It has a population of some 3.5 million of whom 1.2 million reside in the capital Dublin. It has a democratically elected parliamentary government. Ireland is a Common Law jurisdiction with its legal system being derived from the British system, with company law being very similar to Britain. Indeed, the two are becoming closer as E.U. law is imported into the domestic law of each country. Dublin has all the facilities expected of a European capital city.
Professional advice is readily available for banking, investments, financial and corporate matters.
Ireland has excellent telecommunications. There are extensive flight connections to the U.K., Europe, and America. Ireland is a sophisticated European jurisdiction with commercial arrangements very similar to those in Great Britain, but the cost of professional services is moderate when compared with rates applicable in London. Tax Advantage s U.K. non-resident companies were regarded as being a very useful international tax planning tool. The attraction of the U.K. non-resident company was that it was not perceived as being a fiscally neutral or tax avoidance vehicle.