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BranchImport / Export & Trading

Branch Office (External Company) in Ireland — Import / Export & Trading Formation Guide

Choose a jurisdiction with strong logistics infrastructure, favorable customs agreements, and access to major trade blocs (like the EU or US). Consider VAT deferral schemes and free trade zones.

Last verified: June 13, 2026

Corporate Tax

12.5%

State Tax

0.0%

Formation Cost

$58

Annual Fee

$17

Forming a Branch Office (External Company) in Ireland as a Import / Export & Trading means a total tax burden of 12.5% and an official formation cost of $58. There is no minimum capital requirement. Standard formation takes 1-2 weeks, or 3-5 business days expedited. No local director is required; the process can be managed remotely. This guide covers the steps, tax breakdown, banking options, and compliance requirements — all from verified data.

First-year total cost

$1,377

Ongoing (per year)

$822

Detailed cost calculator →

Why Branch Office (External Company) for Import / Export & Trading?

A business model focused on sourcing goods from one country and selling them in another. Success relies heavily on supply chain efficiency, customs compliance, and navigating international trade tariffs.

Ideal for

  • Physical product brands
  • Wholesalers and distributors
  • Dropshippers scaling to bulk inventory
  • Cross-border B2B traders

Challenges to watch

  • Complex customs and import duties
  • High shipping and logistics costs
  • Cash flow management due to inventory delays
  • Regulatory compliance across multiple jurisdictions

Key decision criteria

  • Proximity to major ports or logistics hubs
  • Availability of Free Trade Zones (FTZs)
  • VAT and sales tax registration requirements (e.g., EORI in the EU)
  • Double taxation treaties between sourcing and selling countries

Branch Office (External Company) formation requirements

Minimum capital

None

Standard timeline

1-2 weeks

Expedited timeline

3-5 business days

Local director

Not required

Registered office

Virtual office allowed

Notarization

Required

An EEA-resident director is not strictly required, but the branch must appoint a person resident in Ireland authorized to accept service of documents and ensure compliance.

See the full guide for all documents and requirements →

Estimated breakdown (based on avg. $1,000,000 revenue)

Gross Revenue$1,000,000
Corporate Tax-$125,000
Formation Cost-$58
Annual Fee-$17
Net Profit$874,925

Simulate with your own revenue →

VAT / Sales Tax

Standard rate 23%. Registration threshold: 85,000 EUR. The VAT registration threshold is €85,000 for goods and €42,500 for services. Non-EU businesses providing digital services must register from their first sale.

Banking & payments for Import / Export & Trading

Opening a traditional bank account in Ireland as a non-resident can be challenging and often requires an in-person meeting or an Irish resident director. However, non-resident founders can easily use remote-friendly fintechs like Revolut Business or Wise to get an Irish IBAN and manage multi-currency transactions.

Supported payment gateways

StripePayPalAdyenElavonCheckout.comPayzone

Remote-friendly accounts

  • Revolut Business

    A highly popular fintech offering fast, fully remote onboarding for Irish entities, multi-currency accounts, and local Irish IBANs.

  • Wise

    Excellent for international businesses needing multi-currency accounts and low-cost cross-border transfers. Fully remote opening process.

Ireland incentives & advantages

R&D Tax Credit

35% tax credit on qualifying R&D expenditure, which can be used to offset corporation tax or claimed as a cash refund in instalments.

Branch Office (External Company) formation steps

1

Verify the parent company's eligibility and gather its constitutional documents (Certificate of Incorporation, Memorandum & Articles of Association).

2

Have all parent company documents notarized, apostilled, and translated into English by a certified translator if necessary.

3

Appoint a person resident in Ireland who is authorized to accept service of process and legal notices on behalf of the company.

4

Secure a registered physical address in Ireland for the branch office (virtual offices are commonly used).

5

Complete and file Form F12 (for EEA companies) or F13 (for Non-EEA companies) with the Companies Registration Office (CRO) within 30 days of establishing the branch.

6

Register for Corporation Tax, PAYE (if hiring employees), and VAT with the Irish Revenue Commissioners via the Revenue Online Service (ROS).

7

Open a corporate bank account using a traditional Irish bank or a remote-friendly fintech platform like Revolut Business or Wise.

Import / Export & Trading FAQ

Do I need a company in the country I am importing to?

Not always. You can often act as a Non-Resident Importer (NRI), but having a local entity can simplify customs, VAT registration, and local banking.

What is an EORI number and do I need one?

An Economic Operators Registration and Identification (EORI) number is required for businesses importing or exporting goods into or out of the European Union.

Should I incorporate in a Free Trade Zone (FTZ)?

FTZs offer tax exemptions and simplified customs procedures, making them ideal if you plan to re-export goods without them entering the local domestic market.

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