Ireland – an onshore alternative

By Caroline Devlin and Jonathan Sheehan, Arthur Cox
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Ireland has earned an international reputation for its business-friendly tax policies. Many companies have set up Irish subsidiaries to take advantage of the headline rate of 12.5% corporation tax on trading profits. While this is still a growing business, latterly Ireland has also appeared in other guises in international structures. International groups have moved their corporate headquarters to Ireland, used Ireland as a mid-tier holding company jurisdiction, and used Ireland as a base for a financial services vehicle, often in areas such as leasing and regulated funds.

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Caroline Devlin is a partner at Arthur Cox in Dublin. She can be contacted on + 353 1 618 0585 or by email at caroline.devlin@arthurcox.com

Jonathan Sheehan is a partner at Arthur Cox in Dublin. He can be contacted on + 353 1 618 0609 or by email at jonathan.sheehan@arthurcox.com