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Company Formation Ireland

Business news affecting the Irish economy here:

Dublin office rents could rise to new record by 2018 - 16/12/2016
Headline office rents in Dublin could rise to a new record of €67 per square foot by 2018, according to new research from property agent Savills. The analysis by its director of research John McCartney shows that rents for top-quality offices in Dublin’s prime business locations stand at about €60 per square foot, although the growth has slowed somewhat this year. Mr McCartney said base effects, combined [...]
Central Bank expects Brexit relocation decisions early in 2017 - 15/12/2016
The Central Bank expects UK financial services firms affected by Brexit to make a decision on relocating here or elsewhere in the EU in the first half of 2017. At a press briefing to launch its latest macrofinancial review, Ed Sibley, director of credit institutions, said firms had visited Ireland on fact-finding missions but he expected to see “more definitive deliberations” around which jurisdictions th [...]
Lloyds of London to establish EU base in 2017 - 15/12/2016
Dublin could be amongst of a short list of destinations that could house Lloyd's of London new European offices. The iconic insurance market that has become synonymous with the London financial district is exploring the viability of five European locations, including Dublin, to move part of its operations to after Brexit, it has been reported. According to a report in the Financial Times Lloyd's will look [...]
Ireland has been ranked in the top 10 tax havens for big business - 12/12/2016
Ireland has been ranked in the top 10 tax havens for big business. Oxfam branded the Republic the sixth-worst country for helping corporations to cheat their way out of billions of euros in tax bills each year. The development agency said profit-shifting, sweetheart deals and a lack of effective tax-dodging rules influenced the damning score. Jim Clarken, chief executive of the charity's Irish division, s [...]
Siro doubles workforce to 120 as broadband demand soars - 12/12/2016
ESB-Vodafone joint venture Siro has doubled its workforce to 120 in the past 12 months. The company, which is vying for the Government’s National Broadband Plan (NBP), made the announcement at the opening of its new Dublin headquarters in Carrickmines. It also noted that more than 40,000 premises in 17 regional towns now had access to its new fibre broadband product, making it the largest fibre-to-the-bui [...]
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