The yearly ranking published by the TMF Group, an international professional services firm, has put Ireland just behind Hong Kong and Jersey island for ease of doing business.
The report ranks countries based on a number of considerations including regulations, compliance, economics, cyber security risks and the local legal system.
Ireland is a favorite among tech companies in Europe due to its low corporate tax rate, with companies like Google, Facebook and Paypal all setting up offices in the capital.
Services sector expands at near fastest pace in eight years
The Irish services sector expanded at nearly the fastest pace in eight years in January, according to the Investec Purchasing Managers’ Index for the period.
The index reading was 62.5 in January, just below the December reading of 62.6, Investec said.
The December reading was the highest since February 2007.
