Ireland is one of best places in the world to do business. The pro-business environment, the highly skilled and educated population and our geographical position as a gateway to Europe continues to make Ireland one of the most favoured global locations for FDI.
The Irish Government actively supports FDI in Ireland and provides state funded grants to businesses looking to establish a presence here. The Industrial Development Authority (“IDA”) is the Government’s FDI agency and provides a wide range of supports (financial, administrative and otherwise).
We maintain strong links with the IDA, other State legal and regulatory agencies and the service provider community in Ireland. This enables us to streamline the process of gathering information and project planning which you and your business may require.
Why William Fry
Inward Investment is one of William Fry’s core practice areas. We understand the challenges facing a company looking to establish and grow in Ireland.
We can provide you with a “one stop shop” for all your legal and tax requirements. Our internationally recognised team of lawyers and tax advisors will provide you with practical and commercially driven advice which will enable you to focus on achieving business success.
William Fry has advised and continues to advise numerous clients with global links in relation to doing business in and through Ireland.
Our experience enables us to identify the critical issues which may affect your business, which allows us to anticipate and help you avoid many of the difficulties encountered by businesses seeking to set up in Ireland.
The William Fry ‘Europe for Big Data‘ report, produced in association with Forbes Insights, analyses the key factors driving big data strategies based on a survey of 200 C-suite executives in leading companies around the world. The report highlights the business challenges and opportunities Big Data offer that are now a key part of decision making across most industries and sectors, and can no longer be viewed as a technology issue.
Key findings include:
International companies are increasingly deciding to locate their Big Data decision making, operations and strategies for each geographic region in that region. For example, in relation to Europe, the survey shows that 80% of international organisations already have a European business presence. Couple this fact with exponential growth in Big Data operations and it follows that a growing number of companies are or should be looking to open or expand data operations in Europe.
Download a copy of our ‘Europe for Big Data’ report here.
Our international clients cover the spectrum of industries from pharmaceuticals, technology, financial services, healthcare, and includes advising:
University of Pittsburgh Medical Center (UPMC) on its acquisition of a majority stake in Beacon Medical Group Limited, and on-going matters in Ireland.
Nuance Communications, a leading multinational computer software technology corporation, on the establishment of its international headquarters and a Sales and Financial Shared Services Centre in Ireland.
HCL Technologies Limited, a global technology and IT enterprise headquatered in India, on its establishment in Ireland.
Wipro, an Indian multinational and one of largest product engineering and support service providers worldwide, on the establishment of its outsourcing services business in Ireland.
Glass, Lewis & Co., a leading independent governance service firm, on its establishment in Ireland.
Yahoo! on multi-jurisdictional IT projects, tax arrangements and regulatory matters.
Mubadala Development Company PJSC (investment company owned by the Abu Dhabi government) on the Irish merger control aspects of its acquisition of the aircraft maintenance company, SR Technics.
RSA Insurance on its acquisition of Europa Group, Sertus Insurance and benchmark underwriting facilities.
IKEA International on the procurement of its new 30,000 sq metre store in Ballymun, Dublin.
Over 1000 multinational companies have chosen Ireland as their strategic European base. In 2012, IDA client companies recorded their third year of employment growth with total employment rising to 152,785. Numerous global reports rank Ireland as one of the best places in the world to do business including:
1st in the world for availability of skilled labour, flexibility and adaptability of workforce and attitudes towards globalisation (IMD World Competitiveness Yearbook 2012 ).
1st in the world for inward investment by quality and value (The 2012 IBM Global Location Trends Report).
2nd in the world for adaptability and efficiency of companies and large corporations. (IMD World Competitiveness Yearbook 2012 ).
2nd in Europe for the number of inward investment jobs per capita value (The 2012 IBM Global Location Trends Report).
Ireland boasts a young, hi-tech, skilled, adaptable and English-speaking workforce. Ireland also remains a vibrant and attractive place for younger workers within the EU, ensuring the pool of talent for investing companies is deep. Ireland is positioning itself as a “Smart Economy” and given the problem-solving skills and creative and innovative thinking of its workforce, this will be achieved. The international companies already operating in Ireland have ensured that large clusters of innovation excellence in ICT, life sciences, pharmaceuticals, new media, and other sectors, are already in existence.