Technology

Ireland is a leading innovation hub in Europe, attracting many of the world’s best known technology and internet companies. It’s an ideal location for technology companies, with a skilled and motivated workforce, attractive R&D credit schemes, a low corporate tax rate and benign tax regime.

Ireland also has a vibrant indigenous technology sector, with many Irish businesses becoming leaders in Europe and internationally in their respective market niches.

RSM Farrell Grant Sparks has an extensive client base in the technology sector, including both indigenous and international companies. Our clients include technology start ups, SMEs, long-established technology companies and multinational entities.

We provide taxation, fundraising, auditing and accounting advice, helping clients to:

• Set up in Ireland – we offer a one-stop shop service for overseas firms establishing operations or a holding company here for the first time
• Raise finance through our contacts within finance, equity, venture capital and banks
• Find the right structure to achieve their objectives in home and export markets
• Avail of grants and tax credits, from RTI (research, technology and innovation) funding to R&D tax credits
• Achieve an exit with significant value

A global reach

International experience is essential in this dynamic and fast-paced sector, and RSM Farrell Grant Sparks is involved in assignments with technology companies across the world, from Dublin to Silicon Valley.

Through our membership of the RSM International network, we can advise indigenous businesses on all aspects of how to expand in overseas markets, as well as assisting international companies to establish a base in Ireland.

Our team

Our experts have an in-depth knowledge of the industry, from finance through to licences, patents and IP rights, and have extensive know-how in dealing with the primary state agencies, IDA Ireland and Enterprise Ireland.

Many of our team members also have hands-on experience as directors in technology companies operating in international markets – as well as corporate finance experience in terms of business purchase, sales and mergers. They also have deep knowledge on the audit side, and take care of compliance – so our clients can take care of running their business.

Our team includes:

• Greg Sparks – a board member of the Digicel Group
• Michael McGivern – a leading tax adviser to technology firms
• Michael Shelley – an audit partner with much experience in the technology sector
• Ian Duffy, who has extensive practical experience as a director and shareholder
• Jim Mulqueen, whose corporate finance experience covers numerous major technology deals
• Michael Keenan, who has held board roles and acts for a number of audit clients in the sector

Our tax team has presented various seminars for the sector, such as:

• Special reliefs in Ireland for R&D
• The key essentials of IP development, protection and exploitation
• Relevant taxation issues for Irish Software Association and ICT Ireland member firms on doing business in foreign markets.

Related services

Read about our services in:

• Tax Planning for Companies
• International Tax
• Taxation and Business Start-ups
• International Financial Reporting Standards
• Grant Claim Accountant Report