Tax

Investing in Ireland 2024

Peter Vale
By:
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Ireland represents a strategic European base because of our pro-business, low corporate tax environment and skilled workforce. As a result of these and other factors, more than 1,600 multinational companies have chosen Ireland as their investment platform.
Contents

Ireland’s low corporate tax rate, holding company regime, Research and Development (R&D) tax credit, Knowledge Development Box (KDB), Digital Games tax credit and Intellectual Property (IP) relief make it a very popular choice for inward investment. Companies based in Ireland view it as a uniquely attractive location in which to do business.

Ireland remains committed to its corporation tax rate of 12.5%. Under the OECD Pillar Two rules, Ireland will adopt the 15% minimum effective tax rate; however, this minimum rate will only apply to multinational enterprises (MNEs) with consolidated revenues of €750m or more.

Therefore, the 12.5% rate will continue to apply to companies below this threshold. Ireland’s domestic legislation to implement the 15% minimum effective tax rate will follow the EU Directive with effective date of 1 January 2024.

Download the report: Investing in Ireland 2024

Download the report: Investing in Ireland 2024

Read more about Ireland's tax advantages and investment facilitation in this comprehensive guide. Take the next step towards thriving business in Ireland.
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