Miller & Martin Hosts a Discussion and Luncheon on Why U.S. Companies Should Choose Ireland for Their European Headquarters
March 14, 2019
Miller & Martin hosted Ireland’s Minister for Equality, Immigration and Integration, David Stanton, TD, Irish Consul General, Shane Stephens, IDA Ireland, and Mason Hayes & Curran.
With the ongoing Brexit turmoil in the UK, companies across the U.S. have recently been considering the advantages of using Ireland as a strategic location to access the European Union’s market. Over 750 U.S. companies already have European operations in Ireland.
Ireland's Minister David Stanton addressed the crowd discussing the impact Brexit could have on Ireland and the EU as a whole. From the point of view of Ireland, he noted that Brexit weakens what was gained with the Good Friday Agreement which brought peace to Northern Ireland, putting a real strain on the relationship between the UK and Ireland. The Minister also explained how in recent years the border between Northern Ireland and the Republic of Ireland has become almost indistinct, a gain for communities on both sides of the border which could change for the worse under a number of Brexit scenarios. Ireland has made gains since the Brexit vote, in that more than 50 companies that have relocated to Ireland from the U.K. in light of the uncertainty around their position in the U.K.
Our panelists discussed the benefits of choosing Ireland: an English-speaking culture, an educated workforce, a common law jurisdiction, a competitive tax rate and a general ease of doing business in Ireland. In most cases, it only takes 5 business days to set up a company, following a straight-forward administrative process. The panel further addressed Brexit, its importance and the impact on Ireland. The UK has long been Ireland’s biggest trading partner. Despite the late stage in the process, the extent of Brexit’s impact remains uncertain. During the presentation, however, news broke that the British Parliament had rejected the prospect of a second referendum – the first of what has turned out to be a torturous parliamentary process. Joe DeLisle of Miller & Martin moderated a panel with Emma Mitchell of IDA Ireland, and Claire Lord and David Mangan of Mason Hayes & Curran.
Tom Harrold of Miller & Martin welcomed our guests and Emer Gilvarry of Mason Hayes & Curran gave the closing remarks. Mason, Hayes & Curran and Miller & Martin are affiliated with each other through the World Law Group, an international network of more than 18,000 lawyers among 58 law firms in 85 countries.
2019-03-14 12:37:00 2019-04-14 12:37:00 America/Indiana/Indianapolis Miller & Martin Hosts a Discussion and Luncheon on Why U.S. Companies Should Choose Ireland for Their European Headquarters