Overview of Northern Ireland business
Business and commercial environment of Northern Ireland
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 Centre028 9069 8135