Types of companies in Ireland
- Private limited company
- Responsibility
- Minimum capital
- Min. shareholders
- Recommended for
- Private limited company
- Limited
- 1 €
- 2 (max. 50)
- Foreign investor
- Public limited company
- Limited
- 39,000 €
- 7
- Public listing
- Unlimitedcompany
- Unlimited
- No
- 1
- Financial operations
- Limitedpartnership
- Limited
- No
- 1
- Worldwide subsidiary
- Partnership
- Unlimited
- No
- 1 (max. 20)
- Recommended for
Corporate tax rate in Ireland
Corporate tax rate is at 12.5% in Ireland (25% for mineral and oil extraction).
Questions
Why should I incorporate my company in Ireland?
- Tax levels are attractive.
- There are several multinational companies in strong value-added sectors such as IT or the pharmaceutical industry.
- The labour market is flexible.
Which difficulties can be encountered in Ireland?
- Because of multinationals, Ireland is very dependent on foreign companies’ strategies.
- Public and private debts are very important.
- The banking sector is vulnerable.
- Ireland is dependent on American and European taxes.
- The country is touched by the Brexit question, especially Northern Ireland.
Which are the cultural specificities of the world of work in Ireland?
- Business relationships are informal and friendly.
- Being on a first name term comes around very quickly.
- Hierarchy is not strict.
- Communication is easy.
