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What Ireland has to offer MNC's?
Hey there!
Guess who’s back! Why multinationals corporations are
migrating to Ireland are thoughts pondering my mind.
Multinational corporations find Ireland to be a desirable
location for business establishment for a number of reasons…the main being the
Irish ☘️
1. Ireland is the number one choice for US
Technology companies when it comes to foreign direct investment with 9 out of
the top 10 worldwide software companies located in Ireland.
2. The big factor for multinationals is tax efficiency,
with corporation tax at 12.5%, whereas it is 21% in the US. VAT is 23% for
product and services, and sales made to customers outside the European union
may get VAT exempt.
3. Ireland is a supportive environment for
startups. Dublin has huge entrepreneurial culture and access to venture
capital.
4. Ireland is actively promoting the formation of
new businesses due to the country's strong entrepreneurial activity. It takes approximately 2 weeks to form a
company in Ireland, with the average time of 10-14 days for the Companies
Registration Offices to process applications.
5. Having well-established tech multinationals is
tempting for other high growth enterprises intending to relocate.
6. Increased number tech enterprises have led to
the creation of more educated and talented workers and 43% of Ireland
population has attended third level education.
7. Ireland’s population has the youngest employees
in the EU, with 50% under the age of 35.
8. Ireland has loads of people immigrating from abroad, meaning employees are fluent in more than one language.
9. There has been a lot of progress in Ireland’s diversity and inclusion, having wide profile of employees, mixed age, gender, LGBTQ+, nationality, race, and people with disabilities.
10. Both in terms of work and personal life, Dublin
offers a higher quality of life, with 30% of the country’s workforce is based
in Dublin.
Thanks for keeping me company,
Laura
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Comments

Great to hear more about Ireland!
ReplyDeleteLoved this blog Laura its great to see what Ireland has to offer !!!
ReplyDeleteGreat facts!
ReplyDelete