Post Brexit, Ireland is Europe’s only member state where English is the primary business language. Ireland has a strategic location on one of the major sea and air routes between northern Europe and North America. The telecommunications infrastructure in Ireland is competitive and fully developed. Ireland has the youngest population in Europe with 40% of the population under 29 years of age and with high standards of education and a skilled and capable work force. The value proposition of talent and technology infrastructure enables Ireland to provide a first-class setting for investment. The Irish Government continues to pursue a pro-business economic policy by providing funding and other support incentives. The country is currently experiencing a sustained expansion phase driven by a growth in employment, increase in disposable income and in turn, increase in consumer expenditure. 

Due to Ireland’s membership of the EU, as with other EU countries, state aid rules limit the number of concessions and investment incentives available. It was in this context that Ireland abolished a number of favorable tax regimes and replaced them with a 12.5% corporation tax rate applicable to all active trading income.

Download the Ireland DBI Guide