Regardless of whether you are a start-up business set to change the world with your revolutionary new technology, or you are the owner of a well-established company seeking to push the boundaries of your global presence outward, here at Kendlebell we believe that Ireland’s capital city, Dublin, must be on your list of potential places to set-up.
Its wonderfully welcoming people and world-renowned hospitality aside, there are many more reasons to choose Dublin as a hub for your business ambitions, so let’s talk about a few of them:
Taxation
The bottom line for your business will always come first. As such, when you are choosing an international location, finding the best taxation regime that affords you the flexibility required to make your venture a success is vital. Those based in Dublin can take advantage of Ireland’s highly attractive corporation tax rate of 12.5%.
With an excellent intellectual property (IP) regime, a 25% Research and development tax credit and an effective zero tax rate for foreign dividends also in place, Ireland’s incredible recovery and the ability for companies to thrive again in the wake of the recession makes a lot of sense.
What’s more, with 50% of the world’s top banks as well as 250 global financial institutions and 10 of the world’s top 20 insurance companies all based in the capital, confidence in the ability to access the best financial strategic minds and banking systems should be very high.
A Gateway to the Whole World
Dublin Airport is just one of four international airports in Ireland and offers an extensive number of routes into Europe and beyond.
With a comprehensive number of flights serving the United States every day and US Pre-Clearance facilities in Dublin, convenience is king for those that regularly make the trip across the Atlantic. Furthermore, additional flights have been added in 2018 to make Canada an even more accessible location, and direct flights are also now available from Dublin to Hong Kong.
Workforce
Ireland is among the top ten countries in the world in terms of the quality of its education system. With an increasing number of technology graduates in the past few years, it makes sense that 9 of the world’s top 10 technology companies have chosen to set up shop in the capital city.
Business owners can also take confidence in the fact that there is an increasingly diverse talent pool. With many nationalities choosing Dublin as their preferred destination for work, those hoping to access a workforce with considerable flexibility in terms of languages will find highly-skilled professionals from across the globe working in Dublin. And, as Brexit nears, Ireland is now the only native English-speaking country in the entire Eurozone.
Those considering Dublin should take faith in the fact that 9 of the world’s top 10 technology companies, 9 of the world’s top 10 pharmaceutical companies and 17 of the world’s top medical technology companies all choose Dublin as a European hub for their operations, which speaks to their ability to access a world-class workforce
Infrastructure
Dublin is currently undergoing major changes that will make the city more accessible to everyone that visits. With the government planning to implement the Bus Connects service that will increase the frequency of buses throughout the day, and combining this system with the existing Luas tram lines and DART/commuter train lines, travel within the city is set to become faster, more reliable and highly efficient.
Furthermore, the Dublin Bike scheme makes short trips around the city a breeze and with newer companies now bringing additional bike hire services to the market, those who wish to cut the carbon emissions will find their needs more than catered to.
A Great Place to Live and Work
Dublin is a city that can boast about and back up its claims as a truly exciting and fun place to work.
With a plethora of food, dining and social options at every turn of a corner, not to mention a thriving sporting culture, services for those that want to outsource some business tasks, and a spectacularly diverse and ground-breaking art scene, those that come to Dublin to work typically find it very difficult to leave.