Why set up business in Shannon?
Shannon is your ideal gateway to growing in Europe
There are many good reasons why Ireland is an ideal location from which to do business within the EU – and even more to pick Shannon if your business is aviation or aerospace.
Ireland is a top location for the availability of skilled people and the only English speaking country in the Eurozone. Over half (52%) of 25-34 year olds have higher-level education qualifications and there’s an abundance of aviation professionals in and around Shannon with a lifetime of industry experience. You’ll find a wealth of relevant skills and experience in all matters aeronautical from engineering and legal, to accounting and tax, and everything in between.
Ireland also understands the particular requirements of your industry and our education is geared towards meeting those needs. The University of Limerick, for example, is the only university in Europe to offer an MBA with a specialist aviation management stream and is also home to the National Technology Centre for Composite Materials Research. Shannon Free Zone itself is home to a number of Part 66 and Part 147 approved training organisations, producing award winning aircraft engineers year after year. ‘
Ireland has a pro-business attitude that enables companies to set up quickly with the minimum of red tape and has an attractive corporate tax rate of just 12.5%. It also has an extensive network of over 70 double taxation treaties, enabling companies to do business globally in an efficient and effective manner, and is a signatory to the Capetown Agreement. These and other pro-business considerations have resulted in the Irish aviation and aerospace sectors contributing over €4 billion a year to the country’s GDP and to the direct employment of 26,000 people.
Shannon Airport itself is an exceptional resource. It offers a wide range of non-stop flights to the US and throughout the UK & Europe, as well as well established cargo and logistics facilities, including scheduled long haul freighter service. Shannon also enjoys the advantages of a well-developed and uncongested road network linking it to Limerick, Galway and the country’s two other main cities of Cork and Dublin.