While March 17 is the day set aside to honor the passing of Saint Patrick and to celebrate all things Irish, hundreds of US companies, and over a dozen Utah brands, are embracing the country on a full-time basis.
Overstock CEO Jonathan Johnson said his company launched its first office in Ireland in 2013 and made a $1 million investment in an expanded facility in 2019 that helped accommodate a growing staff.
Houlihan said that while Ireland's 12.5% tax rate on business revenues up to $750 million is a powerful attractor, there are broader and deeper business resources and support mechanisms that help keep companies there once they arrive. And many, like Overstock, expand their presences after they realize the benefits.
"If you're an EU resident, you don't need a visa or work permit to work in Ireland," Houlihan said. "There is free movement. And the free flow of knowledge and talent." Ireland's geographic location reflects the role it wants to play as a go-between for U.S. businesses looking for better connections and access to the EU's 550 million customers and 250 million workers. The U.S. conducts over $1 trillion in trade with EU countries every year and over $250 billion annually with Ireland alone.
LeFevre said he's heard positive reviews from Utah companies that have found success in Ireland and the country has "built some very impressive Utah business connections."And it's a success arc that's continuing to grow.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Utah's snowpack officially breaks mid-March record; rain causes new flood risksUtah's snowpack is officially the highest it has ever been by the middle of March in more than 40 years.
Weiterlesen »
Utah State vs Missouri Predictions, Odds & Picks - March Madness 2023Utah State likes to let it fly from long range, and Missouri should be all too happy to oblige after playing all season in a conference that couldn't hit threes. Our college basketball picks have more on this opening Madness matchup.
Weiterlesen »
Missouri beats Utah State for 1st March Madness win since 2010Utah March Madness update: Missouri used a second-half scoring spurt from Kobe Brown to win its first NCAA Tournament game in 13 years, beating Utah State 76-65 on Thursday.
Weiterlesen »
March Madness 2023 fans rip TNT over viral crying Utah State cheerleaderNot everyone was thrilled with TNT’s broadcast of Utah State vs. Missouri on Thursday.
Weiterlesen »
Opinion: Arms straight, legs crossed — For local Irish dancers, March Madness isn't about basketballMy life changed forever after seeing “Riverdance,” the Grammy Award-winning musical about Irish and international dance.
Weiterlesen »
TooFab's Week In Celebrity Photos: March 12 - March 18Bianka and Capri Bryant -- 6 and 3, respectively -- joined mom Vanessa and sister Natalia at event honoring Kobe in Hollywood (via toofab)
Weiterlesen »