How are Irish resident companies charged for corporation tax?
A company is treated as resident in the Republic of Ireland (ROI) for tax purposes if:
(a) it is incorporated in the ROI, or
(b) it is managed and controlled in the ROI, i.e., the directors’ meetings are held in Ireland and key management decisions are made here.
A company that is merely incorporated in Ireland is not automatically treated as resident here if it is controlled by shareholders who are resident in another EU State or in a country with which Ireland has a tax treaty.
A company resident in Ireland is liable to Irish corporation tax on its worldwide profits. A company resident in a country with which Ireland has a tax treaty is not regarded as resident in Ireland for tax purposes.