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Starting an IT Company in Ireland A presentation brought to you by IrelandCompanyFormation.com 1

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Page 1: Starting an IT Company in Ireland

Starting an IT Company in IrelandA presentation brought to youby IrelandCompanyFormation.com

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Page 2: Starting an IT Company in Ireland

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The IT sector in Ireland >>

• Ireland has become the second largest exporter of IT goods and services in the world during the last years.

• Among the factors leading to the success of IT companies in Ireland are the educated and skilled labor force and the low corporate tax.

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>> The IT sector in Ireland

• Many global information technology companies have also established regional headquarters in Ireland, thus making the country more appealing to other foreign investors.

• Today, the IT sector brings over 50 billion euros from exports per year to the Irish economy.

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Code classifications for IT services in Ireland >>

• When incorporating an IT company in Ireland the registrant must also select the economic activity the company will carry out.

• In order to do so, a NACE (Nomenclature of Economic Activities) code is required in the registration form submitted at the Companies Registration Office in Ireland. 

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>> Code classifications for IT services in Ireland • The following NACE codes are available for

those undertaking IT business activities in Ireland:

C26 NACE code refers to manufacturing computer, electronic and optical products;

C26 1.1 NACE code refers to the manufacture of electronic computer components;

C26 2.0 NACE code refers to the manufacture of computer and peripheral equipment;

C26 3 NACE code refers to the manufacture of communication equipment;

C26 8 NACE code refers to the manufacture of magnetic and optical media.

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Incorporating an IT company in Ireland >>

• Once the NACE code is selected, the registrant must submit the following information with the Trade Register in Ireland:

the nature of the activity to be undertaken with the appropriate NACE code;

the place where the activity will be carried out or the registered address;

a declaration signed by a director or a secretary of the Irish company.

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>> Incorporating an IT company in Ireland

• The declaration must be made according to the Statutory Declarations Act and must be signed in front of a public notary.

• For company incorporation services you can rely on our Irish specialists in company registration.

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Thank you for your attention!

• For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.irelandcompanyformation.com