The electronics industry in Ireland
Many international electronics companies are based in Ireland due to the low corporate tax and skilled workforce. This is also one of the main reasons the electronics industry has developed quite a lot during the last years and Ireland is currently one of the largest exporters of electronic and electrical products in Europe. The most common electronic and electrical products sold by Irish companies are:
- – small and large household appliances,
- – IT equipment,
- – lighting devices,
- – electrical tools.
For information about the development of the Irish electronics industry you can refer to our local specialists.
Regulations related to the sale of electronics in Ireland
Companies selling electronic products in Ireland are required to respect several regulations. One of the most important is the Waste Electrical and Electronic Equipment (WEEE) Regulations of 2006 under which distributors of such products are required to comply with the following conditions:
- – to supply information related to the environmental impact of the electronics they sell,
- – to explain how the products can be safely disposed of,
- – to display information about the take-back programs.
The information on the electronic and electrical products received under the take-back scheme must be kept for 4 years.
Importing and exporting electronic equipment in Ireland
Most foreign investors opening electronics companies in Ireland also take into consideration importing or exporting certain products. Depending on the activity carried out, the company must first obtain the import/export license.
In order to simplify Irish electronics companies’ import and export procedures the Customs Authorities have introduced the Authorized Economic Operators (AEO) Scheme under which they can obtain an internationally recognized certificate. The documents provide electronics companies in Ireland with faster shipment, safety and security procedures. The AEO scheme addresses all EU operators with an EORI registration number.
If you need assistance in becoming an Authorized Economic Operator you can request the services of our consultants in company formation in Ireland. You can also contact us for details about the tariffs applied to the import and export of electronic products.