Posts Tagged ‘foreign companies’

‘Irish Corporation Tax – Still an incentive for International Companies’

Tuesday, September 7th, 2010

Following my recent article on Corporation Tax in Ireland including the three year corporate tax exemption & recent changes in transfer pricing rules there has been news this week of the continung trend for multinational/International companies locating their activities in Ireland.

This is buoyed by goverment pressure from USA & UK offshore jursidictions such as Cayman Islands & Bermuda. Our low corporation tax rates and the continuing government commitment to these also offers a great incentive and presents a desirable option to Foreign owned corporates.

We continue to notice a steady stream of foreign companies locating in Ireland who generally operate though a private limited company or branch.

A copy of our article on corporation tax in Ireland can be viewed at http://www.omahonydonnelly.ie/corporate-taxation-ireland.html

If you would like assistance and advice on Irish corporation tax issues and setting up a private limited company or branch then we are well placed, being experienced accountants, located in Cork, Ireland with considerable experience of advising US, UK and foreign companies locating in Ireland.

Michael O’Mahony FCCA
O’Mahony Donnelly Contact Details

Foreign Companies Operating in Ireland – Branch or Place of Business?

Thursday, April 22nd, 2010

There are legal obligations on foreign companies operating in Ireland to register with the CRO, normally within 1 month of beginning operations here. Most companies will either have a Place of Business or a Branch.  The difference between these two types of registration depend on whether the company’s activities in Ireland are part of the company’s  main business or are just ancilliary activities such as a representative office with decision making on contracts being made at head office overseas. If you would like to discuss your own companies status please refer to O’Mahony Donnelly contact details.

Doing Business in Ireland

Tuesday, March 9th, 2010

If you are a foreign business considering doing business in Ireland then you will need to consider some key business issues as follows:

  • Ireland’s Government attitude to Foreign Direct Investment
  • The trading structure or business registration your company will take in Ireland whether this is through a place of business, branch registration or  limited company subsidiary
  • The legal environment for doing business in Ireland including company law, employment law & health and safety
  • Irelands taxation framework including corporation tax, VAT, PAYE/payroll taxes, double tax treaties, witholding taxes, Capital gains tax, personal taxes & social insurance law (Location of your business in Ireland could ultimately reduce your overall international corporation tax bill)
  • Availability of business premises &  skilled employees
  • Other issues such as banking, finance & intellectual property framework

We have extensive experience advising foreign companies on the issues they face when locating a business in Ireland.

Contact us to discuss in further detail. O’Mahony Donnelly Contact