Ireland has one of the fastest growing economies in the developed world, with economic growth rates consistently among the highest of the OECD countries in recent years.

One of the cornerstones of the Irish Government’s National Development Plan 2007—2013 is a commitment to continued, sustainable economic growth.

Internationally, Ireland has recently been placed 11th out of 82 countries in the Economist Intelligence Unit’s business environment rankings for 2008—2012. The rankings are a measure of the attractiveness of a country’s business environment and are reflective of the main criteria used by companies to formulate their global business strategies and investment location decisions.

Ireland’s favourable business climate has already attracted over 1,200 overseas companies, who do business successfully worldwide from Ireland. These companies have chosen to establish a presence in Ireland for a variety of fiscal and logistic reasons, including:

• One of the lowest corporate tax rates in the world—a corporation tax rate of 12.5% applies to all corporations tax resident in Ireland;

• R&D incentives—companies operating in Ireland may be eligible for tax credits for incremental expenditure on research and development;

• Access to an EU market of 537 million people—an increasing number of companies are gaining additional advantage by centralising their pan-European distribution logistics in Ireland;

• A favourable holding company regime;

• A comprehensive double taxation treaty network;

• One of the most advanced and competitive telecommunications infrastructures in Europe;

• An educated, flexible and young work force.

Our Irish team at offices in Dublin and Shannon, Co. Clare has the business expertise and local knowledge to assist companies in leveraging the benefits of a business presence in Ireland.

To find out more about the financial and corporate administration services we can provide to new Irish companies, visit  www.irishmanagedcompanies.com

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