Start an Irish Business for Selling Food and Beverages
Updated on Tuesday 21st July 2020
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The food and beverages industry in Ireland represents one of the most developed economic sectors. Ireland employs approximately 250,000 persons in the agri-food sector and in 2017, this economic sector had a turnover of EUR 27,5 billion, with a total value of exportsaccounting for EUR 12,6 billion.
Investors who are interested in Irish company formation should know that a large proportion of the food exports are delivered to the United Kingdom (35%), Ireland being the top European exporter of dairy products, beef and lamb. Our team of specialists in company formation in Ireland can advise on the main procedures related to selling food and beverages products to other European countries.
The following video offers a short presentation on how to start an Irish business that sells food and beverages:
Main regulations when selling food and beverages in Ireland
Those who are interested inopening a company in Irelandthat sells food and beverages will have to comply with a set of standards, regardless of the type of business they carry out here (food stall, restaurant and others). The main regulations available for this sector are given by the Food Safety Authority of Ireland (FSAI) and our team of Ireland company formation specialists can assist in the following:
•obtaining an approval to handle, process and sell food products, depending on the types of products the company will provide on the local market;
•apply the regulations prescribed by the food hygiene legislation, given by the Regulation 852/2004/EC;
•apply a food management system following the regulations of the Hazard Analysis and Critical Control Point;
•establish a traceability system, as prescribed by the Regulation 178/2002/EC.
In order to ensure the uniquness of your business, we also recommend you register its name as a trademark in Ireland.
The advantages of opening a food and beverages company in Ireland
Ireland is one of the best destinations for opening a food and beverages company, with more and more companies interested in investing in research and development in the sector (R&D). As a general rule, it is acknowledged that approximately 3% of the Irish companies registered in this sectorinvest in R&D, which is seen as a major component for the expansion of the sector.
However, it is important to know that small Irish companies registered in the field are actively working at entering new markets, through partnerships with their suppliers. Investors are invited to contact our team of consultants in Ireland company formation mattersfor more information on the business permits addressed to a food and beverages business.
Paul Sheridan is one of our company formation specialists. He can help you establish your company in Ireland fast and easy.
Call us now at +353 1 254 6150to set up an appointment with our lawyers in Dublin, Ireland. Alternatively you can incorporate your company without traveling to Ireland. All our clients beneficiate from the joint expertize of local lawyers and international consultants.
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