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Why use a Corporate Service Provider ■ Provide a structured approach to your Irish set- up ■ Minimize core time of top management at HQ ■ Cost-effective solution
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IFG Managed Services LimitedIFG Managed Services Limited(IFG)(IFG)
Oonagh Hayes, CEOOonagh Hayes, CEO
Ireland as a platform into EuropeIreland as a platform into Europe
Who are IFG
■ Financial services company
■ In the managed services business since 1990
■ Part of IFG Group plc, listed on London & Irish stock exchanges
• market capitalization of ca. €230 m (ca. US$330m)
• 1,100 employees• international network of offices
Why use a Corporate Service Provider
■ Provide a structured approach to your Irish set-up
■ Minimize core time of top management at HQ
■ Cost-effective solution
Typical Client Base
Focus: foreign businesses looking to internationalize
■ Public or large private companies• Project management services on an
incubation basis for approximately one year
■ Small to medium private companies• Full suite of services with a typical relationship
being several years
Case Study 1/2
Opportunity■ A large US public company was looking for a European-based logistics solution■ IFG highlighted the advantages of the US company establishing an Irish entity
Project Management■ IFG came on board to manage the project and within weeks the Irish subsidiary was incorporated
Case Study 2/2
Implementation■ Professionally qualified director, company
secretarial services & a registered and business office
Delivery Bank accounts / corporate governance / work
permits / premises / financial reporting & administrative support / employee recruitment / legal and tax advisors / insurance
Ongoing ManagementScale-up Services■ Initial phase
• company formation• professionally qualified director• company secretary
■ OngoingIFG continues to provide: • back office administration• financial reporting• administrative support
Possible Scenarios■ Logistics and sales function
• Internationalization
■ Online hub
■ Corporate HQ
■ Treasury Function
■ Intellectual Property• Migration and Commercialization
FAQs
■ Are we losing some control?
■ Credibility, reliability of partner?
Thank You
