Companies in Ireland benefit from a low corporate tax rate (12.5%), double taxation agreements with over 70 countries and other tax incentives.
The workforce is educated and English-speaking, so employee hiring in Ireland is quite convenient.
Government policies in Ireland favour foreign investment, including research and technology-oriented activities.
Ireland consistently ranks in the World Bank’s index of top countries in which to do business.
How to Register a Business in Ireland?
The Irish authority in charge of registering a company in Ireland is the Companies Registration Office (CRO). The steps to register a business in Ireland are:
Register your business name in Ireland. The name must be unique, i.e., not already booked by another business in Ireland. This might require you to conduct a company check in Ireland.
Decide upon the structure of company incorporation, including a private company, designated activity company, public limited company, unlimited company, sole proprietorship or branch.
Prepare the Memorandum of Association (MOA) of the company.
Submit a company application form to the Companies Registration Office in Ireland.
Appoint the directors and secretary of the company.
Pay an initial government license fee to get your company incorporated.
Subsequently, you shall receive a Company Registration Number in Ireland.
Design a company seal.
Get a corporate bank account opened for your company.
Documents required to register a business in Ireland
Memorandum and Articles of Association (MAA)
Information about the type and location of activities the company would be carrying out
Personal details of the shareholders, directors and secretary
A statement of the authorized and issued share capital