
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.
Ireland occupies the
5th rank for the ease of paying taxes.
Switzerland also has a good rank, as it is situated on the 18th position in the World Bank
report.