Low tax Ireland’s biggest draw for foreign investors

IRELAND’S low corporation tax rate is the most positive element that attracts foreign direct investment into Ireland, according to a new index launched today by Matheson Ormsby Prentice (MOP).

The MOP FDI Index, compiled by Amarách Research, surveyed 250 Irish-American business leaders in the US and investigated their perceptions of Ireland as a place to invest, their attitudes towards foreign direct investment and the factors affecting it.

The most positive attributes identified as important by US corporations considering Ireland as a location for FDI were its competitive tax regime (29%), the fact that it is English-speaking (21%), ease of access from North America (18%), Government incentives (17%) and skilled workforce (17%).