Company Formation Ireland

The Irish growth rate is expected to be 4.6%, compared to an EU average of 1.3% and a euro zone average of 0.8%.  It is also in line with the most recent Government forecasts of 4.7% for 2014 and 3.9% for 2015. The surge in growth has taken EU officials by surprise, since the Commission's spring forecast predicted a growth rate of just 1.7%.    The Commission has also acknowledged that despite the tax cuts [...]

The chairman of the Small Firms Association, AJ Noonan, has called on the Government to ensure that risk-takers and workers are supported in Budget 2015 to deliver much needed growth to the Irish economy. Mr Noonan said the Government should allow funds to be released into business through the introduction of a 10 per cent capital gains tax for entrepreneurs selling businesses, equal to the UK regime. “His [...]

A new plan to create 93,000 extra jobs from start-ups over the next five years has been unveiled by the Government. The initiative aims to increase the number of start-up firms by 25 per cent through measures such as doubling the volume of funding available to them from angel investors. An increase in co-working and accelerator spaces is also planned as is the launch of new mentoring services and a reducti [...]

The value of buyouts involving Irish companies jumped by a whopping 450 per cent this year on the back of several high-profile tax inversion deals in the pharmaceutical sector. According to figures from information services group Experian, the value of mergers and acquisitions (M&A) in the first nine months of this year was €112.7 billion, up from just €25.1 billion last year. This was by some way the [...]

Struggling European economies should learn from how Ireland put its economy into recovery mode, the Financial Times says in an editorial in today’s newspaper, arguing that Ireland provides “growing evidence of how countries that shape up after a crisis can recover strongly despite and unfavourable international outlook”. “Few countries soared as high or crashed as hard,” the newspaper says. However, a comb [...]