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Ireland offers incentives for foreign investment, making it a popular choice for branches. A foreign company must establish a branch in Ireland under the EU (Branch Disclosures) Regulations 1993, which oversee this process. A new act speeding up company registration with the Companies Registration Office has made Irish branch formation relatively quick.
The branch must prepare annual accounts per Belgium’s minimum chart but does not need to file them with the National Bank. The parent company must file its Annual Financial Statements with the National Bank.
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