Company Formation Ireland

Ireland has the best tax policy for encouraging economic growth, according to a Republican senator and member of the powerful US Senate finance committee that helps draft American tax laws. Johnny Isakson, a senator from Georgia, praised the Irish Government’s 12.5 per cent tax rate and economic policies that encouraged companies to set up operations in Ireland. He rejected a view held by Democrats that th [...]

It said this will see the creation of 10,000 additional jobs in the sector by 2020, bringing employment levels from 35,000 to 45,000. The strategy will be launched by Minister of State at Finance, Simon Harris, later today. It will set out five strategic priorities on how Ireland can keep its edge in an increasingly competitive international financial services landscape. [...]

Revenues was up 9.6 per cent to £2.1 billion (€2.9 billion) from £1.9 billion ( €2.65 billon) 12 months earlier while operating profit rose 43 per cent to £110.1 million from £77.2 million. he company, which operates the Woodie’s chain across Ireland, and also has operations in the UK and Belgium, reported significant profit growth in its Irish merchanting business as the market recovery here accelerated. [...]

Banking group Northern Trust is to expand its operations in Limerick creating 300 new jobs over the next three years. This is the US firm’s second major expansion in three years and will bring its Limerick workforce to over 1,000 by the end of 2017. This week the company extended its second office location in the city with space for an additional 250 new desks. Operating in Ireland since 1989, Northern Tru [...]

Ireland's effective rate comes in close to the headline rate - 12.4% - just 0.1% below the Government's much criticised 12.5% advertised rate. In France, the headline rate is 33% but the effective rate is closer to 7.5%.  The tax system here also continues to be one of the most efficient in terms of bureaucracy and administration.  The "Paying Taxes 2015" survey shows that Irish companies on average spend [...]