By Bébhinn Egan, 8 January 2026
The Companies Registration Office (CRO) has announced that 2025 saw a record-breaking 26,352 new company formations across Ireland, an impressive 9% increase on 2024’s numbers.
This surge in company incorporations tells a compelling story about Ireland’s economic landscape. Despite global uncertainties and ongoing challenges in various sectors, entrepreneurs are clearly backing themselves and the Irish economy. The steady year-on-year growth suggests that Ireland remains an attractive environment for starting and scaling businesses.
What’s driving this trend? Several factors likely contribute to the increase. Ireland’s well-educated workforce, competitive corporate tax environment, and strong connections to both European and international markets continue to make it an appealing base for new ventures. The country’s robust startup ecosystem, particularly in Dublin but increasingly in regional hubs like Cork, Galway, and Limerick, provides crucial support networks for new founders.
Looking Ahead
For Ireland’s economy, this record number represents future tax revenue, employment opportunities, and innovation potential. Each of these 26,352 new companies could become the next success story, further cementing Ireland’s reputation as a dynamic, business-friendly nation.
Our Managing Director, Andrew Lambe, notes: “These figures demonstrate continuing buoyancy and a growth trend in the Irish economy, despite obvious domestic and international headwinds. The fact is that median net wealth per Irish household has more than doubled in the last ten years, and today’s figures reinforce Ireland’s position as one of the most creative and best small countries in the world to do business.”
