Ireland Business Formation |
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Ireland business formation is an excellent way to exploit opportunities in one of Europe's fastest-growing economies. Ireland business formation is also an ideal way to conduct international corporate affairs, a properly-structured Irish Company being a highly-effective, tax-efficient corporate vehicle. The following information will help you determine whether Ireland business formation is the optimum solution for your business objectives. |
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| Advantages of Ireland Business Formation | |||||||||||||||
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It is easy to open corporate bank accounts all over the world to support Ireland business formation. |
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Ireland's well-developed business infrastructure, stable government and low-tax regime supports Ireland Business Formation and makes it an ideal European base. An Irish company is a legitimate corporate vehicle domiciled in a reputable, highly regulated, international trading jurisdiction. |
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If properly structured, Ireland business formation is an ideal way to book international profits at a low local corporate tax rate. Ireland's corporate tax rate of 12.5%, applied to trading income and to capital gains, is the lowest in Europe and acts as a stimulus for Ireland business formation. |
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Ireland has signed double taxation treaties with 48 countries around the world, including most of the world's leading economies, providing tax advantages to Ireland business formation. |
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The Irish government actively encourages foreign investment in the country, providing grants, loan guarantees and other incentives for entrepreneurs and organisations interested in Ireland business formation. |
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Because of the positive image of an Irish company, it is an ideal vehicle to promote to customers, suppliers, investors, venture capitalists, etc in Europe and around the world. Furthermore, because of extensive government grants available to support Ireland business formation, an Irish company is ideal for a European regional or global headquarters. |
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| Disadvantages of Ireland Business Formation | |||||||||||||||
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To comply with Ireland business formation regulations, an Irish company requires at least two directors and a company secretary. At least one director must be resident within the European Union (EU), though he/she is not required to be an Irish citizen. |
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In accordance with Ireland business formation regulations, company accounts must be audited and submitted annually to the Companies Registration Office (CRO). |
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Resident Irish companies are liable to pay corporation tax on their global income. Under the Finance Bill of 1999, all companies incorporated in Ireland are classed as 'resident'. |
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| Other Information | |||||||||||||||
| Refer to the following links to read more information on Ireland business formation: | |||||||||||||||
Ireland is also one of Healy Consultants' top four favourite jurisdictions. For more information on other leading jurisdictions, kindly visit the following pages: |
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| Contact Us | |||||||||||||||
| For additional information on Ireland business formation, email email@healyconsultants.com or telephone us in Singapore at (+65) 6735 0120. | |||||||||||||||
| Back to Ireland Company Formation page. | |||||||||||||||
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