dermot clohessy ida
Post on 09-May-2015
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Dermot Clohessy
Estimados invitados de México
Bienvenidos a Irlanda
Open, Export-oriented Economies
Double Taxation Treaties• Ireland- Mexico: 1998
- Zero Withholding Tax on Dividends paid from Subsidiary in Ireland to Mexican parent
Free Trade proponents • EU-Mexico Free Trade Agreement: 2000
- EU is Mexico's 2nd biggest export market &- 3rd largest source of imports
• NAFTA Agreement:1994
• Pacific Alliance:2012
1,158
166,184
€121
€2.8 billion €1.3 billionCorporation Tax Expenditure on R&D
€20.8 billionSpend in the economy – of which:
€8bn €2.4bn €10.4bn Payroll Irish materials Irish services
FDI Impact on the Irish Economy
4
IDA Ireland’s – Global Office Network
To attract foreign direct investment into Ireland Work with existing client companies to identify additional opportunities for Ireland Create sustainable employment in Ireland & other economic benefits Provide a range of financial & other practical supports to multinational companies
5
Information CommunicationTechnology
Life Sciences
Engineering, Industrial & Clean Tech Industries
Digital ContentConsumer & Business Services
International Financial Services
IDA Ireland’s Current Business Focus
High Value Manufacturing
Global Business Services
Research, Development & Innovation
Activity Focus Sector Focus
6
Who is Investing In Ireland?
7
Components of Ireland’s Value Proposition
Hardware
Cloud
Software
Client ServerMainframe
Services
PC
Web 2.0
International Technology and Operations Location40+ Years Track Record – Continuous Evolution
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Components of Ireland’s Value Proposition
10
Components of Ireland’s Value Proposition
11
Components of Ireland’s Value Proposition
Sector Specific:Technology Sector
Availability of Property Solutions
TelecommsConnectivity
Research Centres
VibrantDomestic IT Sector
Full Value Chain of Activities
Cluster Impact
Speed to Market
Cloud & Data Analytics Cluster
International Security Cluster
– Employs 6,000+ people
– World’s Leading International Security Technology Companies
– Developing/Supporting Security Technology from Ireland
– 40+ Indigenous Irish Security Technology Companies add to the Security Cluster in Ireland
– Supported by security research capability in Irish Universities
IT Manufacturing Cluster
Scale Your Fast Growth Business in Europe
From Ireland
Ireland’s Incentive Package
Cash GrantsEmployment
Capital Training
12.5% Corporate Tax
25% R&D Tax Credit
Client Development Programme
IDA Relationship & Network
Special Assignment Relief Programme
(SARP)
Ireland’s Incentive Package
Muchas Gracias
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