Ireland as a Digital Economy
Ireland as a Digital Economy Good morning fellow bloggers, Its Sophie here and this week we will be starting into our digital economy blogs. For our first official blog we will look at Ireland as a Digital Economy. There are a number of reasons of why Ireland is becoming more popular for companies looking to expand their businesses: Low Corporate Tax Rate The corporation tax rate is at an average of 12.5% for majority of incorporated firms throughout Ireland as opposed to it being 20% in a lot of EU countries. This attracts companies to reside in Ireland in order to achieve their businesses with levying low corporate tax. Educated workforce Ireland has one of the most highest educated workforce in the EU with a high rate of 59% of Irish workers have been educated with eith er level 5 or equivalent, bachelors, masters and doctoral degrees making workers the most skilled and educated in the EU (The Irish Examiner, 2023). A dvanced Technology I reland has a high achievement of inves...