Main Benefits and Reasons for Business Investment: Dublin

Dublin ranks as the 11th overall best city in the world in which to locate a business today (SECM 2007). However, there are specific areas in which Dublin scores highest and depending on your situation, may be the best choice. Ireland has the lowest business tax rate in Europe and is seen as the friendliest business climate created by any goverment in the world. Furthermore, Dublin has been voted one of the most popular cities to watch in terms of development and predicted business growth due to relocation.

The Advantages of setting up your business in Dublin

• Voted to have the top climate for businesses created by goverment (Secure European Cities Monitor 2007)
• Provides 15% lower business tax rates than most other European countries
• Low corporate tax rate of 12.5%
• Excellent tax treaty network
• Familiarity with Dublin as a business location is 41% (SECM 2007), which impresses clients with a professional set-up in a well-known business location
• The currency is Euro, which eases trade within Europe and reduces the risks of foreign currency exchange fluctuation
• Main language English
• Common-law jurisdiction in the Euro zone
• Efficient & responsive pro-business regulatory environment
• Withholding tax exemptions on most interest and dividend payments
• Highly qualified staff
• Highly developed infrastructure & telecommunications network
• Strong political support
• Easy access to the EU market of 379 million people
• Excellent international air transport infrastructure
• Total assets in excess of €350 billion (CBI 2006)
  

Dublin: top city for business

• Availability of qualified staff
• Easy access to the EU market
• Most likely to be chosen as business relocation in next 5 years
• Improving itself
• Quality telecommunications
  
• Cost of staff
  
• Value and availability of office spaces
• Spoken languages
• Quality of life for employees
• Freedom from pollution