The corporate tax rate in Ireland is only 12.5%, that in Britain is as high as 21%, that in China is 25%, and that in the United States is nearly three times as high as that in Ireland, reaching about 3%-4%.
Ireland's economy has developed rapidly in the past 2 years, and it is known as the "European Tiger". According to the latest trade confidence survey of HSBC, Ireland's trade confidence ranks first among European countries. Ireland's employment rate in 214-215 was the highest since 29, and it ranked third in the world as the easiest country to engage in business activities.
Ireland was once selected as the best country to do business by Forbes magazine, and it is the only country with all 11 indicators such as property rights, innovation, taxation and freedom, which are in the top 15%. In the latest survey of "the superiority of business environment" conducted by the World Bank, Ireland ranks 13th in the world.
2. Conditions for starting a company in Ireland
Businessmen from countries outside the European Economic Area may need to obtain a license to do business in Ireland according to their application for citizenship. If you meet the following conditions, you don't need to obtain a commercial license: be ministered for justice, equality &; Law Reform (Minister of Justice, Equality and Law Reform) grants refugee status (Stamp 4, ordinary residence visa) to relatives who are raised by nationals of European Economic Area countries, and exercises their effective right to live in Ireland (Stamp 4 EU FAM, EU Family Residence Visa), and grants the right to stay in Ireland under the following circumstances: the spouse of an Irish national (Stamp 4, Ordinary residence visa) The parents of Irish-born children (Stamp 4, ordinary residence visa) are in the process of asylum and are granted the right to stay in Ireland temporarily for humanitarian reasons (Stamp 4, ordinary residence visa). 2-year extension visa holders for students
3. Help you can get when doing business in Ireland:
Five institutions * * * Assistance: Enterprise Ireland
Providing consulting and financial support for high-potential emerging enterprises and encouraging the establishment of various forms of enterprises. City & County Enterprise Boards
supports the start-up and development of local businesses in Ireland. Provide services including consultation, guidance, subsidies or financial assistance for training and expansion. Chambers Ireland (Irish Chamber of Commerce)
A business association, composed of local business representatives, aims to promote local economic and social development and improve their living, working and business environment. Emerge Skillnet
aims to develop and expand minority enterprises and help them overcome business obstacles in the regulatory and cultural environment. Toil & Trouble
If you want to become an Irish self-employed, then Toil &; Trouble will be an excellent guide to introduce entrepreneurs to various procedures that need to be handled.
4. Strong government support
The rise of a large number of start-up companies can increase employment opportunities, promote exports, and thus promote overall economic development, which is why the Irish government has always advocated the establishment of enterprises. The government set up Enterprise Ireland to support companies with high growth potential. This huge team has set up branches in more than 3 countries.
In addition, the Irish Enterprise Bureau is also making active efforts to improve the R&D awareness of enterprises, and the Irish economy will develop into a more productive, innovative and competitive economy.