Corporation Tax

Ireland has for many years had a flat 12.5% corporate tax rate applicable to Irish trading profits. This has been augmented by the introduction of a 0% rate for new trading companies for the first three years of trading subject to certain conditions. There is a higher rate of corporation tax of 25% for non trading income such as rent.

Corporation Tax in Ireland is charged on all profits, wherever arising, of companies resident in the State, and profits of non-resident companies in so far as those profits are attributable to an Irish branch or agency, unless certain exemptions and reliefs can be availed of.

Ireland's taxation system contains many incentives used in attracting overseas Investment to Ireland some of which make it easier to do business here. A common reason cited for locating business in Ireland has often been Ireland’s favourable corporate tax rate.

Clearly Ireland continues to be committed to its favourable corporation tax regime. The standard rate applies to trading profits without limit, which has led to many multinational corporations locating here. It has also shown its commitment to low corporation tax by extending the 3 year start up exemption.

Please call or email us today if you need further information on corporation tax in Ireland or on any of the above.

To arrange a free consultation or to use our free online query and advice service click here.


For a free consultation please enter your number and we will contact you to arrange a time

Free Online Advice

Click on the button below, complete the easy to use form and tell us your query

Our free online advice service covers queries of a routine or general nature. For other queries you will always be advised of any fee in advance of work undertaken.

Disclaimer Information

The information contained on this website may be subject to change and accordingly is not a substitute for professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional advisor. This firm shall not be responsible for any loss whatsoever sustained by any person who relies on any information on this website.