Does Ireland offer any kind of incentives or Tax Holidays to investors looking for investments in Ireland?
Gabriel McCarrick: A lot I can say. We offer the lowest corporate tax in Europe at 12.5%. We have an excellent infrastructure over here. Besides we do offer tax holidays, but that depends on the type of industry. We address it on a case to case basis. Which are the fields or sectors in which the Irish Govt. will offer incentives? Gabriel McCarrick: Well we are a knowledge-based economy so we may offer incentives in the field of IT, Pharmaceuticals, Healthcare, besides we will have to look whether a company will be able to sustain itself in Ireland or not as the cost space and labour costs are quite high in Ireland. What’s the lowest cost for hiring an unskilled labour in Ireland? Gabriel McCarrick: Legally, the lowest cost of labour in Ireland is 8.5 Euros per hour. That is the lowest cost if you want to hire an unskilled labourer in Ireland. So, the labour cost just goes up as you go up the ladder. A businessman who does not have much knowledge on how to go for a tie-up or some kind o
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- Does Ireland offer any kind of incentives or Tax Holidays to investors looking for investments in Ireland?
