The Advantages of Setting Up a Limited Company in Ireland

Ireland has become an increasingly attractive country for limited companies to set up – particularly following the UK’s decision to withdraw from the European Union in 2016. There are a number of excellent advantages to setting up a limited company in Ireland – from the access to the EU single market to the access to young English-speaking talent in the same time zone. 

In this post, we take a quick look at some of the benefits of setting up in Ireland – so keep reading to learn more. If you’d like assistance with setting up your limited company, please visit the Bond & Co website today. 

Access to EU Single Market

Following Brexit, Ireland has become a more desirable location for limited companies to set up, as it provides access to the EU single market. In the UK, it is now more difficult to do business in the EU due to the changes after the Brexit decision. As a result, if you are looking to do business with the vast, diverse European market just on your doorstep, it’s an excellent idea to base yourself in Ireland. 

Tax Benefits

Furthermore, another huge advantage of setting up in Ireland is the tax benefits. Ireland has an incredibly low corporate tax rate of 12.5%, which is far more favourable than other countries nearby – such as the UK. If you set up your business in Ireland, you will be able to take advantage of this lower tax rate, and reduce your costs in this area.

Skilled Workforce

In addition to this, Ireland has a really young population, and a huge proportion of this population is skilled – having received a higher education. Therefore, when you set up in Ireland, you will be able to easily find highly educated, active and smart individuals to work for your company. What’s more, as Ireland is English-speaking and in the same time zone as the UK, this makes it really convenient to do business with the UK as well as wider Europe too.

Searching for a Limited Company Accountant in Swords?

If you are searching for a reputable accountant that provides limited company accounting services, then Bond & Co is the firm for you. We provide first-class limited company accountancy services covering accounts, audits, payroll, bookkeeping, VAT, PAYE, RCT, CRO reports, Corporate Tax Returns, Directors Tax Return, Business and Tax Advice, and general services. Alongside this, we assist with limited company set-up, ensuring that your company is tax compliant and adheres to the required regulations. 

Our expert accountants are experienced in the setup of limited companies, so you can trust us for an efficient, transparent and reliable service. We are quick, ensure meticulous attention to detail and are open throughout the entire process. For more information about our limited company accountant in Ireland, please call us on 01 8409173. We can answer any questions you may have and provide you with further details about our accountancy services. You can also reach us by email at john@bondandco.ie and we’ll get back to you as soon as possible.