Company Formation Ireland

A new EU corporate tax proposal could fundamentally change how multinationals pay their tax bills in Ireland. It comes at a sensitive time for the State, following so closely after the commission ruled phone giant Apple tapped illegal tax breaks worth around €13bn. In proposals to be unveiled tomorrow, the commission will suggest a common way for large firms to calculate taxable income in the EU, includi [...]

The European Investment Bank (EIB) is launching a "stream-lined" loan facility for Irish businesses to speed up its lending process, the Luxembourg lender said yesterday. Vice-president Anthony McDowell, Enda Kenny's former economic adviser, said the EIB wants to help plug the funding gap that he says still exists from the crisis years. Firms here are being encouraged to tap into the €315bn investment pl [...]

Project manager PM Group, earned almost €13 million profit in 2015 and said it plans to hire 500 people over the next five years. The group, whose primary business is overseeing large building and engineering projects, said on Tuesday that operating profits last year rose 21 per cent to €10.9 million. Turnover fell to €297 million last year from €350 million in 2014, but pre-tax profits rose more than 33 [...]

Business activity in the euro zone has expanded at the fastest rate this year in October, despite firms raising prices at the sharpest rate in more than five years.  The upturn in both activity and prices will make welcome reading for policymakers at the European Central Bank. The ECB left its ultra-loose policy unchanged last Thursday but kept the door open to more stimulus in December.  IHS Markit's eur [...]

Dublin Airport is to get its third hotel, with the owners of the Radisson Blu there planning the multi-million euro construction of a new seven-storey, standalone venue on the site. CG Hotels wants permission for the 144-bedroom hotel, as well as restaurant and other facilities. It will be located in the car park of the existing Radisson Blu hotel. CG Hotels is owned by investors including hotelier Patric [...]