
A
fintech company in Ireland refers to a wide category of businesses that provide
innovative measures through which
financial transactions can be completed. As a general rule,
fintech companies designate business activities carried out in the
financial sector. Businessmen who want to
open a company in Ireland in the
fintech field may benefit from numerous advantages, as the country is one of the most relevant locations for this sector.
Our team of company formation representatives in Ireland can provide in-depth assistance on the
registration of a fintech business, as well as on the incentives available for this type of activity.
Types of fintech activities in Ireland - presented by our team of Irish company formation agents
In order to
register a fintech company, the investors will need to follow the
standard registration procedure provided by the new
Companies Act.
Fintech businesses will need to be represented by a
legal entity that will have to be registered with the relevant authorities, comply with the
tax regulations available here,
hire employees following the legal requirments and other compulsory aspects.
Our team company formation agents can provide more details on the
registration of an Irish company.
When starting the procedure of
Irish company formation in the
fintech industry, the investors are advised to study the current business activities that are carried out on this market. At the moment, the
fintech sector in Ireland is represented by the following:
• transactions and payments;
• asset management;
• currency trading;
• crowdfunding;
• financial advisory;
• security and trading.
The business activities of a
fintech company can also refer to the technology applicable to
back-end operations performed by
banks and other
financial institutions, but it can also refer to
payments software and other similar services.
Why open a fintech company in Ireland?
It is advisable to start the procedure of
company formation in Ireland in the field of
financial technology because this industry is considered an investment priority by the
Irish government. The country is promoted as a
digital hub and numerous
ICT companies are operating here at the moment, as
Ireland offers numerous
corporate incentives.
For example,
companies can benefit from a
low corporate tax (of only 12,5%),
employment grants and others. It is also important to know that the country is the home of more than
50% of international organizations operating in the
financial industry.
Fintech companies can benefit from various grants, depending on their specific activities and
our team of consultants in company incorporation may provide more details. Please
contact our Irish company formation specialists for in-depth advice on the
registration of a fintech business.