By Andrew Lambe, 13th November 2012 (Updated 8th October 2021) Ireland is renowned as one of the best countries in the world in which to incorporate a company. One of the most compelling reasons for this is the extensive list of tax treaties that Ireland has in place. If you are a resident in one […]
By Andrew Lambe, 8th November 2012. The effective corporate tax rate in Ireland may be as low as 6.5%, according to research conducted last week on Irish Government figures for 2010 by the political organisation United Left Alliance. This is close to half of Ireland’s marginal corporate tax rate of 12.5%, and tallies with other […]
By Paul Dillon, Tax Partner. Duignan Carthy O’Neill Accountants, Auditors and Tax Advisers. Ireland is a very favourable location for establishing securitisation companies that manage or hold assets such as bonds, stocks, and commodities. The passing of the Finance Act 2011 expanded ‘qualifying assets’ to include leasing of plant and machinery such as aircraft, ships, rolling […]
The Netherlands is the fifth-largest economy in the EU and is located in the heart of Europe. With a stable economy and excellent international industrial relations, the Netherlands is an excellent place to do business. As an EU member it has the convenient Euro currency and is positively ranked as the world’s 8th least corrupt […]
China is the world’s third-largest economy, after the US and EU and is the world’s the fastest growing economy. Foreign-owned companies in China can obtain generous tax exemptions if based in a Free Trade Zone or Export Processing Zone, making China an attractive jurisdiction for company formation. China has double taxation treaties with over 95 […]
By Andrew Lambe, 2nd October 2012 The American magazine ‘Fortune’ last week named Dublin as one of the seven best cities in the world for start-up companies and to register a business. The 7 cities, most of which are in the EU include Copenhagen, Oulu (Finland), Eindhoven (Netherlands), Stockholm, Zurich and Singapore. Out of the 7 cities mentioned, Ireland has […]
By Andrew Lambe, 4th September 2012. (Updated 7th December 2012) A very attractive feature of registering a company in Ireland is the 25% R&D tax credit that is available. December 2012 Update: The entire system relating to research and development credits is to be reviewed in 2013. In the interim, the amount of expenditure eligible […]
By Andrew Lambe, 7th August 2012 We are delighted to announce that Company Bureau (CompanyFormations.ie) has been awarded ‘Business Formation Advisory firm of the year’ for 2012 by Acquisition International in their M&A awards. This prestigious award which we were delighted to accept is testament to the hard work and professionalism of our team and […]
By Andrew Lambe, 10th July 2012 In the current economic climate, we are, not surprisingly, seeing more companies in Ireland being closed down than companies being registered. For example, in the first week of July 2012 there was 200 limited companies registered, however, 523 company closed their doors. The vast majority of these are ‘Involuntary Strike-Off’s’, […]
By Andrew Lambe. 25th May 2012. The Irish Revenue Commissioners are currently finalising proposals to make iXBRL (XBRL) filing for company financial statements and tax returns mandatory by 2014. iXBRL, which stands for stands for inline eXtensible Business Reporting Language, is a format that allows tax returns to be filed with the Revenue Commissioners electronically […]