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Dublin: 12 °C Friday 28 February, 2020

FDI companies love doing business here - and not just for our corporation tax rate

Companies said the access to Europe was a critical factor in relation to their priorities for setting up shop here.

Image: map image via Shutterstock

A NEW SURVEY has found that senior executives in most Foreign Direct Investment companies would recommend Ireland as a country to locate.

The research, commissioned by AIB, found 97 per cent would recommend it and 96 per cent of the companies that export report having a mainly positive experience.

More than three quarters of respondents think the business environment in Ireland will improve in the next year and 86 per cent of companies stated that ‘access to Europe’ was important or critical in relation to their priorities for setting up shop here.

The survey didn’t mention Ireland’s attractive corporation tax rate, which we imagine was also a big factor in their decision to locate here.

Simon Scroope, Head of AIB Corporate Banking said he hoped the research will be used as a resource to promote Ireland as a key destination for FDI all over the world.

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