Dublin the 2nd most popular location in the EU for US start-ups
A recent report by Index Ventures has named Dublin as the second most preferred location in Europe for US Start-ups.
Index Ventures have issued a recent report listing Dublin as the second most preferred location in Europe for US Start-ups.
The San Francisco based global venture capital firm ranked each European country on number of factors including Salary, Cost, Corporation tax and availability of Senior Talent.
Dublin is ranked 1st alongside London for ease of set up. Dublin and Berlin were named the cheapest cities to operate in. Dublin and London came out on top for the availability of junior hires with the report noting a deep multilingual talent pool in both cities. Dublin also received a high grade for its competitive corporation tax at 12.5%.
According to the report "Dublin came in as the second-most preferred city for European headquarters. Four Index companies (Dropbox, Zendesk, Slack and Squarespace) chose Dublin, which has for 20 years been the choice of large U.S. tech companies like Microsoft, Oracle and Salesforce with strong customer support and inside sales needs. It also has the lowest corporate taxes in Europe (12%). So if customer support is your priority, which often it is, start with Dublin."
Source: Businessworld website
Further details in the Index Ventures Report Expanding into Europe