Foreign Direct Investment – Investing in Ireland

Ireland offers a combination of a highly educated, skilled and flexible workforce, an advanced infrastructure and a pro-business environment. Furthermore, it has a transparent, common law based legal system and its membership of the EU ensures unrestricted access to EU markets for companies based in Ireland. Ireland remains one of the most welcoming places in the world for international business and foreign direct investment and it is a great place to invest, do business, work, and live.

Ireland is continuing to attract a significant level of foreign investment and has experienced strong and consistent growth in a number of key sectors such as:

  • Life Sciences
  • Information and Communications Technologies
  • Consumer and Industrial Products

Ireland’s prosperity is a product of its success as a trading nation and it also has competitive advantages in other strategic sectors such as agriculture and financial services.

As one of the leading professional services firms in the world, Crowe Horwath can provide you with the reassurance and expert advice you require to maximise the return on your investment in Ireland. 

Local experience, global perspective

As part of the Crowe Horwath network with firms in over 130 countries around the world we have a breath of experience providing tax solutions for multinational businesses establishing an Irish entity. Our clients include UK and US multinationals who have set-up an entity in Ireland from branches to Irish tax resident subsidiaries.

Our services for Foreign Direct Investment clients include:

  • Incorporating Irish companies
  • Tax and Valued Added Tax (VAT)
  • Company Secretarial
  • Outsourced Payroll
  • Accounting
  • Audit
  • Advisory
  • Financing

Investing in Ireland

Tax and VAT

Our tax professionals have considerable experience in advising companies considering setting-up business in Ireland. Our tax services include:

  • Assisting you with your tax compliance obligations – filing tax returns, paying tax liabilities and claiming tax reliefs
  • Liaising with the Irish tax authorities on your behalf ensuring strong cooperation and open communication
  • Determining the most tax-efficient way to structure your global operations considering the various tax laws in different jurisdictions
  • Extensive expatriate tax services including advising individuals on their exposure to Irish tax depending on their tax residence and domicile
  • Advice on claiming foreign tax credits and ensuring minimum liability to withholding taxes
  • Advice on tax incentives such as Holding Company Reliefs, R&D Tax Credits and Incentives for Intellectual Property
  • Transfer Pricing
  • Incorporation of Irish companies
  • Preparation for and assistance on all Revenue audits
  • Cross-border VAT and customs issues

Company Secretarial

Our team of company secretarial professionals helps companies and directors fulfil their statutory obligations effectively and efficiently.  Our company secretarial services include:

  • Formation of companies and registration of branches
  • Annual compliance services including submission of annual returns and holding annual meetings
  • Attendance at board meetings and minute-taking by chartered secretaries
  • Provision of Registered Office Addresses

Outsourced Payroll

We have a team of dedicated staff under the supervision of the firm’s Taxation Partners who directly oversee this department and all payroll reports are reviewed by one of the firm’s partners before being sent to clients.  Our payroll services include:

  • Calculation of all aspects of tax, social insurance, pension and other deductions
  • Ensuring ongoing compliance with the tax authorities’ requirements
  • Co-ordination of cross-jurisdiction payrolls in accordance with local regulations
  • A dedicated point of contact for all of your payroll requirements

Accounting

Our accounting services include:

  • Review and preparation of statutory financial statements in accordance with financial reporting requirements under IFRS or Irish and UK GAAP
  • Assessing risk areas and implementation and strengthening of financial accounting and internal control systems
  • reparation of weekly/monthly management accounts and completion of a detailed analysis on any variances noted.

Audit

Our audit services include:

  • Combining the standard financial statement audit with attestation of the effectiveness of internal control over financial reporting
  • Ensuring that your business is aware of all the rules and regulations under current legislation

Advisory

Our advisory services include:

  • Conducting strategic, organisational and financial reviews of your organisation
  • Helping your business to improve performance through enhancing process efficiency and better utilisation of management information

Financing

Our corporate finance services include:

  • Assisting in opening Irish bank accounts
  • Arranging financing through tax based reliefs or through third party sources of funding

Download our 2-page summary to the range of services we offer companies looking to invest in Ireland. 

Your-Partners-in-Ireland-2017 Your Tax Partners in Ireland - Crowe Horwath Ireland

 

 

 

 

 

 

 

Download our full comprehensive guide to companies seeking to establish in Ireland:

Investing in Ireland‘ Investing In Ireland - Crowe Horwath Ireland

 

Contacts
 

Grayson Buckley

PartnerTax
 

John Byrne

PartnerTax
 

Naoise Cosgrove

PartnerCorporate Finance
 

Gerard O’Reilly

PartnerCorporate Finance