Pros & Cons of Starting a Business in Dublin

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Positives

  1. Low corporate tax rate (12.5%)
  2. Highly educated workforce
  3. Easy to setup a limited company. Low cost and little bureaucracy.( €150 – €300)
  4. Large number international companies already established here (Google, LinkedIn, Facebook etc)
  5. Large number of business groups & networking events fostering entrepreneurship
  6. Pro business, allowing special visas for people with skills in short supply in Ireland

 

Negatives

  1. High cost of living – particular high rents (1 bed €1,000-€,1400 per month)
  2. Lack of IT & language skills in Irish workforce
  3. Significant financial consequences for not complying with legal requirements
  4. IT skills shortages due to a large number of international firms established in Dublin
  5.  Small market

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