Comment by vimy
2 years ago
How comparable is Ireland? It’s still common law but also still part of the EU. Was considering Ireland to incorporate with a Brazilian friend, I’m from Belgium. Belgian is like Germany. Not a good country to incorporate. Would have preferred the UK but Brexit complicates everything.
I haven’t started a limited company in Ireland, but I have looked into it. I was interested for pretty much the same reasons you are - I wanted English language, common law and EU.
From what I could find, using a service company to sort everything out - company registration, bank account, legal address, first year taxes filed etc - the cost was around €1000. The same service in the UK is much cheaper.
I guess this only matters relative to the size of your business. At the time I was only looking for a small holding company, with not much revenue initially.