Ireland

The ISO code of Ireland is IE according to the ISO 3166 standard. The local name of the country is Éire. Ireland capital city is Dublin. People in Ireland speak the English, and Irish languages. On 11 December 1931, Ireland emerged as a sovereign political entity. In the year 12/11/1931, Ireland emerged as a sovereign political entity. The largest city in Ireland is Dublin.

Ireland is located in the UTC +00:00 time zone, which is also called Western European Time or WET. The internet country code top-level domain (ccTLD) for Ireland is .ie. Other domains assigned to Ireland are .irish, .eu. The domain name .eu is available for use by organizations in and residents of European Union member-states. The International dialing code for Ireland is 353. People in Ireland drive on the left side of the road. Total land area of Ireland is 70,273 km² (approx. 27,132 mi²). Ireland is not a landlocked country. It means that is is bordered by at least one major body of water.

Ireland is located in Europe. Ireland is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Currently Ireland faces various issues, including water pollution, especially of lakes, from agricultural runoff.

Doing business in Ireland

We offer various corporate services in Ireland jurisdiction. These services can serve both, people coming from Ireland and foreigners. If you plan on doing business in Ireland you might be interested in contacting us.

To find out about starting your business in Ireland click on company formation in Ireland.

To find out how to open a bank account in Ireland and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Ireland.

Choose preferred service below or continue reading to find out more about Ireland.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Ireland

The total population of Ireland is 4,803,748 people. In Ireland, the population density is 65 people per square kilometer (169 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Ireland is 0.1206. Ireland has approximately 746260 foreign immigrants. The median age is approximately 35.7 years. In Ireland, 79 in every 100 people use internet. Ireland has a Human Development Index (HDI) of 0.899.

The majority religion of Ireland is Christianity, Ireland is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Ireland.

Culture of Ireland

People in Ireland speak the English, and Irish languages. According to data on inbound tourists in Ireland, 8,260,000 tourists arrive in the country each year. The first McDonalds in Ireland was opened on 9 May 1977, and it was located in Grafton Street, Dublin. One of the most popular national dishes of Ireland is colcannon. To read more click on culture of Ireland.

Geography of Ireland

Ireland is considered to be a large nation because of its total area. Its total land area is 70,273 km² (approx. 27,132 mi²). Ireland is located in Europe. Its capital city is Dublin. The length of said border is 360 km (224 mi).Total length of land borders of Ireland is 443 kilometers (~171 miles).

The highest point of Ireland is Carrauntoohil, with its official height being 1038 m (3,406 ft). Including land mass and EEZ, the total area of Ireland is approximately 480,583 km² (~185,553 mi²). The most notable natural resources found in Ireland are natural gas, peat, copper, lead, zinc, silver, barite, gypsum, limestone, dolomite.To read more click on geography of Ireland.

Economy of Ireland

The currency of the country is euro. The symbol used for this currency is €, and it is abbreviated as EUR. 6.1% of population in the country are unemployed. The total number of unemployed people in Ireland is 293,029. Each year, Ireland exports around $113.6 billion and imports roughly $61.51 billion. The Gini Index of the country is 33.9. Ireland has a Human Development Index (HDI) of 0.899.The Global Peace Index (GPI) for Ireland is 1.354. Ireland is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are pharmaceuticals, chemicals, computer hardware and software, food products, beverages and brewing, medical devices.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Ireland is $236,398 billion. Each year, consumers spend around $112,466 million. The ratio of consumer spending to GDP in Ireland is 0%, and the ratio of consumer spending to the world consumer market is 0.34. The corporate tax in Ireland is set at 12.5%. Personal income tax ranges from 20% to 40%, depending on your specific situation and income level. VAT in Ireland is 23%. To read more click on economy of Ireland.

Infrastructure of Ireland

Infrastructure quality in Ireland is rated to be at 3.84. It indicates a good quality - roads, railroad, ports and other facilities are adapted and regularly maintained to handle high levels of traffic at all times, as well as most probably there are special facilities for handling high intensity and/or special traffic or vehicles (e.g. motorways a.k.a. autobahns and deepwater ports).

In Ireland, 100% of the population has access to electricity. There are 1,387,000 internet hosts in Ireland. Ireland has 40 airports nationwide.

The logistics performance index of Ireland is 3.87. It indicates a good performance - the logistics system is well prepared and organised, shipments mostly arrive on time and do not suffer damage, and the infrastructure is ready to handle even unpredictably big amounts of traffic as long as it is not overwhelming.

Tracking possibilities for shipments are rated at 4.13. It indicates a good performance - the tracking systems provide detailed and up-to-date information about most of the parameters of shipments, as well as often transcend national (both political and linguisitc) barriers and may be qualified as international shipment tracking systems.

The number of road motor vehicles per 1000 inhabitants in Ireland is 682. To read more click on infrastructure of Ireland.

Politics of Ireland

Ireland, is a unitary parliamentary constitutional monarchy. With regard to political and civil freedoms, Ireland is 1. Citizens in Ireland experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. The head of the government is Michael D. Higgins.

According to the World Bank Group, the government effectiveness index of Ireland is 1.6. This indicates that the government of Ireland is very effective. Citizens enjoy highly effective social, public, and civil services, and the overall morale in Ireland is high. Government actions are efficient and expeditious, and dangerous situations are highly unlikely as a result.In Ireland, the legislative power is vested in a Parliament. The Global Peace Index (GPI) for Ireland is 1.354. The strength of legal rights index for Ireland is 7. Overall, it is considered to be rather adequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders at least decently; credit information is msotly sufficient and generally available. Ireland is a member of the United Nations (UN). On 14 December 1955, it joined the UN as a full member state. Ireland is a member of the European Union (EU). On 14 December 1955, it joined the EU as a full member state. Ireland is a member of the World Bank. To read more click on politics of Ireland.

Environment of Ireland

Ireland emits 7.9 metric tons per capita of CO₂. 7540 km² of Ireland's territory is covered in forests. and forest land comprises 11% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Ireland is 682. To read more click on environment of Ireland.

Company formation in Ireland

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Ireland.

When establishing a company in Ireland, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Ireland that will affect the establishment and growth of one's business. Contact us or click on company formation in Ireland to read additional information when setting up a business.

Bank account opening in Ireland

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Ireland. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Ireland, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Ireland or contact us.