Company Formation Ireland

Activity in the Irish services sector expanded again in December, with the rate of job creation hitting the highest level on record, suggesting momentum in the economy was continuing apace. The picture contrasts sharply with the euro zone economy which turned in its worst quarter for over a year as further price cutting failed to generate business activity. Also of concern to policymakers, the latest round [...]

Employment in Irish based multinationals reached a record 174,488 during 2014, as the IDA secured a 20 per cent boost in new investments leading to the creation of more than 15,000 jobs. However, job losses incurred during the year increased by 25 per cent, up to 7,881, and the agency warned that a poor growth outlook in Europe will remain a challenge into 2015. According to its annual review published on [...]

The international tax environment is still too unsettled for one to predict how any changes taking place will affect the State’s attractiveness for foreign direct investment, according to outgoing chairwoman of the Revenue Commissioners Josephine Feehily. Feehily (58), who took on the position of chairwoman of the Office of the Revenue Commissioners in 2008, just as the State’s economic collapse was becomi [...]

In its latest Quarterly Economic Outlook, Ibec said the recovery "finally" reached the domestic economy with unemployment falling, investment increasing and the Irish consumer looking ahead with more confidence. The group has predicted that Christmas sales this year look set to be at their highest level since 2009. It said lower oil prices will add extra momentum to the consumer recovery, with every $10 fa [...]

The organisation called Americans for Tax Reform argues that the ability of countries such as Ireland to maintain low levels of corporation tax encourages innovation.  The group is part of a broad coalition of organisations in Canada, Spain, France, Australia and Japan which lobby for countries to maintain autonomy in relation to taxes.  It says it opposes any tax changes such as harmonisation proposed by [...]