Hi there, so let me get straight to the point:
I want to start a new company that provides services to other real estate companies (business to business).
It will be an internet company but I will need to relocate to the place where I will be operating.
I have 2 choices so far, start in Ireland, Dublin? Or in UK, Liverpool?
Below I list the advantages that these 2 locations can provide me.
However I have a really hard time to choose.
UK Pros:
- I have permit to stay and work in the UK until 2024 (which will be updated if I live there by that time).
- I have 2 UK bank accounts that already contain half of the funds I'm going to invest.
- I have already obtained a personal UK tax number.
- UK is more familiar to me because I studied and lived there for 1.5 years.
- My girlfriend is able relocate with me because her sister lives there and we can share the renting costs (plus I will not be completely alone).
Ireland Pros:
- 12.5% corporate tax rate compared to UK that has 20%.
- Costs to live there seem to be less than the UK.
- Funds that I'm going to invest are in Euro (the currency of my home country) which means that I don't have to convert anything.
- I'm a European national, so that means that I don't need extra permits to live there and open a company.
- If the company is successful, my plans are to expand to the rest of Europe, this would be easier I guess if my company is already European.
Please let me know which country and city you would suggest for a new company and why.
Thanks for reading this far, I am happy to read your answers.
I want to start a new company that provides services to other real estate companies (business to business).
It will be an internet company but I will need to relocate to the place where I will be operating.
I have 2 choices so far, start in Ireland, Dublin? Or in UK, Liverpool?
Below I list the advantages that these 2 locations can provide me.
However I have a really hard time to choose.
UK Pros:
- I have permit to stay and work in the UK until 2024 (which will be updated if I live there by that time).
- I have 2 UK bank accounts that already contain half of the funds I'm going to invest.
- I have already obtained a personal UK tax number.
- UK is more familiar to me because I studied and lived there for 1.5 years.
- My girlfriend is able relocate with me because her sister lives there and we can share the renting costs (plus I will not be completely alone).
Ireland Pros:
- 12.5% corporate tax rate compared to UK that has 20%.
- Costs to live there seem to be less than the UK.
- Funds that I'm going to invest are in Euro (the currency of my home country) which means that I don't have to convert anything.
- I'm a European national, so that means that I don't need extra permits to live there and open a company.
- If the company is successful, my plans are to expand to the rest of Europe, this would be easier I guess if my company is already European.
Please let me know which country and city you would suggest for a new company and why.
Thanks for reading this far, I am happy to read your answers.
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