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Ireland - Corporate Tax

Ireland attracts substantial interest from international businesses because of its low tax status. Irish incorporated companies are Irish tax resident by incorporation subject to double taxation treaties. They are liable to corporation tax on worldwide profits wherever they arise, whether or not they are remitted into Ireland.

It is possible for an Irish incorporated company to be resident elsewhere under the terms of a double taxation treaty. The current rates of corporation tax are:

  • 12.5% for most Irish trading income and certain qualifying dividend income
  • 25% for most passive income, income from a foreign trade and certain 'excepted' Irish trades

Other features of the Irish taxation system include:

  • Withholding tax - the rate of withholding tax on dividend payments is 20%. However exemptions are available when paid to an EU or tax treaty resident
  • Capital gains tax – Irish tax resident companies are liable to this tax on their worldwide gains. The rate is currently 25%

Given its origins in Ireland, and its experience of advising overseas investors on taxation issues, Pearse Trust is ideally placed to advise on taxation issues in this jurisdiction.


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