Ireland is a well-established captive domicile location with a mature infrastructure, allowing for an uncomplicated captive setup and subsequently smooth running entities. Ireland has an excellent reputation as an insurance and reinsurance captive domicile of choice as well as a financial services hub.
Ireland is a legitimate low tax onshore jurisdiction and is well placed to fulfil economic substance for CFC purposes. There are currently 61 double taxation treaties in effect covering all EU member states.
The Central Bank of Ireland is responsible for the regulation of most financial service firms (financial service providers) in Ireland. (www.centralbank.ie)