Irish Companies

Irish companies could be the successors of the UK companies, their legal and tax environment is almost copy-paste of the UK legal system, where the UK law says HMRC, replace it with commissioner or revenue, where Pounds, replace with Euro.

Corporation tax for active companies is 12.5%, something that doesn’t like the EU, but passive income is taxed at 25%.

Another characteristic is that if the director is not resident in the EU-EEA area, then a deposit bond of 25,000 Euro required as a guarantee which is quite high if you are a start-up company.

There is no plethora of Banks, as Ireland is a small country. Still, you can find alternatives with the leading financial institutions which have the licence to perform banking activities within the EU.

As Ireland is the base of the headquarters of many multinational giants, it won’t be challenging to find expertized personnel.