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 As an onshore EU member, Ireland does not at first seem an ideal place for non-resident investment, particularly since the demise of the Irish Non-resident Company in October 1999. However, provided one is not determinedly seeking a zero tax situation, Ireland can offer benefits to investors looking for a European base. Ireland currently has one of the lowest corporate tax rates in Europe. Overall Ireland is an attractive centre for companies looking to enter the EU market.
- Ideal for Nominee structuring
- No exchange controls
- Full EU membership
- Numerous tax treaties
- Reduced taxation
- No minimum capital requirement
- No disclosure of beneficial owners to authorities
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