Just like any other country, the Irish government requires businesses to be registered and obtain licenses before they can start their operations. Apart from the obvious company registration license, certain business activities such as pharmaceuticals, telecommunications and IT would require separate and additional licensing.
As you might have probably guessed, fintech simply refers to financial technology. Ireland happens to be one of the major hubs for entities operating in the field of financial services and technology (fintech). It is one of the most targeted European countries by many multinational companies operating in this field. Two major reasons behind this are its skilled workforce and a favorable tax regime.
Trademarks serve as markers or identifiers by which companies can use to mark their products or services and distinguish them from those supplied by other businesses. The registration of trademarks in Ireland is not mandatory, however you are highly recommended to register your trademark to protect your brand. A trademark gives you exclusive rights to your services and products such that no one will be able to legally use your trademark without your consent.
Irish and Luxembourgian Plenipotentiaries met on the 14th of January 1972 to sign the Double taxation agreement between Ireland and Luxembourg. Their goal was to avoid double taxation and fiscal evasion in regards to capital gains and income of their nationals. Over the years, the bilateral ties of the two countries have strengthened. Both countries are members of the Organisation for Economic Co-operation and Development, the Council of Europe, and the European Union.
