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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
The Benefits Of Forming An Irish Company
According to the most recent statistics from the Irish Companies Registration Office, an average of 1,637 new companies were registered in Ireland every month in the five years to 2017. This is the highest rate of new company registration in Ireland's history, and underlines how popular the country remains as a location for investors to form a company within the European Union.
Ireland's membership of the European Union, with its access to the
Single Market and the Customs Union, is a major reason why foreign
investors are flocking to Ireland to form companies. However, what sets Ireland apart from other EU member states is a
unique combination of several other factors, including its pro-business
government, political and legal stability, a respected regulatory
regime, its use of the English language, and its common law heritage. The corporate tax regime is also a major lure. Not only are taxable
profits subject to one of the lowest corporate tax rates in the EU, of
12.5%, but the Government has put in place significant incentives to
encourage investment in high-tech operations. These include a tax credit
for research and development expenditure, and a reduced corporate tax
rate of 6.25% on certain intellectual property income under the
Knowledge Development Box (KDB) regime. Significantly, successive Irish Governments have committed to
retaining a competitive corporate tax regime. And importantly, Ireland's
tax regime, including the KDB, is considered compliant with all
internationally agreed tax standards. Furthermore, Ireland has a wide network of double tax avoidance treaties with over 70 jurisdictions. Irish company law was reformed by the Companies Act 2014, which
ushered in a more flexible regime that is more advantageous to both
domestic and foreign investors. The legislation allows for the formation of numerous types of
company. However, by far the most popular company form with investors is
the private limited company, which affords shareholders protection from
unlimited liability. Under the Companies Act, there are no requirements with regards to a
private limited company's share capital, and a limited company can be
formed with just one shareholder. The maximum number of shareholders
permitted for a private limited company is 149, all of which may reside
overseas. A private limited company must also meet the following minimum requirements: The actual process of forming an Irish limited company may seem
complex, entailing the submission of the company's constitution and Form
A1, together with the correct fee. The constitution is a standard document setting out the conditions
upon which the company is granted incorporation and the rules under
which the company proposes to regulate its affairs. A number of other details are provided on Form A1, including the
company name, its registered office, its email address, details of its
secretary and directors, their consent to acting as such, and the
subscribers and details of their shares (if any). A company can be filed in paper form or can be completed online. In
keeping with Ireland's reputation for regulatory simplicity, online
applications can be completed in a matter of minutes, with the
certificate of incorporation usually issued within five days. SMART MBS has a global reach and many decades ofexperience in the
area of international business growth. Ireland offers many unique
benefits,including modest tax rates, a strong intellectual property
(IP) regime, a highly educated workforce and anoutstanding location
within the Euro currency zone. SMART MBS can provide a cost efficient, turnkey
solution, tailored to your specific business needs. With a
professionally qualified team across a multitude of disciplines
including lawyers, accountants, tax specialists, chartered secretaries
and other relevant professionals. Why Ireland?
Attractions of an Irish company
Forming an Irish company
WHY SMART MBS?