Overview of Northern Ireland business

Business and commercial environment of Northern Ireland

Guide

Northern Ireland offers many advantages to those starting up or expanding a business.

Key sectors in Northern Ireland

Knowledge-based sectors attract investment into Northern Ireland. Software, contact centres and financial services are growing fast. Other key sectors include:

  • aerospace
  • engineering
  • health technology
  • the service industry
  • manufacturing
  • construction
  • agriculture

The Tourism industry in Northern Ireland is also growing and attracting investment - the Northern Ireland Statistics and Research Agency (NISRA) provides .

Researching your idea

If you are starting a business in Northern Ireland, it is important to research your sector with care.

Invest NI's Business Information Centre can assist you with market research.

Invest Northern Ireland can give you:

  • market information
  • company profiles
  • agent and distributor details
  • sales leads

.

Tax and government 91Ïã½¶»ÆÉ«ÊÓÆµ

You should be aware of the tax rates that might apply to your business.

Corporate tax rates charged on profits are among the lowest in the EU - HM & Revenue Customs (HMRC) provide .

Value added tax (VAT) is payable on goods and services. The actual amount payable depends on your profits - HMRC outline .

The UK government has a research and development (R&D) tax relief scheme for all businesses in the UK - HMRC provide information on .

You might need funds to get your business up and running. You may be able to get government grants for capital expenditure and for some start-up running costs - our Business Support Finder can help you search for financial 91Ïã½¶»ÆÉ«ÊÓÆµ for your business.

Finding local knowledge

Business networks are a good place to get advice, and may be able to help find sources of funding. It is also a good idea to search local directories and media for help - see directories and local media in Northern Ireland and business networks in Northern Ireland.

  • Invest NI Business Information Centre
    028 9069 8135