Question 1

What is Ireland's corporate tax rate?

Accepted Answer

Ireland's headline corporate tax rate for trading income is 12.5%, one of the lowest in the EU. Passive and investment income is taxed at 25%. From 2024, companies with global revenues above EUR 750m are subject to the 15% OECD global minimum tax (Pillar Two). Nomadic Go does not provide tax advice - consult a qualified Irish tax professional.

Question 2

Why do so many global tech companies have their European HQ in Ireland?

Accepted Answer

Ireland combines a 12.5% corporate tax rate, English-language common law courts, a highly educated English-speaking workforce, EU membership, and a pro-business government. This combination has made Dublin the European headquarters of choice for US tech companies including Google, Meta, Apple, LinkedIn, and Twitter/X.

Question 3

Can I form a company in Ireland as a non-resident?

Accepted Answer

Yes. Irish company law does not require directors to be Irish residents, though at least one EEA-resident director (or a bond) is required. Ireland is a popular choice for UK businesses seeking an EU entity post-Brexit. Nomadic Go provides company formation assistance in Ireland.

Question 4

How does Ireland compare to the UK for company formation post-Brexit?

Accepted Answer

Ireland offers EU single market access, EU VAT registration, and 12.5% corporate tax, versus the UK's 25% (19% for small profits). The UK retains globally recognised Companies House branding and deep fintech/banking infrastructure. Many businesses use both: a UK Ltd for UK operations and an Irish company for EU market access.

Question 5

Can I open a bank account in Ireland as a non-resident business?

Accepted Answer

Yes, though Irish banks apply thorough KYC requirements. The fintech ecosystem (Revolut Business, Wise, Stripe Treasury) provides accessible alternatives for new companies. Nomadic Go provides business banking assistance for Irish companies.

Services in Ireland

Company Formation

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