Company Formation Ireland

The Director of the OECD's tax policy and administration unit has said there is no pressure on Ireland to change its 12.5% tax rate.  "There is no question about the 12.5% rate, even the French have understood that Ireland will not change the rate," Pascal Saint-Amans said. He said the implementation of the OECD's anti base erosion and profit shifting measures – better known as the BEPS process, a series [...]

  Ireland's ranking in the Global Competitiveness Index has risen by one place to stand 23rd out of 138 countries surveyed.   This is the third year in a row that Ireland has risen in the index, having fallen to 28th position in 2013.   The index is compiled by the World Economic Forum, best known for its annual meeting in the Swiss ski resort of Davos. Switzerland, Singapore and the US are ranked as the [...]

  Ulster Bank owner RBS says the Irish unit is a "core franchise" for the UK taxpayer-owned group. The bank said its Irish arm is targeting a greater share of the mortgage market here, lower costs and more capital efficient use of its legacy loan assets to drive growth. Royal Bank of Scotland (RBS) group chief executive Ross McEwan made the comments in a presentation at a conference organised by Bank [...]

  Central Bank Governor Philip Lane has said that banks have already begun exploring the possibility of moving activities to Dublin following Britain's vote to leave the European Union. The Brexit decision may jeopardise London's right to sell financial services across Europe.  "There has to be some level of relocation depending on how the Brexit negotiations go," Philip Lane said in an interview with B [...]

Two companies are to create 140 new jobs over the next five years in the areas of technology and medicine. Software firm WP Engine has opened a new technical support and innovation centre in Limerick, which will lead to the creation of 100 new jobs over the next three years. WP Engine powers digital experiences for websites hosted on Wordpress. Since launching its London office last year the business' cu [...]