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Company Formation Ireland

Business news affecting the Irish economy here:

Wrike to create 50 jobs through opening of new Dublin office - 21/10/2016
US management software firm Wrike is to create at least 50 new jobs through the opening of a new office in Dublin. The company already employs 25 people in the capital, having set up its European headquarters there last year. Wrike also recently opened a new data centre in Amsterdam. The new roles in Dublin are expected come on stream over the next three years To support this growth, the company has roun [...]
Dublin Port's trade up 6.8% so far this year - 20/10/2016
Trade volumes at Dublin Port increased by 6.8% in the first nine months of the year, new figures show. Total throughput (imports and exports) for the nine months to the end of September was 26.0 million gross tonnes. Exports moved ahead by 7% to 10.6 million gross tonnes in the first nine months, while imports climbed by 6.7% to 15.4 million gross tonnes. Ro-Ro freight trailers and Lo-Lo containers are th [...]
European Commission to launch controversial new tax proposals - 19/10/2016
The European Commission will next week launch controversial new proposals on corporate tax which could, in future, prevent multinational companies from negotiating secretive tax arrangements, RTÉ News has learned. The plan will also seek to harmonise the tax base across the European Union. The Commission has decided to break up a previous proposal into separate parts in the hope that a graduated approach [...]
Kellogg pays no corporation tax in Ireland as sales top €1.2bn - 19/10/2016
The main Irish arm of breakfast cereal giant Kellogg last year paid zero corporation tax for the second year running as revenues topped €1.28bn. New accounts filed by Kellogg European Trading (KET) Ltd with the Companies Office show that it recorded a 27pc jump in operating profits, from €38.7m to €49.36m, in the 12 months to the end of January 2 last. However, interest charges payable of €137.45m on loan [...]
Visa survey shows Irish consumers embracing mobile payments - 19/10/2016
Irish consumers are embracing mobile payments, turning to their smartphone, tablet or wearable And it’s not just millennials leading the move – figures show the fastest growth rate is for people aged between 55-64 years. According to Visa’s 2016 Digital Payments Study more than three quarters (78%) of Irish consumers manage their money or make payments using a mobile device. This compares with an EU avera [...]
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