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02/02/22
Ireland has experienced an increase in the number of high-growth companies choosing to set up in the country. Ireland has had a good track record for attracting large multinational companies for many years, but now its ability to attract high-growth companies is growing steadily.
What causes High Growth Companies to choose Ireland?
Ease of doing business
Ireland is known as a good place to do business. High-growth companies that relocate to Ireland have the opportunity to establish their operations quickly. Add to this the support given by IDA Ireland and it is clear to see why so many high-growth companies choose Ireland as a location for setting up their business.
Language
Taxation
- Corporate tax - Ireland has a favourable corporate tax rate of 12.5%.
- Tax Treaties - Ireland has one of the world's most extensive double taxation treaty networks
- Tax exemptions - Start-up companies are exempt from corporation tax for their first three years, once profits are less than €320k.
Ireland as a tech hub
The presence of well-established tech multinationals in Ireland is also attractive to high-growth companies looking to relocate. By establishing their business in Ireland, they are able to access a highly skilled workforce. The presence of so many tech giants in Ireland has created a cluster of highly educated and talented employees. In addition to this, many high-growth companies work with well-established tech multinationals.
Ireland’s Start-up scene
Ireland has a vibrant entrepreneurial ecosystem supported by incubators, accelerators, venture capital firms and government-backed programmes.
Whether a company is at the start-up, growth or scale-up stage, Ireland offers access to networks and resources designed to help businesses grow both domestically and internationally.
This ecosystem has been particularly supportive of businesses in technology, life sciences, fintech and emerging sectors where innovation and rapid scaling are key to success.
Research & Development
Ireland has developed a strong culture of collaboration between industry, academia and research institutions.
Universities and research centres work closely with private industry across numerous sectors, helping businesses access:
- Research expertise
- Innovation programmes
- Graduate talent
- Technology partnerships
The country's focus on research and innovation continues to support businesses seeking to develop new products, services and technologies for global markets.
How do you set up a company in Ireland?
If you are interested in setting up a new company in Ireland, you can contact us directly using the form below.
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