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Ireland Company Formation
When properly structured, Ireland company formation is an excellent, tax-efficient way to conduct business in the European Union. The information provided below, will assist you in determining whether Ireland company formation is the optimum corporate structure to fulfill your international business objectives.
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Advantages of Ireland Company Formation |
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Ireland is positively ranked as the world's 4th freest economy in the Heritage Organisation’s The Heritage Foundation's 2009 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets.
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Ireland company formation is simple and cost-effective. According to the World Bank's 2009 Doing Business Survey, Ireland is the world's 7th easiest place to do business. The survey measures factors including business start up procedures, time, cost and minimum capital required to start a business. Furthermore, Ireland is positively ranked as the 16th least corrupt country in the 2008 Corruption Perceptions Index by Transparency International, a global measure of corruption amongst public officials and politicians. Additionally, the World Economic Forum ranks Ireland 22nd on its Global Competitiveness Report 2008-2009.
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Ireland company formation allows 100% foreign ownership. A minimum of one shareholder is required, corporate shareholders are allowed and the shareholder can be of any nationality.
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Ireland company formation is attractive due to its low corporate tax of of 12.5%, one of the lowest in the European Union (EU). An Irish company also accesses a
wide network of double taxation treaties with countries including European Union (EU) states, Australia, China, India, Japan, South Africa, South Korea and the US. |
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Ireland incorporation is stimulated by the government through Enterprise Ireland through investment grants and loan guarantees. |
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Ireland is the world's 21st most competitive economy, according to the World Bank's Global Competitiveness Report 2006-2007. Therefore, international entrepreneurs enjoy a healthy, thriving business environment.
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Healy Consultants transparent, logical procedures mean Ireland company registration is hassle-free. Clients are not required to visit Ireland at any stage of the engagement to complete Ireland company set up. |
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Following Ireland company formation, Healy Consultants can open a corporate bank account with one of the world's leading retail banks, including HSBC, Standard Chartered and Citibank.
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In the 2007 Worldwide Quality of Living Survey by Mercer, Dublin is positively ranked as the world’s 27th most livable city. |
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Ireland has a well-developed business infrastructure, stable government and low-tax regime which greatly benefits investors incorporating an Ireland entity and make it an ideal European base. Irish company formation provides a legitimate corporate vehicle domiciled in a reputable, highly regulated, international trading jurisdiction. |
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In its 2008 World Competitiveness Yearbook, the Switzerland-based IMD positively ranks Ireland as the world’s 12th most competitive economy. The ranking takes into account factors including economic performance, government efficiency, business efficiency and infrastructure. |
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Disadvantages of Ireland Company Formation
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Following Ireland company formation,
financial statements are audited and submitted annually to the Companies Registration Office. Healy Consultants will assist our clients efficiently and effectively to complete this annual statutory obligation.
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Following Ireland company formation, it is necessary to register the company for EU VAT if annual sales exceed €55,000 (US$81,000), or are expected to exceed €55,000 in a calendar year.
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Ireland company formation requires a minimum of two directors, one of whom is resident in Ireland. However, the directors can be of any nationality. |
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Contact Us |
For more information on Ireland company formation, email email@healyconsultants.com or call us at (+65) 6735 0120. |
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| © 2003 Healy Consultants Pte Ltd | EUROPE COMPANY SET UP SERVICES |