dundalk.ie

Dundalk has lots to shout about and is very much open for business – ready and waiting for you to visit and consider opening your business here.

Strategically positioned on the East Coast of Ireland, lying approximately halfway between, and fifty miles from, the two largest cities in the island of Ireland - Belfast and Dublin - there is no better location for investment.

By locating in Dundalk you’ll benefit from lower overheads than if you were based in the cities.  This, combined with competitive operating costs and availability of highly skilled labour, makes Dundalk extremely cost-competitive.  Furthermore, the corporate tax regime here in Ireland is the lowest in Europe and continues to provide investors with a uniquely high return on their investment. The corporate tax rate in Ireland is 12.5%. Corporation tax is charged on the profits of a company and the country operates a classical system of company taxation.

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Dundalk is the principal centre in the middle of the East Coast. Within a 30 mile radius there is a population of 428,000. A 50 mile radius brings in Ireland’s two main cities, Dublin and Belfast, increasing the catchment to in excess of 3 million. Dundalk is located on the M1/N1 National Primary Route equidistant between the two cities. It is also served by an excellent inter-city rail network. Dundalk is very advantageously positioned in relation to international airports, which are located to the north of Dublin and the south of Belfast.

The North-East regional office of the IDA (Industrial Development Agency) is based in Dundalk.  The IDA is the state agency tasked with attracting foreign investment to Ireland.  As well as assisting in identifying potential locations for businesses, the IDA may also provide financial incentives to multinationals.   The foreign owned companies with operations in the region include Xerox, Coca Cola, Heinz, Becton Dickenson, Irish Life, National Pen, Daiwa Securities Global Asset Services, Diageo, and Satir. IDA’s Finnabair Business Park in Dundalk, adjacent to the Institute of Technology, provides building and Greenfield site solutions for overseas companies. IDA also has a developed land bank in Dundalk of circa 60 hectares (150 acres) capable of meeting the demands of large process related industry.

Dundalk has an extremely active Chamber of Commerce. Dundalk’s business network and business voice consist of 19 members representing all business sectors in the town.  Chamber members meet monthly with a view to promoting economic development throughout Dundalk.  The Dundalk Chamber provides invaluable networking opportunities along with the support of business peers.  Members enjoy the benefits of the Chamber’s lobbying and representation nationally, training programmes and promotion.

41% of businesses on the island of Ireland are involved in cross-border trade.  The latest statistics reveal that between 2003 and 2006, total trade between Northern Ireland and Ireland went up from £1.69bn to £1.99bn - a 17.8% increase.