Crossfire

Matheson’s technology and IP law blog

Ireland named as “best country for business” by Forbes

December, 2013

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Great news! Ireland has grabbed the top spot in the Forbes listing of the “best countries for business 2013”. Forbes measures countries using 11 different factors such as investor protection, tax burden and red tape and found that Ireland was the only one to rank in the top 15% of each. The article notes that Ireland’s well-educated, flexible and English-speaking workforce and accommodating tax system were the main draws for international investors.

This news comes at an exciting time for Ireland. The country returned to growth in the second quarter of this year and statistics released just yesterday show that unemployment dropped for the 17th consecutive month. There is a sense here in Dublin that the economy has turned a corner and that Ireland is well and truly open for business.

The Forbes article can be found here.