Why Companies Choose Investing in Ireland
Your company is thriving and you're ready to grow even further. Companies based in Hong Kong have many potential investment opportunities. Beyond the Hong Kong Securities Market and local real estate, your company should also consider making an overseas investment. The world is open to you! Many companies just like yours decide it's a good idea to use their funds investing in Ireland. First we will tell you why, and how you can do it too with the professional help of Black Lion Ireland!
Why So Many Companies Choose to Invest in Ireland
Ireland has a highly-globalised economy. As your company searches the globe for investment opportunities, we highly encourage you to pay special attention to this option. A few of the reasons investing in Ireland is so popular include:
Favorable Tax Rates
Attractive taxation rates make Ireland very popular for businesses looking to make a lot of profit and keep as much as possible. Consider the following:
At 12.5%, Ireland has one of the lowest corporation tax rates in Europe.
Companies can take advantage of a 25% tax credit against research and development costs.
Ireland has double taxation agreements with over 60 countries, including every major trading partner.
Pro-Business Environment
Your company wouldn't be alone in Ireland, that's for sure. Almost 1,000 multinational companies have decided to use their funds investing in Ireland. This is because Ireland is a fantastic place to make your strategic European base, due to the country's pro-business environment.
Ireland has been featured as Site Selection’s ‘Best country in western Europe to invest in.’ As well, Ireland consistently ranks in the top 15 most-innovative countries in the world. This is awarded by the Global Innovation Index.
Ireland is a member of the European Union and the Eurozone
The benefits of this for your business cannot be overstated. According to the International Monetary Fund, the economy of Europe is the largest and most affluent economy in the world. Keep in mind:
The euro is the most traded currency in the world after the US dollar.
Ireland is the only English-speaking country in the eurozone.
Companies in the eurozone are not exposed to currency fluctuations when trading.
European citizens can move freely within the EU to live and work.
Being in the European Union means the brightest talent from across Europe and even the rest of the world comes together in Ireland. The result is a multinational melting pot made up of the top talent, skills, and employees.
How You Can Invest in Ireland
Many of the world’s biggest and most successful companies already have large operations in Ireland, including Microsoft, Google, Pfizer, Abbott, Facebook, and Intel. These companies have done their research and know how profitable it is to put their money in Ireland.
Are you ready to be next? Investing in Ireland is simple and profitable when you work with Black Lion Ireland! Ireland’s designation as a hub for foreign companies to invest in is unrivalled. When you reach out to our team, we'll work with you every step of the way to make the investment simple, efficient, and profitable.