taxation in switzerland | SIGTAX LIMITED Ireland

Double taxation treaty between Ireland and Malta

The Irish and the Maltese have a lot in common. They are both Islands set on the periphery of Europe, military neutral and their economic growth is at par. Furthermore, they are expected to be one of most thriving economies in the European Union in the near future. To strengthen their bilateral ties, the two nations signed a Double taxation treaty.

Types of taxes in Ireland

By law, all legal Irish entities are supposed to pay taxes on all chargeable income and gains. Ireland’s Taxes Consolidation Act which was established in 1997 is instrumental in the country’s taxation system

Switzerland-Ireland Double Taxation Treaty

Double taxation often crops up when doing business internationally and can be such a headache to the modern business world. Swiss citizens contemplating of doing business in Ireland will be relieved to know of the 1965 standing treaty that prevents double taxation in the event where a legal entity carries out taxable activities in one of the two states.

How to open a bank account in Ireland

Setting up a bank account in Ireland is no different from other countries. It’s a pretty straightforward process as long you have all the required documents. Both foreign citizens and national citizens are free to choose any Irish financial institution they would want to work with.

Schemes for self-employed non-EEA nationals In Ireland

The legal requirements for opening a sole trading company in Ireland are different for individuals outside the EU, the EEA and Switzerland compared to Irish nationals. In order to obtain authorization to remain in Ireland for a period longer than three months, non-EEA nationals have to get permission in the form of a stamp attached to the applicant’s passport or a residence permit

Applications for charitable status in Ireland

Third party agents or internal company lawyers can help firms with applications for the Charitable Status. As a general rule, the particular Irish enterprise has to undergo incorporation as a Company Limited by guarantee before proceeding with the Charitable Status request.

Coming to set up a business or invest in Ireland

In efforts to encourage foreign direct investment, Ireland has set up business immigration programs that allow investors and entrepreneurs permission to stay in Ireland.

The impact of coronavirus on Irish companies

The world is at war with an invisible enemy – the unruly COVID-19. Nations are counting bodies and economies are shrinking. How best could any government contain this deteriorating situation?