Despite Dublin’s attractiveness as a jurisdiction for forming new companies, it’s set-up costs have traditionally seemed quite high when compared to other low tax regime jurisdictions. In an effort to allow more investors take advantage of the benefits Ireland has to offer, but at a much more rational cost, City Trust is proud to announce the launch of it's new all-in-one Ireland Substance Service, at a special fixed cost.
According to City Trust CEO, Danny Cox, “Ireland has so many benefits for those wishing to locate headquarters, and has been the jurisdiction of choice for both SME firms and multinationals. Its favorable taxation and legal framework, along with its international status as an EU and OECD member, has made it a very attractive location. The only real issue was the cost of setting it all up. So our new substance package hopes to remedy that situation, and in doing so, attract more investment into Ireland”.
The City Trust all-in-one service includes, among other benefits, a transparent fixed fee, company incorporation, the provision of resident directors, bookkeeping and accountancy services (excl. audit), and all statutory filings.
This all-inclusive fee is comparable to those offered in other jurisdictions and, we believe, significantly lower than those offered in Ireland to date. The fee is based on start-up companies in their first year of trading, regardless of whether they expand or remain small operations.
For further details click here or contact City Trust on +353 (0) 1 675 3140.