The following Commercial guidance note Produced in partnership with Pat English and Emma Doherty of Matheson provides comprehensive and up to date legal information covering:
Updated in August 2016
Ireland is consistently ranked as one of the most attractive locations globally in which to establish international operations. Ireland has succeeded in attracting some of the world’s largest companies to establish operations. These include some of the largest companies in the global technology, pharmaceutical, biosciences, manufacturing and financial industries.
The attraction of Ireland as a business location can be attributed to the positive approach of successive Irish governments to the promotion of inward investment, its membership of the European Union (EU), a very favourable corporation tax rate and a skilled and flexible labour pool. It is the combination of these and other factors, which make Ireland such a strong location for foreign direct investment.
In light of the UK’s vote in June 2016 to leave the EU, Ireland’s position as an English-speaking gateway to one of the world’s largest markets will be even more significant than in the past. Already, some entities have moved, and others are expected to move, some or all of their operations or business lines from the UK to Ireland in order to retain access to the European market. The UK’s vote to leave has no impact on Ireland’s status as a full EU Member State, and the Irish government is committed to Ireland’s continued membership of the EU.
The Companies Act 2014
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