Google, Microsoft, Adobe Systems, IBM, PayPal… What do they have in common? All of them and many other American companies have opened their offices or even moved their headquarters to Ireland. These business giants are attracted to this location by low corporate tax that amounts to 12.5%, which is almost three times lower than in the USA. The scheme they mainly benefit from is called “Double Irish with a Dutch Sandwich”. Basically, large corporations direct their profits to an Irish company, then through a Dutch company, and finally to another Irish company. Thus, Irish companies play role of the bread, while a Dutch company is a cheese, combining into a sandwich. Such scheme allows to drastically reduce overall corporate taxes and makes Ireland a taxing haven.
Qubit Labs conducted a job market research in Ireland, and came to a conclusion that there is one more strategy that can help companies to save up money; the solution is outsourcing. If you compare salaries of Irish and Ukrainian software development specialists, you’ll see that instead of hiring one IT expert in Ireland you can hire two developers in Ukraine for the same price. Profit!
So check the infographics and learn more about cost saving techniques.
Score from the experts at Killer Infographics
Visual Communication - 75%
Design - 75%
Content/Script - 80%
Usability - 80%
In a spacious layout, this infographic communicates reasons for conducting IT business in Ireland and Ukraine. For the most part, the visual communication is strong. However, the section "Why Ireland Is Taxing Heaven" is extremely confusing as there is no apparent starting point. The design style is clean and professional. The infographic is divided into sections, but adding a slightly darker shade to every other section, or more defined section headers, would provide a stronger visual differentiation. The copy and content is free of major errors, and very limited, accentuating the infographic instead of dominating it. Overall, this infographic is useable and a great stepping-stone for anyone beginning research into business in Ireland. We'd give this a C.