Following the introduction of a number of key tax reliefs and exemptions in recent years, Ireland has become a very attractive jurisdiction for multinational companies to locate a holding company. The main features that give Ireland a competitive advantage over other countries are as follows:
• No withholding tax on the payment of dividends by the holding company to EU or tax treaty countries.
• No Capital Gains Tax on the disposal of shareholdings in subsidiaries.
• No transfer pricing, thin capitalisation or CFC rules.
• Tax deductions for interest on borrowings to acquire shareholdings in subsidiaries.
• Favourable treatment on the receipt of dividend income.
• Extensive Tax Treaty network and access to EU Parent-Subsidiary Directive.
• Low tax rates for both trading operations and investment activities.
As well as all the benefits of an Irish Company listed above, One of the biggest advantages that Ireland has over other jurisdictions is the ability to combine the holding company with trading activities such as Shared Service Centre activities, GroupProcurement, Treasury and Research & Development.
Contact Us
Having any question? In doubt and need clarification. Feel free to contact us through the following and talk to our professionals:
Email: tannetinfo@gmail.com
Tel: +603-21418909
Wechat:13530066130
WhatsApp: +6019-3090991