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Category: Articles (Page 2 of 9)

Doing Business in Ireland: Options for Foreign Companies

Many foreign companies operate in Ireland. There is substantial state support for foreign direct investment, and Ireland has a famously low corporation tax rate. It is English speaking and common-law, and Dublin in particular has a full range of professional services for international businesses. Ireland is a very good place to do business, and it is not particularly difficult to begin operating here.

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The Responsibilities of Company Directors in Ireland

Directors of a company and the Company Secretary (known collectively as officers) have ultimate responsibility for the running of a company. They have duties to comply with company law and to act in good faith in the best interests of the company. They have a duty to actively comply with legislation, and to take an active role in oversight of the affairs of the company; a lack of knowledge is not a defence if issues arise.

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Early Steps in Selling a Company

After building up a business to a point of strength, many entrepreneurs will consider selling in advance of retirement or to move on to new opportunities. Once a buyer is found, the sale process can be time consuming, but there are some steps that can be taken to ensure the company is in a saleable position. and the transaction goes as smoothly as possible.

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