There are major differences when referring to the ease of doing business in Ireland compared to Poland. Although Poland has a set of attractive industries, overall, Ireland provides a top investment destination, attractive not only from the view point of the tax regulations, but also from the policies addressed to stimulate the development of foreing direct investments. Investors interested in Irish company formation must know that Ireland occupies the 10th rank – on a global level, for starting a business and our team of consultants in company registration can offer in-depth assistance on the incorporation aspects.
Starting a business in Ireland vs. Poland
As mentioned above, Ireland is a top investment destination, one of the positive aspects being that opening a company here represents, overall, a simple procedure which granted the country a high rank in a study conducted by the World Bank (data provided for 2017). In the case of Poland, World Bank attributed the country with the 107th place for the legal requirements related to starting a business.
Investors interested in opening a company in Ireland must know that the index was evaluated taking into consideration the following aspects:
• number of procedures;
• costs involved;
• minimum capital deposited when registering the legal entity.
The Irish minimum share capital depends on the legal entity of the company and our team of representatives in Ireland company formation can offer more details.
Obtaining construction permits in Ireland vs. Poland
The procedure of company registration in Ireland is the same for all types of business forms, but variations may appear depending on the business permits the company may need. Companies operating in the construction sector will need to obtain construction permits, which represents a more complicated procedure both in Ireland and Poland, as numerous institutions will need to offer their authorization.
In this sense, we mention that both countries are situated on similar positions – Ireland occupying the 38th rank while Poland being granted with the 46th rank.
Businessmen interested in more details on other aspects related to the ease of doing business are invited to contact our Ireland company formation team, who can offer advice on the investment legislation applicable here and on the procedure of paying corporate taxes.