What are the advantages of setting up an offshore company in Ireland?
Here are the best Ireland advantages on offer to you
Ireland is an excellent European option for international trade.
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Setting up your business in Ireland
Ireland advantages – a base for your international operations
The 2008-2012 Business Environment Ranking of the Economist Intelligence Unit placed Ireland 11th globally out of 82 countries, naming it as one of the most attractive business locations in the world. Furthermore, Forbes 2011 named Ireland as the best country in Europe in which to do business.
The recent Business Environment Ranking of the Economist Intelligence Unit placed Ireland 11th globally out of 82 countries, naming it as one of the most attractive business locations in the world. A politically stable country and respected regulatory regime.
The World Bank’s “Doing business” Report rates Ireland as the easiest place in the European Union (EU) to start a business and as having the most business-friendly tax regime of any country in Europe or the Americas.
Ireland is a member of the Eurozone which has been described as the largest and most affluent economy in the world according to the International Monetary Fund (IMF). Ireland itself has a small yet highly globalised economy. Last year, Ireland had the fastest growing economy in Europe and is currently set to be the fastest-growing economy again in 2015 and 2016.
Why do so many multinational corporations have international headquarters in Ireland?
An Intellectual Property regime which allows a tax write off for widely defined IP acquisitions.
Ireland advantages have been spotted by many of the world’s best-known companies. Google is using a network of Irish companies to save millions in taxes. Filings that Google lodged with the US regulatory authorities indicate the multinational’s effective tax rate has dropped from 39 per cent to 31 per cent, indicating it is saving approximately €100 million a year in taxes via its Irish business.