July 2, 2016 by AK
At first glance, it seems that Ireland would be the natural domicile for companies wishing to move their addresses from Britain. In particular, Dublin should be in a position to take in refugees from the City. It speaks English and, more importantly, operates under a version of English law, the legal environment preferred by the global finance community.
But how will Ireland, as an EU member, interact with the offshore dependencies of the UK, such as the British Virgin Islands, which European regulators treat with suspicion as likely enablers of money laundering and tax evasion? Will the Netherlands, with its sophisticated (if still Continental) commercial legal system and the Antilles as an offshore jurisdiction acceptable to the Eurocommissars, have an advantage over Ireland? At any rate, it’s a once in a lifetime chance for places like Dublin, Amsterdam, Luxemburg and Frankfurt.