Benefits of an Irish Base in Brexit Changing Times

9 February 2017

Sensible businesses must now be reviewing their strategies in light of the impending Brexit scenario and the implications that will have on their businesses. To counter the uncertainties, one option likely here to arise is for businesses to consider establishing a new base in Ireland or expanding their existing operations.

Ireland, with its common law legal jurisdiction and regulated regime as well as a well-developed and positively recognised business environment is well placed to offer solutions in the climate of Brexit uncertainties. Eugene F Collins is happy to discuss options and issues with any businesses looking to establish or expand in Ireland.

Issues likely to arise in relation to any such expansion or re-location strategy relate to a number of issues, which we can provide expert advice. These include:

  • Company structure and formation – Our Corporate team can advise on optimal corporate structures and implement such, being assisted and supported by our discreet Company Secretarial group;
  • Employees – all issues relating to recruitment and / or relocation are matters with which our Employment Group can assist and our specialist Immigration Group is available to advise in relation to all immigration issues that might arise or impact on a proposed re-location of employees to Ireland;
  • Property – any new business entrants to Ireland will most likely require a property, there being no restrictions on non-Irish or non-EU entities holding an interest in real estate in Ireland. Our property team has expert knowledge in a wide variety of property matters including all aspects of commercial property acquisition and investment;
  • EU Regulation Competition and Procurement – Our Competition and EU group has the necessary experience to advise clients on issues that may arise in relation to Competition law, compliance requirements and State Aid matters together with any procurement law issues;
  • Financial Services – as a highly recognised financial services centre, Ireland is well positioned to attract new business in the financial services sector and our specialist Financial Services group advises a variety of clients on financial regulation and compliance matters including in particular, applications for authorisations from the Central Bank of Ireland. This is particularly relevant to businesses seeking to be authorised in an EU member state and avail of the passporting facilities available under the Financial Regulation regimes.

 

For further information contact:

David Hackett
Managing Partner,
E dhackett@efc.ie

Eileen Grace
Head of Brexit Team
E egrace@efc.ie

Leonora Malone
Head of Corporate
E lmalone@efc.ie

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