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Foreign Direct Investment (FDI)
Why Ireland?
Rated as the second most attractive country globally for FDI*,
Ireland has firmly established itself as an important base for international
business operations across a variety of sectors especially financial
services, life sciences, information and communications technologies
and digital media. Despite global economic difficulties, FDI has
continued to grow in Ireland year on year with most recent figures
indicating a rise of 15% in the number of FDI projects coming in
to Ireland in 2010, leading to the total number of foreign companies
having invested in Ireland at approximately 1,500.
The key benefits and incentives attracting this level of FDI
to Ireland include those listed below.
- a low corporation tax rate of 12.5% on trading profits
- double taxation treaty network with over 50 countries
- generous tax incentives including a research and development
tax credit of 25% and capital allowances
on intellectual property and certain intangible assets
- ease of access to the European market as an EU
and Euro-Zone member country
- a highly skilled, well educated, English speaking workforce
- transparent, yet comprehensive, regulatory regimes
in areas such as financial services
Why LK Shields Solicitors?
As a multidisciplinary commercial law firm, whose lawyers
are experienced in FDI issues, we are ideally placed to advise clients
seeking to establish operations or engage in international service
projects in Ireland.
Through hands on personal service our dedicated team of lawyers
provide the levels of efficiency, technical know how and commercial
pragmatism required by our international and Irish clients. We ensure
partner level leadership on every matter and our focus is to provide
responsive and cost effective advice and support at all times. Our
aim is to advise and guide our clients to enable them achieve their
aims in terms of establishment, development and growth in Ireland.
Through advising a wide base of FDI clients and participation in
various international trade organisations we have experience of
the key commercial and legal issues facing international businesses
operating in the Irish market. We also have an extensive network
of correspondent law firms in over 80 jurisdictions worldwide, which
enables us to assist clients exporting to or expanding into other
markets.
Our Guide
to Investing and Working in Ireland provides a useful introduction
and overview for any individual or
company interested in doing business in Ireland. You can download
here.
Our Practice Areas
As a multidisciplinary law firm, our team has the requisite skills
and experience to advise on the key legal issues arising from the
establishment and ongoing operation of a business in the Irish market.
This includes the areas listed below.
* National Irish Bank / fDi Intelligence
Inward Investment Performance Monitor 2010
© 2003-2011 LK Shields Solicitors.
All rights reserved.
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