Ireland Canada Business Association 2016 Business Summit
On Thursday 27 October, Frank Keane, Head of International Business, attended the Ireland Canada Business Association (ICBA) 2016 Business Summit at the Department of Foreign Affairs and Trade in St. Stephens Green, Dublin with Juron Kinnear, VP Corporate and Legal Affairs at Yroo. Yroo, a Canadian born search engine for shoppers, is expanding its Dublin office in order to build out global operations and is set to create 33 jobs in Ireland over the next three years.
The summit, “Celebrating and Strengthening the Business Links between Ireland & Canada” had four sessions over the course of the day consisting of panel discussions which focused on various aspects of deepening connections and improving trade and investment between Canada and Ireland. As part of the final panel discussion of the day “Investing in Ireland: The Canadian experience”, Juron, shared his experience of working with EisnerAmper Ireland to establish the business in Europe using Ireland as a base.
Keynote speakers on the day where Former Quebec Premier, Jean Charest and Minister for Foreign Affairs and Trade, Charlie Flanagan, T.D. The full summit agenda can be viewed here.
Learn more about how EisnerAmper Ireland can assist you with your International Trade needs here.Latest News →
EisnerAmper Ireland exceed national average in FAE results
The Chartered Accountants Ireland FAE 2016 results were released today, Friday 28 October, and EisnerAmper Ireland students have exceeded the national performance with an 87.5% overall pass rate and a 100% pass rate in the Core exam. This result is proof, not only of the extensive hard work our trainees put into achieving their qualification, but also of the dedication that EisnerAmper Ireland put into supporting, coaching and training all staff members.
This coaching and training is unrivaled and includes c.30 bespoke training sessions, monthly learning afternoons and twice yearly off site residential training programmes. We value education, not just qualifications. Members of our team lecture on FAE and CAP 2 programmes, act as External Examiners, correct mock papers, sit on education boards and write accounting books, giving our trainees access to some of the leading professionals in the industry.
To find out more about qualifying with EisnerAmper Ireland click here.Latest News →
Premier International Associates Conference, Florence
EisnerAmper Ireland is a member of Premier International Associates, a global network of accounting, tax, legal and business consulting firms. The bi-annual conference presents members with the opportunity to build relationships with member firms and to gain in-depth insights into technical updates through attending the presentations, Q&A sessions, group discussions and workshops offered by members. The conference is a great opportunity for EisnerAmper Ireland to network with other member firms and build close connections with members such as Saw Meng Tee pictured here with Frank Keane.
For more information on EisnerAmper Ireland’s International Business offering please click here.Latest News →
EisnerAmper Ireland attends DLD Tel Aviv Conference
Cormac Doyle, Tax Partner, visited Tel Aviv last week as part of an Irish delegation who attended the DLD Tel Aviv Conference (http://dldtelaviv.com/). Cormac joined others from the IDA, Bank of Ireland, Philip Lee solicitors, Stelfox, and EisnerAmper LLP on the trip. The trip was an opportunity to meet with companies and their advisors in Israel and to promote the benefits of Ireland as a Gateway to Europe.Latest News →
EisnerAmper Ireland’s Golf Day
On Thursday 29 September, EisnerAmper Ireland’s golf outing took place in Powerscourt Golf Club, Enniskerry. A total of 7 teams, made up of clients, alumni and staff, took part in the event. Everyone who attended had a very enjoyable afternoon followed by dinner and drinks in the Clubhouse.
Latest News →
Frank Keane facilitates growth, of world’s most powerful shopping search engine, in Ireland
On Thursday 22 September, Yroo, the world’s most powerful search engine for smart shoppers, announced that it will grow its Irish base with the creation of 33 jobs over the next 3 years. Yroo was introduced to ConnectIreland through Frank Keane, EisnerAmper Ireland’s Head of International Business.
Yroo is growing its new offices in Dublin, Ireland in order to build out global operations and support customers in more than 35 countries where the company currently transacts across North and South America, Europe, and Asia. Employee retention continues to be strong and hiring is at all all-time high, with 450 percent growth since the company’s founding less than 2 years ago.
Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, welcomed today’s announcement saying: “This is another vote of confidence in Ireland and in the skills of the Irish workforce. It is so fitting that a company designed to harness ‘people power’ has decided to invest in Ireland. Ireland has developed extensive expertise in ICT generally and the greater Dublin area is now an ideal location for companies like Yroo who are involved in the competitive and dynamic world of eCommerce.”
Yroo’s Irish office will be responsible for management and international sales, business development, marketing, software development and customer support. To find out more about the announcement see the ConnectIreland blog here.
To find out more about EisnerAmper Ireland’s International Trade offering please click here.Latest News →
Junior Achievement Ireland celebrate 20th Anniversary
For more than five years, members of EisnerAmper Ireland have volunteered with the Junior Achievement Ireland (JAI) Programme. JAI is part of a worldwide organisation reaching out to 9.3 million young people each year, encouraging young people to remain in education while helping them to develop important skills needed to succeed in a changing world. The programme operates across primary and secondary level schools and fosters a spirit of enterprise within participating schools.
Junior Achievement is celebrating its 20th year in Ireland and last June they gathered a group of fourth class students from St James’s School, Basin Lane, Dublin 8 to celebrate. Over the course of a morning, the group of students, with help from volunteers, used their budgeting skills to establish what they considered to be of value and importance in today’s society in the form of their ‘Children’s Budget’. The students then presented their budget to Minister for Children, Katherine Zappone TD on Wednesday 14 September. A short video has captured the student’s work which highlights the value of corporate contributions to JAI over the past 20 years.Latest News →
Aer Lingus College Football Classic
Jackets lined out for the Aer Lingus Football Classic at the Aviva stadium. As co-founders of Ireland Gateway to Europe and reflecting our focus upon advising US and international companies doing business in and through Ireland, EisnerAmper Ireland was delighted to attend the event. Partners and managers from EisnerAmper Ireland brought 25 clients and contacts of the Firm to the game as their guests.
The game saw Boston College defeated by Georgia Tech 17-14 when freshman Dedrick Mills capped a 59-yard touchdown with a 4-yard scoring run with 35 seconds left. The Georgia Tech Yellow Jackets were presented with the Keough-Naughton College Football Trophy. Despite the rain, there was a great atmosphere at the Aviva stadium and the experience was enjoyed by all in attendance. The game was aired live on ESPN to an audience of 1.4 million US viewers and was attended by 40,000 fans that traveled from across the US and Europe for the game. Highlights from the game can be seen here.
For more information about EisnerAmper Ireland’s focus of advising US and international companies please see here.Latest News →
“A Smile for Ryan” Golf Classic
On Friday 5 August, Ray Kelly, David Gaule, Cian Collins and Aidan Lundy, from EisnerAmper Ireland’s Financial Services team played in a charity golf classic in Laytown & Bettystown Golf Club to help raise money for “A Smile for Ryan”. Ryan Coyle is a two-year-old boy from Duleek, Co. Meath, who was diagnosed in January 2016 with stage 4 Neuroblastoma, a childhood cancer that most often affects children under five. 60 – 70% of children with neuroblastoma cancer relapse after going into remission and therefore Ryan’s parents are aiming to raise €300,000 to send Ryan to the US for a treatment called DMFO. This is the only treatment currently available to prevent a relapse. A total of 28 teams took part in the golf classic which raised a total of €11,833. Well done to Ray, David, Cian and Aidan and to everyone that helped make this event a huge success.Latest News →
EisnerAmper Ireland meet with Chinese entrepreneurs
On July 18 2016, Frank Keane, Ian Wilson and Hao Wang presented to a delegation of Chinese entrepreneurs, from the distinguished Tsinghua University Entrepreneurs Club, at The Croke Park Hotel in Dublin . It was an opportunity to showcase Ireland to the Chinese delegation and give an insight into EisnerAmper Ireland’s areas of expertise and history of assisting clients internationalising from China.
The presentation covered the topic of Internationalisation and findings of an Internationalisation study carried out by EisnerAmper Ireland in late 2015. The results of this study are available here.
To find out more about our International Trade offering please click here.Latest News →
EisnerAmper Ireland’s views on UK’s EU referendum result, in conversation with CNBC
David Montgomery, Partner and Head of Risk & Regulatory Advisory at EisnerAmper Ireland, shared some thoughts with Jon Marino, a reporter for CNBC.com, on the UK’s EU (Brexit) referendum.
Now that the UK has voted to leave the EU, providing clarity as to their direction of travel (subject to the UK government triggering Article 50), market uncertainty will now focus on how that exit will be negotiated, how long it might take and what will happen in the UK, the EU and global marketplaces over the short and medium terms. While there will be uncertainty and volatility, we expect there to be opportunities for jurisdictions like Ireland to provide market routes for global firms into Europe that have traditionally gone through the UK. Ireland is well placed to support the UK by providing and maintaining a route for UK firms to the EU marketplace with minimal interruption and low frictional cost.
Banks, insurers and investment firms within the UK already have well-developed contingency plans that will now be implemented. The fact that the European Central Bank licenced the Irish supervisory framework for use in their Single Supervisory Mechanism is a strong selling point for the high regard in which the Irish regulatory system is held internationally. This is expected to result in an increase in applications for authorisation to the Central Bank of Ireland, as many such corporates have been examining this possibility for some time while also scouting for office space over the last year.
The article was published on CNBC.com on Friday 24 June. The referendum took place on Thursday 23 June, the result being in favour of leaving the EU (51.9% of the vote with 17.4 million votes). Markets around the world have been shocked by the result. Select here to read about the key considerations for businesses in the wake of the leave result.
To read more about Brexit and to download our Brexit guide please select here.Latest News →
British referendum on EU Membership (Brexit) Result
Now that the UK has voted to leave the EU, there are many political matters that will require decision-making and negotiation at a European Union and UK level. How long it might take, what form it might take and what the end result might be is at this point unknown. However, as the withdrawal mechanism in Article 50 of the Lisbon Treaty will take at least 2 years from the date of formal notification to the European Council, despite the uncertainty business will continue, as usual, on a day-to-day basis.
Although politicians have much to consider, businesses currently based in the UK or those who were previously considering the UK as a route to EU markets also have decisions to make at a strategic, tactical and
operational level. At this point, key areas to consider include:
- Structure – the rationale for, and structure of, your international operations (e.g. cross border compliance issues, accessing EU markets in the most cost effective manner possible);
- Tax – implications arising from the point at which the UK ceases to be a member of the EU (e.g. repatriation of profits, holding company structures and VAT); and
- Regulation – issues affecting the structure and movement of finance, financial services and providers including legislative requirements, applications for authorisation and dealing with supervisory authorities (e.g. central banks and other regulatory authorities).
How we help
As a firm of specialist accountants with a focus on three markets; Financial Services, International Business and Government, we advise global financial services providers, life sciences and technology businesses, and their advisors on all aspects of doing business in Europe through Ireland.
We are experts in the provision of Audit, Tax, Advisory and Outsourcing services. Our approach is to provide established international companies and start-ups with the strategic insight, local knowledge, ideas and support necessary to facilitate their overseas expansion into Europe via Ireland. This is what we do every day.
The decisions businesses now face require multiple service delivery solutions. We are fully integrated into the international trade ecosystem. As a founding member of Ireland, Gateway to Europe, we work closely with industry leaders, entrepreneurs, service providers, trade bodies, Irish and international law firms, and government bodies such as Enterprise Ireland and IDA Ireland.
For more information please visit www.eisneramper.ie or call our Brexit Advisory team on +353 1 2933400.
EisnerAmper Ireland is the Irish owned member of EisnerAmper Global, a specialist network of independent member firms operating via global financial trading hubs.
To read more about Brexit and to download our Brexit guide please select here.Latest News →