Why Ireland
Almost 1,000 foreign companies, many of them among the world’s best brands, have chosen Ireland as their European location because of the winning combination Ireland has to offer:
A Pro-Business Environment
The 2008-2012 Business Environment Ranking of the Economist Intelligence Unit placed Ireland 11th globally out of 82 countries, naming it as one of the most attractive business locations in the world. The Global Innovation Survey 2009 ranks Ireland as first for Foreign Direct Investment and fourth for the ease of doing business.
Attractive Corporate Tax Rate
A corporate tax rate of 12.5% applies to all corporate trading profits. The Irish Government is committed to retaining the 12.5% corporate tax rate on trading income until at least 2025.
Young, Well Educated, Innovative and Productive Workforce
Ireland has the youngest population in Europe with over 35% under the age of 25 years.
According to the IMD World Competitiveness Yearbook Ireland scores particularly well in relation to:
- Flexibility and Adaptability of Workforce when faced with new challenges
- Labour productivity
- Educational System meets the needs of a competitive economy
- Higher Education Achievement
Foreign Direct Investment
Foreign Direct Investment (FDI) will continue to play a significant role in Ireland’s future economic prosperity. IDA Ireland is the National development agency for attracting FDI into Ireland. For further information and updated Vital Statistics on Ireland as a location for FDI see www.idaireland.com