Ever since Britain voted to leave the European Union, lawyers and other professional services have been casting an expectant eye across the Irish Sea. Their motivations are clear – a hop to Dublin could ensure that firms retain vital access to the EU market, institutions and workforces, as well as maintain their legal privileges in European competition investigations. Others may want to follow banking clients, or take advantage of the potential opportunities Ireland offers in itself as a place of significant growth for the future – regardless of a hard or soft Brexit.
The realities of setting up a professional services firm in Ireland were discussed by an expert panel at the Professional Practices Alliance seminar on Wednesday 20 September 2017, with Clare Murray navigating the audience through some of the key steps in the journey a professional service firm may need to take if setting up in Ireland. A copy of the workshop report can be downloaded here.
The workshop covered some of the key legal, tax, regulatory, immigration, recruitment and other commercial considerations, such as property costs, for professional services firms looking to establish an operation in Ireland. It also discussed steps which firms can take at the outset to protect their new and growing operations in Ireland from key risks, liabilities and potential partnership disputes. A number of those topics are covered in the attached report.
With thanks to the panellists and report contributors: UK & Ireland recruitment specialist, Portia White of Fox Rodney Search; Irish Commercial & Partnership law specialist, Bernadette Quigley BL from the Irish Bar; Irish regulatory specialist, Barry Magee of McDowell Purcell; UK partnership law specialist, Corinne Staves of Maurice Turnor Gardner LLP; Irish employment and immigration law specialist, Colleen Cleary of CC Solicitors; UK Regulatory specialist, Iain Miller of Kingsley Napley LLP; and Irish and International Tax specialist, Andrew Quinn of Maples & Calder. Their contact details are in the attached report.
You can access a copy of the PPA report Setting UP in Ireland: Issues for International Professional Services Firms here.
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