Infographic - Ireland: "A Beneficiary of Brexit"
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Ireland has a low corporation tax rate of 12.5% and has seen an influx of skilled labor due to pro-business economic policies, partly influenced by Brexit. With a highly educated workforce and attractive R&D tax incentives, Ireland experiences significant GDP growth and is ranked favorably for business operations. The country has become a migration destination, boasting an increase in dual nationality and a growth in population prior to April 2016.
Infographic - Ireland: "A Beneficiary of Brexit"
- 1. Low Rate Corporation Tax of 12.5% To exit from EU Brexit Referedrum 2016 Migration of company HQ to IRELAND Improved Business Policies 48.11% 51.9% 82,346 People arrived to live in IRELAND in the year prior to April 2016 Dual-Irish-UK Nationality increased by 14.7% o o Ireland has recently made news for the highest GDP growth in Europe FACTS Work force is Highly Educated with availability of Skilled Labour. Labour cost below Europian Average. Wealth of Talent across the Country. Ireland allows R&D intensive start ups to claim back tax, even if they are loss-making and thus not liable to pay corporation profits tax. The Irish Government pursues a pro-business economic policy.` R&D Tax Claims Economic Policies UNITED STATES UK IRELAND FRANCE IRELAND Exporting 219.7 Bn Goods NETHERLAND SWITZERLAND GERMANY BELGIUM4.4% 4.9% 5.1% 8.2% 11% 11.8% 27% UNITED KINGDOMS UNITED STATES IRELAND Shrikant Samarth ID-X18129137 Data Visualization Msc in Data Analytics 2013 Ireland GDP in % UK GDP in % 0 5 10 15 20 25 30 2014 2015 2016 2017 2018 GDP of Ireland and UK Ireland Ranked as the Best in the Europe and 4th in the World for doing Business - Forbes Magazine. ‘’A BENEFICIARY OF BREXIT’’