International Financial Services

The establishment of the IFSC in 1987 played a key role in kick starting a new era for the financial services sector in Ireland and succeeded in attracting leading names in the sector to establish operations here.

A number of other factors played a role in Ireland becoming a leading location for the financial services sector, these include:

Ireland offers a 12.5% Corporation Tax on all trading activities, with a comprehensive Double Taxation treaty network, combined with a range of other tax advantages such as Research and Development tax credits and patent royalty tax exemptions.

Fast moving, dynamic companies thrive in Ireland due to its unique workforce with 36% of the population under 25 years of age. They also profit from an experienced and skilled workforce which has decades of experience in the financial sector. This combination of youth and experience forges an ideal environment for leading financial companies.

The Irish Financial Services Regulatory Authority (IFSRA) was established in 2003 and is the regulator of all financial services firms in Ireland.

The Financial Services Regulator is a distinct component of the Central Bank and Financial Services Authority of Ireland.