Ireland has plenty to offer foreign organisations. We have an attractive and stable corporate tax regime and a flexible and skilled workforce. These two factors, amongst others, have resulted in Ireland becoming one of the most favoured locations for foreign investment in the last decade. The data below underscores the international confidence in the Irish proposition, and why major organisations choose to invest in Ireland.
- Ireland’s corporate tax rate is 12.5%. Organisations also benefit from a comprehensive tax treaty network providing tax treaties with 75 countries
- The IMD World Competitiveness Yearbook 2018 ranked Ireland 12th in the world for overall competitiveness
- Ireland’s membership of the EU and Eurozone provides easy access to the EU internal market
- 1270 foreign companies have chosen Ireland as a strategic location in Europe.
Given this context, it is easy to understand why nine of the world’s top ten ICT companies have chosen to base their EMEA operations in Ireland. We are pleased to represent eight of these. Our specialised technology team operates at the top end of this market, advising on highly complex issues with an international impact, particularly regarding data privacy, outsourcing, strategic partnerships and IP.
Another major beneficiary of investment in Ireland is financial services, which includes banking, investment funds, asset financing and insurance. Ireland is home to over 50% of the world’s leading organisations in this sector. Our financial services regulatory practice advises such businesses on establishment and investment in Ireland. Our award-winning finance teams work closely with local and global finance houses.
We hope this guide is helpful in your organisation’s assessment of its investment options. If we can be of any further assistance, or if you require additional information, please feel free to contact us.
Declan Black Kevin Hoy
Managing Partner Chair