Doing Business with Ireland

A comprehensive guide to doing business, exporting, investing, and manufacturing in Ireland.

Foreign Direct Investment with the International Trade Council / Company Incorporation / Company Formation

Enterprise Ireland

Tel: +353 1 727 2000
Web: www.enterprise-ireland.com

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Revenue Commissioners (Irish Customs)

Tel: +353 1 702 3010
Email: customs@revenue.ie
Web: www.revenue.ie

National Chamber of Commerce

Chambers Ireland

Tel: +353 1 400 4300
Email: info@chambers.ie
Web: www.chambers.ie

Ministry of Economy Information from the International Trade Council - a Peak-body - international chamber of commerce

Department of Enterprise, Trade and Employment

Phone: +353 1 631 2121
Email: info@enterprise.gov.ie
Web: www.enterprise.gov.ie

  • Type of Government: Parliamentary Democracy
  • Population: Approximately 5 million
  • GDP: Around $500 billion USD
  • Corporate Tax Rate: 12.5%
  • Personal Income Tax Rate: 20% to 40%
  • Major Exports: Pharmaceuticals, medical devices, computer services
  • Major Imports: Machinery, vehicles, petroleum products

 

Exporting to Ireland involves several key steps. Here’s a comprehensive guide:

  1. Research Market Requirements

    • Understand Ireland’s import regulations and standards for your product.
    • Check for any product-specific certifications needed.
  2. Identify Local Partners

    • Establish relationships with local distributors or agents in Ireland.
  3. Prepare Export Documentation

    • Include commercial invoices, packing lists, and certificates of origin.
    • Ensure compliance with Irish labeling and packaging requirements.
  4. Arrange Logistics and Shipping

    • Choose a reliable shipping company experienced with exports to Ireland.
    • Ensure accurate completion of shipping documents, such as bills of lading.
  5. Customs Declaration

    • Work with a customs broker to facilitate the clearance process.
    • Pay any necessary duties and taxes.
  6. Understand Duties and Taxes

    • Familiarize yourself with Ireland’s import duties and applicable taxes.
  7. Distribution and Sales

    • Establish distribution channels within Ireland.
    • Consider partnerships with local businesses for effective market penetration.

Key Contacts

Importing goods into Ireland involves several steps. Here’s a comprehensive guide:

  1. Obtain an EORI Number

    • Register for an Economic Operators Registration and Identification (EORI) number through the Irish Revenue.
  2. Classify Your Goods

    • Determine the correct Harmonized System (HS) code for your products to identify applicable duties and taxes.
  3. Check Import Regulations

    • Ensure compliance with Ireland’s import regulations and any necessary permits or certifications for specific products.
  4. Find a Reliable Supplier

    • Establish a relationship with a trustworthy overseas supplier.
  5. Arrange Shipping and Logistics

    • Choose a reliable freight forwarder.
    • Ensure all shipping documents are in order, including the bill of lading and commercial invoice.
  6. Customs Declaration

    • Submit an import declaration through the Automated Import System (AIS).
    • Work with a customs broker if necessary.
  7. Pay Duties and Taxes

    • Calculate and pay applicable import duties and VAT.
  8. Receive Your Goods

    • Arrange for the transportation of goods from the port to your warehouse or distribution center.

Key Contacts

  • Irish Revenue Commissioners
  • Department of Enterprise, Trade and Employment

Incorporating a company in Ireland involves several steps. Here’s a comprehensive guide:

  1. Choose a Company Type

    • Decide on the type of company (e.g., Private Limited Company, Public Limited Company).
  2. Select a Company Name

    • Ensure your company name is unique and not already registered. Use the Companies Registration Office (CRO) name search tool.
  3. Prepare Required Documentation

    • Draft the Memorandum and Articles of Association.
    • Prepare Form A1, which includes company details and director information.
  4. Register with the Companies Registration Office (CRO)

    • Submit Form A1 along with the Memorandum and Articles of Association.
    • Pay the registration fee (approximately €50 online, €100 by paper).
  5. Obtain a Company Seal

    • Purchase a company seal for official documentation.
  6. Register for Taxes

    • Obtain a tax identification number from the Irish Revenue Commissioners.
    • Register for VAT if applicable.
  7. Set Up a Business Bank Account

    • Open a bank account in the company’s name.
  8. Comply with Legal Obligations

    • Keep accurate financial records and file annual returns with the CRO.

Costs

  • Registration Fee: Approximately €50 online or €100 by paper.
  • Legal and Professional Fees: Vary based on services required.

Key Contacts

  • Companies Registration Office (CRO)
  • Irish Revenue Commissioners

Setting up a manufacturing plant in Ireland involves several steps. Here’s a comprehensive guide:

  1. Conduct Market Research

    • Analyze demand, competition, and location advantages.
  2. Choose a Suitable Location

    • Consider proximity to raw materials, transportation links, and workforce availability.
    • Check zoning regulations.
  3. Incorporate Your Company

    • Register your business with the Companies Registration Office (CRO).
  4. Obtain Necessary Permits and Licenses

    • Apply for planning permission from the local authority.
    • Secure environmental permits if required.
  5. Secure Financing

    • Explore options through banks and investment partners.
  6. Design and Construct the Facility

    • Hire architects and contractors for design and construction.
    • Ensure compliance with local building codes and safety regulations.
  7. Install Equipment and Machinery

    • Purchase and set up machinery necessary for production.
    • Ensure safety and operational standards are met.
  8. Hire and Train Workforce

    • Recruit skilled labor and provide necessary training.
  9. Set Up Supply Chain and Distribution

    • Establish relationships with suppliers and distributors.
  10. Begin Operations

    • Start production and monitor operations for efficiency and quality control.

Key Contacts

Registering a trademark in Ireland involves several steps. Here’s a comprehensive guide:

  1. Conduct a Trademark Search

    • Ensure your trademark is unique and not already registered. Use the Irish Patents Office database.
  2. Prepare Your Application

    • Include details such as the trademark design, classification of goods/services, and applicant information.
  3. Submit the Application

    • File your application online through the Irish Patents Office.
  4. Pay the Application Fee

    • Fees vary based on the number of classes. Typically, the fee is around €70 per class.
  5. Examination Process

    • The office examines the application for compliance and potential conflicts.
    • Respond to any objections or requests for additional information.
  6. Publication and Opposition

    • If approved, the trademark is published in the Official Journal for opposition.
    • A period of three months is provided for third parties to oppose the registration.
  7. Registration and Certification

    • If no oppositions arise, the trademark is registered.
    • Receive the Certificate of Registration.
  8. Maintain and Renew the Trademark

    • Trademarks are valid for 10 years and can be renewed indefinitely.
    • Submit renewal applications to maintain protection.

Costs

  • Application Fees: Approximately €70 per class.
  • Legal Fees: If using an attorney, costs will vary based on services.

Key Contacts

Resolving commercial disputes in Ireland involves several steps. Here’s a guide on the process:

  1. Attempt Negotiation

    • Begin by negotiating directly with the other party to reach an amicable solution.
  2. Mediation

    • Engage a mediator to facilitate discussions.
    • Mediation can be quicker and less formal than court proceedings.
  3. Arbitration

    • Consider arbitration for a private and binding resolution.
    • Follow the rules set by the Chartered Institute of Arbitrators Ireland.
  4. Seek Legal Advice

    • Consult with a solicitor specializing in commercial law for guidance on your case.
  5. File a Lawsuit

    • If other methods fail, file a lawsuit in the appropriate court.
    • Prepare necessary documentation and evidence.
  6. Court Proceedings

    • Attend hearings and present your case.
    • Follow legal procedures as guided by your solicitor.
  7. Judgment and Enforcement

    • If a judgment is made, ensure its enforcement through legal channels.

Costs

  • Mediation and Arbitration Fees: Vary depending on the service provider.
  • Court Filing Fees: Depend on the jurisdiction and case type; consult local courts.
  • Legal Fees: Vary based on the solicitor and complexity of the case.

Key Contacts

When considering doing business in Ireland, various social, cultural, political, and economic factors must be taken into account.

Social and Cultural Factors

  • Language: English is the primary language, with Irish also recognized.
  • Business Etiquette: Building relationships and trust is crucial. Punctuality and formal greetings are important.

Political Factors

  • Government Structure: Stable parliamentary democracy.
  • EU Membership: Part of the European Union, offering access to EU markets.

Economic Factors

  • Open Economy: Strong focus on foreign direct investment and export-driven growth.
  • Corporate Tax Rate: Attractively low at 12.5%, encouraging multinational investment.

Foreign Exchange

  • Currency: Euro (EUR).
  • Exchange Rate Stability: Benefit from the euro’s stability and widespread acceptance.

Rule of Law

  • Legal Framework: Strong legal system with robust protection for property rights.
  • Judiciary: Independent and efficient, with clear commercial laws.

Business Environment

  • Infrastructure: Well-developed with modern facilities and technology.
  • Workforce: Highly educated and skilled, with a strong emphasis on innovation and R&D.

Key Resources

Our Members Include Leading Organizations in Ireland

Ask our Experts on Doing Business in/with Ireland

If you’re looking to do business or invest in Ireland, we can provide expert guidance, market insights, and valuable connections to help you navigate the local landscape. Contact us today to discover how we can assist in making your venture a success.