Registration of companies in Ireland

ireland
COST OF READY COMPANY:

from 5565 c.u.

The Republic of Ireland is a state in Western Europe, which borders with Northern Ireland, which is a part of the Kingdom of Great Britain and Northern Ireland.

In recent years, the Irish economy has been seriously developing due to foreign investments, low taxes and all kinds of encouragement of trade and international relations.

Being a part of the EU since 1973, Ireland has fairly close relations with all member states of the European Union and an access to the European market.

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Get a free consultation from leading experts!

Our specialists are always ready to help you and answer any question!

  • We will find out which jurisdiction is most suitable for you, taking into account the objectives of your business
  • We will accompany you through the entire registration process
  • We will share valuable experience
  • If necessary, we will provide services for the maintenance of the company

Registration of a company in Ireland

Today, many consider Ireland as a place to register a company. One of the most common areas is trade, the tax rate is 12.5%.

For other companies, the tax rate varies within 25%.

Contact our lawyers and get a free professional consultation.

Why choose Ireland

If you are just considering taking your business abroad, Ireland may be the right choice.

There are a number of rather attractive factors of Ireland as a jurisdiction:

  • communication system is at the highest level
  • stable political situation
  • comprehensive support for entrepreneurship
  • comfortable tax rates

What company is profitable to open in Ireland?

Today the most popular form is Private limited company (Private company with limited liability).

Features of registering a company in Ireland

Companies registered in this jurisdiction shall have a number of features.

  • The name must contain a reference to the form of ownership of the company
  • Director shall be a EU resident (at least, 1 person)
  • The liability of the members of the company is limited or not limited according to the form of the company
  • The minimum authorized capital is not fixed
  • The company must have at least one investor
  • The company shall have a registered office in Ireland

Features of accounting

From an accounting point of view, Irish companies are required to keep and submit accounts on time.

Depending on the type of the company, it is necessary to conduct an audit and submit financial reports to state control bodies.

Companies with a low average annual turnover (no more than 8,000,000 million), with the number of employees no more than 50 people fall under the concessions.

Features of taxation

Although Ireland’s tax laws comply with EU requirements, this jurisdiction is considered one of the most convenient due to low rates and various benefits.

There are different categories of taxes. Each has its own rate in accordance with the type of he company and the availability of benefits.
Corporate tax is 12.5% for companies engaged in trading. For everyone else it is 25%.

Capital gains tax is 33%.

Startups enjoy special tax incentives.

Other taxes range from 15-20% (royalties, dividends).

There are a number of conditions under which you can reduce the rate to 10%. In order to find out all the possibilities of doing a profitable business in Ireland, contact our lawyers.

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