Many multinational companies (M.N.C.s) have set up in Ireland in recent years - Leaving Cert Geography - Question Question 1 - 2006

Ireland's low corporate tax rate of 12.5% makes it very attractive for multinational companies. This rate is significantly lower than the rates in many other countries, encouraging MNCs to establish their headquarters or operations in Ireland to maximize their profits. The financial savings from the lower tax burden can then be reinvested back into the company or used to expand their operations.

Ireland has a highly educated and skilled workforce, which is another reason why MNCs are attracted to establish themselves there. With strong educational institutions and a focus on technology and business, the country produces graduates with the skills and knowledge that align with the needs of many global companies. This ready pool of talent allows companies to recruit skilled employees easily, ensuring that they can operate effectively and competitively in the market.