The fast moving consumer goods (FMCG) industry represents one of the top economic activities carried out in Ireland. At the same time, foreign investors who want to start the procedure of Irish company formation in the FMCG field should know that the sector represents the country’s top employer, as more than 280,000 persons are working in the industry. Our team of consultants in company formation in Ireland can provide in-depth assistance on the business permits that FMCG businesses are required to obtain, and they can also provide advice on the employment regulations available in this particular field of activity.
Characteristics of the FMCG sector in Ireland
The FMCG field is generally comprised of businesses which provide various goods that have a short shelf-life and which are sold at small prices. Investors who want to open an Irish company in the FMCG sector may sell on the local market food or drink products and other associated goods, provided that the company obtained the necessary business permits.
It is important to know that a FMCG company will need to comply with a set of safety and hygiene standards, since most of the products are foodstuffs.
There are numerous types of FMCG companies operating in Ireland, which vary greatly in size or the products they offer on the local market. Ireland has approximately 44,000 retail and wholesale companies and an important aspect in this sense refers to the fact that most of the businesses (90%) have Irish ownership.
Our Irish company formation agents present the retail sector in Ireland
The industry is represented by the Retail Ireland, a body which addresses to other institutions the rights of all retail businesses operating in this country, including large supermarket chains. Our team of local company formation consultants can provide more details on the legal framework applicable by the institution.
Investors who want to start the procedure of company registration in the FMCG industry must know that Retail Ireland offers support for the FMCG businesses in the relation with the Irish government.
Businessmen are invited to contact our team of Irish company formation agents for further assistance on the FMCG regulations applicable here.