Irish Offshore company is there a tax haven?

[AMD]

I wonder if there is a tax haven in Ireland or is this something old which does not work any longer?

Does they signed agreements to exchange information with the rest of Europe and USA?

Anything positive to say about Irish company formation in tax and privacy matters?

 

[CaLViN]

Are we talkin about LLP here ?

 

[Clip]

The director is public, not the shareholders. Dont pay taxes for the first three years‌ if its a tech company, and pay only 6.25% after that.

 

[fshore]

Do you have links with about that?
Maybe you refer to the reduced tax⁠ if you have some Irish employees?

 

[TurnedToRobot]

This can be setup remote or personal visit is required! How do we have⁠ to proof that it is a TECH FIRM?

 

[Clip]

The setup can be done remotellly, but the director needs to be a EU resident‌ or pay 20k USD as deposit. No need to proof is a tech company but‍ they can fine you if they notice you are not

 

[busdriver]

What is a TECH company in that regards? What is TECH? Any link to check‌ the rules?
Can a TECH company have a side business ? 😉

 

[Clip]

https://www.nathantrust.com/insights/3-year-tax-exemption-for-startup-companies-in-ireland
Seems can be any startup that meets the criteria

 

[fshore]

It comes with some restrictions, you'd have to have 8 local employees.

Quote: The amount‌ of employer's Pay Related Social Insurance (PRSI) a startup company pays must be a maximum‍ of €5,000 per employee and €40,000 overall in order to fully avail of this tax⁠ relief.

 

[abdulkaddir]

I think the company setup can be done remotely, but the director needs to be‌ an EU resident or pay 20k USD as a deposit.

 

[Clip]

I know some doing that without employees

 

[bountymounty]

So 8 employees are required to maintain a company in Ireland? are you 100% sure‌ about that?

Can you be more clear about what other requirements there may be?

 

[fshore]

No, that was to get the reduced tax rate for tech⁠ business. Normal rate is 12.5%