The volume of trade between Ireland and the UK, estimated at over €1 billion in goods and services being exchanged between our countries on a weekly basis, means that Ireland will wish to keep trade with the UK as open as possible.
At the same time there is likely to be a wish to capitalise on the move of multinationals out of the UK, should this arise. It was reported that the IDA have approached 1,200 multinationals to assure them that Ireland’s future remains aligned with the EU. Government sources have also reiterated Ireland’s commitment to the 12.5% rate of corporation tax.
Click here to read the potential impact Brexit could have on Ireland.
We want to support you in getting your business HR Brexit Ready and managing the dynamics that will begin to present themselves as the transition continues.