Why to register a public company limited by shares in the Republic of Ireland? Companies ranging from major corporations to smaller firms have been setting up operations in increasing numbers in the Republic of Ireland in recent years, to take advantage of the country's favourable business environment and become more profitable. We can help you to establish one too.
One of the main reasons to register a public company in the Republic of Ireland is to reduce a firm's tax bill by paying one of the lowest corporate tax rates in the world. This rate is currently at just 12.5% and successive governments have repeatedly said they have no intention of changing it.
The rate compares with 26% in neighbouring United Kingdom, 35% in the United States as much as 38% in Japan. Clients may use their new company in the Republic of Ireland as a regional headquarters, for instance, so that revenues earned overseas flow straight to it and are only subject to the local tax rate.
There are many other benefits of public company registration in the Republic of Ireland, including a vibrant and highly skilled workforce comprised of local people as well as those from around Europe. This provides a multilingual solution for companies who wish to use their company to deal with overseas markets, while the main language in the Republic of Ireland is English.
In addition, the country provides companies with strong legal protection for their intellectual assets, ranging from product logos and slogans to individual patents and designs.
The Republic of Ireland is recognised as being exceptionally business friendly and has extremely low levels of bureaucracy. This means it's relatively easy and quick to set up a new enterprise and start trading. Here at Coddan Formations Agency, we have a range of attractive packages for public company registration in the Republic of Ireland and you can simply apply by using our online application form, and we'll do the rest.