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?
Compared to other countries in Europe, Ireland's corporation tax is fairly low. While in most countries corporation tax subsidies stand at a staggering 20%, Ireland boasts of a subdued figure which is just 12.5% of the revenue of the entity.
In efforts to encourage foreign direct investment, Ireland has set up business immigration programs that allow investors and entrepreneurs permission to stay in Ireland.
Moving to Ireland comes with the legal responsibility to pay taxes to the Irish authorities. Liability to taxation depends on the residency status you hold.
Established in 2010 under the Central Bank Reform Act, the Central Bank of Ireland is the successor to the Central Bank and the Financial Services Authority of Ireland. At present, it is the authority responsible for financial regulation 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.
