Daily Archives: November 26, 2020


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Apart from the incredible history, landscape, food, and drinks, one of the other things that make Ireland stand out is that, when it comes to Technology companies and industries, Ireland is the smartest choice one can make. If you have heard it before, then you must be wondering why, if you haven’t heard of it so far, then here are the reasons why Ireland has been the best option for technology-based companies.

Three main reasons why Ireland has been the location to start a technology company:

1. The young and skillful employee range you can find in Ireland:

Believe it or not, Ireland possesses a good amount of young and skilled workforce. It is a fact that Ireland has the most number of young populations in Europe. And no young and skilled employee can be a “no”. Also, Ireland’s education system works so efficiently that the students are well-fed with the amount of knowledge they quench. This is the main reason why most of the top IT companies in Ireland are the top IT companies in the world.

2. The ease of conducting business in European countries:

One of the other distinguishing features of Ireland being the best option to open a technologically sound company is that Ireland stays as a member of certain Unions which makes setting up your company in Ireland, advantageous.

To identify them in short,

  • Ireland is a member of the European Union. That becomes the reason for fetching many advantages, including being accessible to over 500 million customers.
  • Secondly, Ireland is also a member of the European Economic Community. This provides advantages like making the circulation of goods, capital, and people at free of cost.

Imagine how much these advantages provided by the Unions for its member countries are going to save!

3. Research and development and other innovations that are practiced in Ireland:

Ireland has always been into Research and development and other innovation greatly that makes the entire country stand out. Some of the ways to achieve benefits out of this Research and Development and other innovation are:

  • The beneficial Tax credits: 

For the companies that adopt R&D and innovation activities get credit for about 25%. This claim can also be made even if the works are made in countries other than Ireland with the company’s origin and activity in Ireland.

  • Intellectual property development tax incentives: 

A qualifying Research and Development innovation activity that is practiced with some good innovation can expect a tax rate of 6.25% to profits.

To Conclude

There is a good amount of young and talented manpower achieved in Ireland. Apart from the human resources, there are financial aids like credit and other incentive provisions guaranteed if you start your technology-based company in Ireland. So, if you are resolved in making good returns and success in the technology industry, Ireland, with no due doubt, is the best choice you can always opt for. Also, who would not like to have some good Irish coffee looking at a beautiful landscape?