IT Company
registration
in Ireland

The advantages of doing business in Ireland

• In 1973, Ireland left the British Commonwealth and joined the European Union and today is one of the most developed countries in the EU.
• Thanks to lower tax rates and the attraction of foreign investment, Ireland has become an important technological and financial center of Europe.
• The country is recognized as one of the best places to do business, confirming a consistently high position in world rankings.
• Ireland has low tax rates (corporate income tax is paid at 12.5%).
• This country is suitable for those who conduct international commercial business or work in IT services.
• There is political stability and government support for entrepreneurship.

Read more about Ireland’s advantages in the IRELAND DOING BUSINESS 2020 report

Taxes in Ireland

• Since the late 1990s, the Irish government introduced a flat tax for corporations of 12.5% (if profits do not exceed 200,000 IEP, because otherwise, it is 20%), and the tax on personal income was reduced from 40% to 20%.
• This led to a 30% increase in the real income of workers: $34,000 per capita gross domestic product, which is one of the highest in Europe. 
• VAT IS 23%.

Registering a company in Ireland

It is important to note that a local EU resident director is required in Ireland. In case there is none, a nominee director can be found.

If nominee service is not suitable, there is a solution:

You can buy a bond of 25000 EUR for 2 years. This is done by the insurance company. The bond covers the risk of 25,000 EUR. The insurance company assumes all obligations and gives guarantees to the state registry. It has to be renewed every 2 years until you have a European resident director in your company or until you create a substance in Ireland (your office+employee). If you create at least 1 job and have your own office (co-working can also be used), you can get permission from the IRS to work without this bond.

The Finevolution team will provide expert assistance on:

• Obtaining temporary residence status for Ukrainians
• Opening an individual entrepreneur in Europe
• Opening a bank account in banks in Europe
• Account opening in the payment systems
• Accounting support for individual entrepreneurs
• Accounting support of legal entities
• Business and legal advice on business immigration and relocation of companies

Our working hours are 9:00-19:00 from Monday to Friday. Send a request through the form below or a message on Telegram/Viber, Whatsapp for consultations.