WHY SET UP A FUND IN IRELAND?

  • Irish domiciled funds are distributed in over 60 countries across the globe
  • Constructive and efficient regulatory framework
  • International recognition – ireland is a member of the EU, OECD, FATF and IOSCO
  • Ireland has a very favourable tax regime for funds. Memorandums of Understanding signed with China; Dubai; Hong Kong; Isle of Man; Jersey; South Africa; Switzerland; Taiwan and USA as well as cooperation with all EU states
  • Only country in the Euro currency area to have English as a first language
  • Strong work ethic and skilled workforce advising and servicing a wider range of funds than other comparable jurisdictions
  • Product innovation and thought leadership: Ireland was the first European jurisdiction to allow regulated hedge funds
  • The Irish Stock Exchange is the leading stock exchange globally for the listing of investment funds, with over 2500** listed funds

UCITS & NON-UCITS STRUCTURES

There are two main fund regimes in Ireland; UCITS ('Undertakings for Collective Investment Schemes') and non-UCITS.

PROCESS FOR ESTABLISHING A FUND IN IRELAND

Investment funds seeking to domicile in Ireland must obtain authorisation from the Central Bank of Ireland and undergo a two stage approval process. 



* Central Bank of Ireland (December 2012)
** Irish Stock Exchange (February 2012)