Located off the coast of England and Wales, the Republic of Ireland takes up the majority of the island of Ireland and has grown to be one of the most attractive tax regimes in the world. One of the largest and most well-connected offshore locations, Ireland boasts over 74 double tax agreements (DTAs) including those with the US, UK, and Canada. This makes it a popular choice for individuals and multinational companies alike seeking to transfer operations to avoid high and limiting tax rates elsewhere.
Creating an offshore company and ensuring compliance can be confusing and hectic. At Mass Accounting, we work with a team of local agents in Ireland as well as a number of banks such as AIB. This allows us to keep up to date with legal requirements and documentation for creating and maintaining legal offshore trusts, bank accounts, and companies so you don't have to.
Whether you're looking for help registering your business, need help creating offshore trusts, or are looking to transfer your Ireland company to new management, we can help. Цель Mass Accounting - предоставить всеобъемлющие услуги для регистрации компаний, которые сделают процесс максимально простым и удобным. Для этого мы предлагаем:
The standart pack includes all incorporation documentation and government fees
Registered Office Address
Registered Agent Services
Company Secretarial Maintenance
All Government fees due on incorporation
860 EURO
In addition to all incorporation documentation and government fees, this pack contains the appointment of a Professional Director and Shareholder and a local offshore bank account
Registered Office Address
Registered Agent Services
Company Secretarial Maintenance
All Government fees due on incorporation
Professional Director Service
Professional Shareholder
Offshore Bank Account
2730 EURO
Includes the same as our Privacy pack including the services of Professional Directors, Shareholders and a bank account with a prestigious offshore bank account with the provision of Bank Signatories
Registered Office Address
Registered Agent Services
Company Secretarial Maintenance
All Government fees due on incorporation
Professional Director Service
Professional Shareholder
Provision of Bank Signatories
Prestigious Offshore Bank Account
4760 EURO
Ireland has one of the lowest tax rates in the developed world. Within the EU, Irish tax rates are outmatched only by the Isle of Man and the Channel Islands (which have a hard-to-beat tax rate of 0%). Ireland's rates are also only slightly higher than those of Cyprus and a handful of other European countries which have tax rates around 10%. Irish companies pay just 12.5% on their trading income and 25% on their non-trading income in taxes.
While other countries may have comparable or even lower tax rates than Ireland when it comes to offshore companies, they are not as well connected. As part of the OECD's ‘white list,' Ireland has a number of agreements that allow for information exchanges between countries for tax purposes. But, more importantly, the country has some of the most DTAs in the world. These connections ensure that companies in countries that have agreements with Ireland can take full advantage of the country's tax rates by offsetting those they may otherwise face in their home country. Some of the 74 countries Ireland has DTAs with include: Albania, Australia, Austria, Bahrain, Belarus, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Israel, Japan, Mexico, Morocco, Netherlands, New Zealand, Norway, Pakistan, Poland, Portugal, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, US, UK.
In addition to the 74 agreements already in effect, there are also several others currently under negotiation with other countries. These agreements can have benefits such as reducing or making exempt certain taxes such as those on dividends, royalties, and capital gains in certain circumstances.
An Irish company is required to disclose the identity of its directors and members as well as financial information and statement of accounts to the Public Registry. However, a shareholder can act on behalf of a beneficial owner to keep their identity private. Nominee shareholders, directors, etc. may also be used for greater confidentiality.
The minimum for issued capital in the Republic of Ireland is two shares of par value, which requires 1% capital duty. There is no maximum and no payable capital duty on authorized capital.
The tax laws in Ireland enable companies to issue both ordinary and preference shares for the benefit of their business. While ordinary shares provide a portion of equity and, in many cases, voting rights, preference shares grant even greater benefits, such as those related to the payment of company dividends.