Irish Desk

Welcome to Menzies’ Ireland desk.

A House of Commons briefing paper published in December 2017 stated that in 2016, UK exports to Ireland were worth £26.7 billion, whilst UK Imports from Ireland were £20.8 billion which was a record high. This is the fourth consecutive year UK imports from Ireland have grown.

Trade between the UK and Ireland is at an all-time high and it is becoming increasingly important for a growing number of businesses on both sides of the Irish Sea to look for advise in both the UK and Ireland.

We can support both Irish businesses trading in the UK and UK firms trading in Ireland, through our network of offices in the UK and partnerships in Ireland.

It is an important time in the business world as UK and Irish companies prepare for the impact of Brexit and will need to consider their options carefully as details of Brexit become clear.

IRISH BUSINESSES TRADING IN THE UK

For Irish businesses, the UK is an ideal first-step market for export. The benefits for Irish businesses exporting to the UK include:

  • common language,
  • same time zone,
  • strong transport links,
  • similar regulatory and legal framework,
  • ideal starter or test export market,
  • open economy, used to imports,
  • strong bilateral trade between the 2 countries,
  • strong economic environment.

 

We are able to guide Irish businesses on trading with the UK, from initial consultancy advice and discussions about business models through to ongoing advice and support.

As a first step you may find it useful to take a look at our guide, as well as our essential checklist, for setting up in the UK.

Download our checklist to setting up in the UK.
Download our guide to setting up in the UK.


Contact Us


UK businesses trading in Ireland

Irish accounting services

Doing business in Ireland is very similar to doing business in the UK. If your product or service is successful in the UK, there is a good chance you will be successful in Ireland. However, there are certain challenges when doing business in or with Ireland that you should be aware of. These include: competition against a robust domestic market, costs of doing business can be high, obtaining credit etc.

Through our partnership with [link – HLB International] we can help you in setting up your business in Ireland from initial consultancy advice to ongoing support and compliance services. We can also make introductions to external service providers such as banks and lawyers.

Download HLB’s Guide to Doing Business in the UK.Download HLB’s Guide to Doing Business in Ireland.
To speak to a partner or for more information about doing business in Ireland or the UK and the services we offer please contact Martina Fitzgerald to discuss your requirements.

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ESSENTIALS

  • “Menzies have been an incredible partner for us as we’ve moved from the US into the UK. They’ve helped us navigate a new business climate, displaying exceptional local expertise, while also responding quickly and pragmatically to the growing requirements of a tech company. By plugging us into their network of contacts, our entry has been significantly easier than it would have been without them.”

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    Wiredscore UK Limited, Wiredscore UK Limited June 18, 2018

  • “Menzies provided, audit, tax and company secretarial services to SFW. Their work was always to a  very high standard and we found them easy to work with. When we sold the business Menzies provided significant help during due diligence and completion activities. They were highly responsive, particularly, when we had last minute requests for assistance and were thoroughly professional. I have no hesitation in recommending them.”
    Steve Elliott – SFW Ltd Director

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    SFW Ltd, SFW Ltd August 17, 2016

  • “We Menzies over the past year and we continue to be impressed with their knowledge, efficiency and the high calibre of support they provide. The Menzies team look after our year end accounts in a timely and efficient manner, and continue to provide proactive advice in many areas of our business, from keeping track of our product margins and fixed costs to providing us with beneficial forecasting advice. We are also liaising with other teams within Menzies, for example they are assisting us with crowdfunding options and have advised us on building a strong business plan.”

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    Luxury British Brand, A luxury British Brand August 17, 2016

  • “Throughout our many years of working with Menzies, we have always found them to be professional in all aspects of their work. The team currently deal with our UK trading company and the holding companies which includes acting as the group auditors for a large international group. Their historical knowledge of our company and operations is highly important to us especially as we have a fairly complicated group structure. The team are reliable, friendly and organised in their approach.

    We would have no hesitation in recommending Menzies to any other company.”

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    Crabtree & Evelyn, Crabtree & Evelyn August 17, 2016

  • “Menzies LLP have acted as our auditor and advisors for a number of years. The company has a holistic range of services to offer, from the compliance aspects of our business and consultancy services which are undertaken by specialist teams. The firm have recently undertaken a business valuation for a successful acquisition of an overseas subsidiary that our group acquired as it continues to grow and branches out into the overseas markets. We have found Menzies to be reliable, honest advisors and would not hesitate to recommend them.”

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    Contechs Holdings Limited, Contechs Holdings Limited August 17, 2016

  • “We have known Menzies for a very long time. The firm acts as our auditors and advisors for the company and our family’s own personal matters. The team fully understand our affairs and come up with pro-active solutions that are in our best interest and tax efficient for the business and family. We also utilise the services of Menzies Wealth Management so the teams work closely together to ensure our affairs dove tail in their advice. The team are trustworthy and reliable and we would not hesitate to recommend them for your personal or company affairs.”

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    Down Street Electrics Limited, Down Street Electrics Limited August 17, 2016

  • “We are a very long standing client of Menzies and they deal with all our financial requirements from day to day bookkeeping through to higher level advisory support.  They are always courteous, professional and considered – and relevant to our sector – providing us with solutions that are prompt and accurate and help us to run the business as efficiently as possible.  We would have no hesitation in recommending their services.”
    Takashi Kamimura – Mary Quant Limited

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    Mary Quant Limited, Mary Quant Limited August 17, 2016

  • “What really pleases me is that I’m now, for the first time, proud of my business, seeing it grow and spending less time at work! I’m learning how to have fun and relax again. My hard work is starting to pay off, thanks to Menzies”

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    FTI, FTI May 25, 2016