector will need to obtain construction permits
and, in this sense we mention that Ireland
occupies the 38th rank
, compared to Switzerland
, which is situated on the 68th rank at the moment.
Those who want to open a company in Ireland
will need handle a set of 10 procedures in order to obtain the respective construction permits
, while in Switzerland
, the process contains 13 main procedures.
Taxation in Ireland vs. Switzerland
Another relevant aspect when starting a business
in a foreign country refers to the corporate taxation system
. Ireland is recognised at a global level for providing an advantageous taxation
, offering one of the smallest corporate taxes
available in the European Union.
occupies the 5th rank for the ease of paying taxes
also has a good rank, as it is situated on the 18th position in the World Bank report