Salary costs are lower than in the rest of the UK, and around 30 per cent lower than other European locations such as London, Dublin and Paris. Operating costs overall are lower than the rest of the UK and Europe1.
Property costs in Northern Ireland compare very favourably with other regions in the UK and the Republic of Ireland. Prime office rents are among the lowest in Western Europe. New, purpose-built and fitted-out office space costs are easily affordable within Northern Ireland.
The overall tax burden in Northern Ireland is the lowest of all the major European economies.
The UK remains the lowest taxed large economy in the EU with:
Investors benefit from a myriad of tax incentives to encourage further development, including:
Northern Ireland’s telecoms costs are among the most competitive in the world. Among the investors taking advantage of Northern Ireland’s state-of-the-art communications infrastructure and competitive telecoms costs are contact centre investors such as Teleperformance and Firstsource.
* 1 Source: FDI Benchmarking