Foreign Direct Investment

According to Forbes, Ireland is one of the best countries in the world for ease of doing business. A pro-business environment coupled with an educated talent pool creates a welcome platform for high-performing companies.

At Crowleys DFK, we have a wealth of experience advising and working with international organisations locating to Ireland and Irish companies expanding to international markets. We are proud of the reputation and long term relationships we have built with our Foreign Direct Investment clients over the years. They represent a diverse range of today’s most innovative and high-performing industries and sectors, including the SME sector, information and communications technology, e-commerce, life sciences, manufacturing and consumer products. We have particular experience working with FDI clients in the SME and family-owned business sectors.

Our experienced team will advise you on how best to structure your Irish operations. We will work with you in securing Government funding and on dealing with your tax and company obligations. Once you are set up, we can provide you with the full range of professional services required to run your Irish branch.

The firm has a nationwide presence in Ireland and international reach through DFK International. This means that we can offer local advice supported by a broader knowledge of international financial reporting. Our clients say that this gives them a ‘joined up’ service.

We offer the following services:

  • Initial work to get your company setup
  • Tax planning & advisory services
  • Statutory compliance services
  • Accounting services & outsourcing

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Contact a Foreign Direct Investment Specialist today:

Eddie Murphy

Eddie Murphy

Head of Tax Services

What Our Clients Say:

The Crowleys DFK team have come to feel like an integral extension of our own team. We not only enjoy working with them but we also look forward to every engagement with them. They have enabled us to grow and to become better versions of who we are as a business on a daily basis. We learn from them continually and we look forward to growing the partnership for many years to come.

Claire HaidarCEO, Wndyr

There is great comfort in working with Crowleys DFK. I can carry on with managing the business here in Ireland in the knowledge that all our accounting and financial processes are running efficiently and effectively. The people are professional and have a confident way of dealing with our team.

John MallonManaging Director, MAHA Ireland Ltd

Small & Medium Enterprises

There are approximately 200,000 SMEs trading in Ireland.  They are at the heart of our economy.  We understand the challenges faced by owner-managed businesses.  Our SME clients tell us that we understand their work pressures and are sensitive to asking for information around busy times for example month ends.

This understanding is gained from our personal approach with clients.  We educate ourselves about the running of the business first. Then we tailor our services and delivery to match.  We let you run the cogs of your business whilst also making sure they are well oiled.

Our SME services include:

  • Management and Financial Accounting.
  • Management Reporting.
  • Specialist Accounting Systems.
  • VAT and PAYE – including ‘health checks’.
  • Corporate and Personal Taxation Planning.
  • Business Plans, – Cash Flow, Forecasting and Budgetary Controls.
  • Sourcing Finance.
  • Capital Allowances.
  • Business Valuations.
  • Succession Planning.
  • Audit.
  • Payroll.
  • Company Secretarial.
  • Business Outsourcing.

Contact a Small & Medium Enterprises’ Specialist today:

Colette Nagle

Colette Nagle

Partner | Advisory Services
Harry O’Sullivan

Harry O’Sullivan

Partner | Audit & Assurance

Public Sector

Widely regarded as one of the leaders in this sector, we have extensive experience working with public sector organisations. We understand their particular needs in dealing with special regulations and reporting requirements.

Acting for over 85 government agencies ranging from central government, semi state agencies, publicly funded organisations, not-for-profit entities and quasi-autonomous national non-governmental organisations.

Our multi-skilled Public Sector Department can provide a full range of expert and value added services ranging from accounting, compliance and risk governance to strategic financial advice.

Contact a Public Sector Specialist today:

Vincent Teo

Partner
Head of Public Sector Services

Vincent Teo

Vincent Teo

Head of Public Sector Services
David Coombes

David Coombes

Partner | Public Sector Services

Financial Services

The financial services industry worldwide has undergone perhaps one of the most turbulent and wide reaching upheavals in recent times. In response to the financial crisis of 2008, many Central Banks around the world have created a range of legislative and regulatory reforms. These are designed to ensure financial stability, consumer & investor protection and avoid past failures arising again.

At Crowleys DFK, we understand the many challenges faced by organisations within this industry as they attempt to keep up to date and respond to the ever growing and changing legislative and regulatory requirements.

Our multi-disciplinary financial services team have the sector knowledge and experience to provide independent and objective specialist support and advice to organisations across the sector including:

  • MiFID Investment Firms
  • Payment Institutions
  • Investment Intermediaries/Brokers
  • Credit Unions
  • Funds
  • Fund Administration Services Providers

The global reach of the DFK International network means that we can provide our clients with an integrated and robust global service for international engagements.

We offer the following services:

  • Central Bank authorisation process
  • Compliance and regulatory services
  • Risk management
  • Internal audit
  • Independent audits e.g. AML function, client asset examinations
  • Regulatory reporting services
  • Preparing organisations for Central Bank inspections
  • Statutory audit
  • Tax compliance
  • Tax advisory
  • Accounting & financial reporting
  • Management reporting
  • Staff training – Compliance, Data Protection, AML, Risk Management

Contact a Financial Services’ Specialist today:

Tony Cooney

Partner
Governance, Risk & Compliance

Pamela Nodwell

Manager
Governance, Risk & Compliance

Tony Cooney

Tony Cooney

Partner | Governance, Risk & Compliance
Pamela Nodwell

Pamela Nodwell

Manager | Governance, Risk & Compliance

Healthcare

We have extensive experience advising and working with healthcare organisations and professionals. We understand the challenges facing this industry including complex accounting rules, changing regulations, cost management and access to capital.

Our client portfolio includes general practitioners, practising specialists, dentists, pharmacists and opticians. We have particular experience advising retail pharmacies nationwide. We also work extensively with private sector providers and other not-for-profit organisations involved in delivering health and social care.

Contact a Healthcare Specialist today:

Tony Cooney

Partner
Governance, Risk & Compliance

Tony Cooney

Tony Cooney

Partner | Governance, Risk & Compliance

Credit Union Sector

Irish credit unions have emerged from a period of great turmoil and change in recent years.  This transition has been and in some cases continues to be a painful experience for many credit unions.

The twin challenges of falling loan books and decreasing investment returns, coupled with increased regulatory and compliance obligations mean that more than ever, credit unions require trusted expert advisors to assist them in meeting these challenges.

With over 25 years experience advising the credit union sector, we offer credit unions specialist support, advisory and consultancy services that are tailored to their specific needs.

Our dedicated credit union team has developed an in-depth knowledge and understanding of the sector.  In this changed regulatory and economic environment, we are intimately familiar with the various challenges and legislative requirements that credit unions face.

We have proven experience assisting credit unions to cope with the obligations arising from the Credit Union and Co-operation with Overseas Regulators Act 2012.  This includes assisting in the implementation of strategic plans, managing stakeholders’ expectations, and developing and maintaining governance frameworks and control processes optimised for risk mitigation and cost efficiency.

We provide the following services:

  • Statutory audit
  • Internal audit
  • Risk management
  • Compliance services
  • Loan book reviews
  • Investment portfolio reviews
  • Governance reviews
  • Fixed asset reviews
  • Transfers of undertakings accounting advice
  • Financial accounting advisory services
  • General business advice
  • Book-keeping advice
  • Management accounting
  • Preparation and filing of returns to Central Bank
  • Staff training
  • Outsourced payroll

Contact a Credit Union Sector Specialist today:

Tony Cooney

Partner
Governance, Risk & Compliance

Tony Cooney

Tony Cooney

Partner | Governance, Risk & Compliance

What Our Clients Say:

“The people at Crowleys DFK are very knowledgeable about what is required for organisations like ours. They understand the workings of the Credit Union Sector.”

Alan WhelanAn Post Employees’ Credit Union

Technology

Technology is a fast-paced, dynamic industry experiencing rapid growth. Ireland is home to 8 of the top 10 tech companies in the world. Our educated talent pool, R&D incentives and low corporate tax rate make Ireland an attractive place to do business for fast-paced companies.  Similarly, our home grown tech entrepreneurs understand the value these benefits can bring.

Crowleys DFK provide the full range of accounting and business advisory services required for technology companies to achieve sustained growth. We specialise in first round funding, strategic outsourcing partnerships and corporate infrastructure. We work with start-ups to large multinational technology companies.

Our international reach through DFK International means that we can offer local advice supported by a broader knowledge of international financial reporting. This is key to the success of growing technology companies.

We offer the following services:

  • Financial strategy advices
    • Investment by domestic/international shareholders
    • Funding requirements
    • Provision of financial information for investor/joint venture negotiations
  • Tax planning and corporate structuring advices
    • Valuations, disposals and licensing of intellectual property rights
    • Outsourced procurement
    • Outsourced payroll
    • Changes in ownership/new funding rounds
    • The most effective use of capital investment received
    • R&D tax credits available
  • Project financial modelling
    • Business plans and financial projections including profit & loss, balance sheet and cashflows
    • Financial models and reports to reflect financial strategies
    • Valuation and financial due diligence of potential investments/joint ventures.

Contact a Technology Specialist today:

Eddie Murphy

Eddie Murphy

Head of Tax Services
Shane Moloney

Shane Moloney

Director | Advisory Services

What Our Clients Say:

“In addition to internal audit services, there is a high level of knowledge and expertise within Crowleys DFK from which we can draw, particularly in the areas of taxation and company secretarial. Core strengths of the firm are its extensive public sector experience and ability to understand the workings of organisations operating in this sector.”

Michael McDermottFinance Director, The Digital Hub

Not-for-Profit

Operating in a challenging financial and legislative environment, not-for-profits must make efficient use of their available resources. At Crowleys DFK, we help organisations and charities of all sizes develop innovative solutions in response to the challenges they face and to achieve best practice.

Our team draws together expertise from various disciplines throughout the firm to provide not-for-profit organisations with strategic and operational advice and assistance. We maintain regular contact and help develop financially efficient organisations without losing sight of their objectives. Our team assists not-for-profit organisations in meeting the requirements of the Charities Regulatory Authority and in transition to Charities SORP (FRS 102).

Crowleys DFK can assist your not-for-profit organisation with a range of issues including:

  • Funding applications
  • Tax & VAT planning
  • Charitable tax exemption
  • Tax-efficient fundraising
  • Financial management and systems
  • Internal audit
  • Charities SORP (FRS 102)
  • Risk reviews and assurance
  • Corporate governance for not-for-profits
  • External audit and independent examination of annual accounts
  • Payroll bureau service
  • Strategic planning and mergers
  • Cash flow management
  • Preparation of budgets and projections
  • Investment of funds
  • Accounts preparation

Contact a Not-for-Profit Specialist today:

Tony Cooney

Partner
Governance, Risk & Compliance

Tony Cooney

Tony Cooney

Partner | Governance, Risk & Compliance

Ireland Asia Cross Border Investment

To support inbound and outbound investment between Ireland and Asia, Crowleys DFK has set up its Ireland Asia Division. Our Ireland Asia team comprises of highly qualified and multi-skilled staff with a strong international background. They have the language and culture skills to support the cross border business requirements of Asian businesses investing in Ireland and local clients expanding into the Asian market.

Combining their language and professional skills with a deep understanding of the Asian culture, our team can provide a full range of expert and value added services ranging from international tax planning, financial reporting, financial management, risk, corporate governance and financial shared services. Our team can assist you on building/expanding routes into the South East Asia markets.

Our services include sourcing business communications channels, representative office set up, market research, and local knowledge on tax and investment incentives, among others.

The Ireland Asia team is led by Vincent Teo. Vincent is the current Chairman of the Ireland Malaysia Association, which acts as a commercial platform to promote bi-lateral business ties between Ireland and Malaysia.

The firm is a member of DFK International, an association of independent accounting firms from around the world. This includes offices in Malaysia, Hong Kong, Singapore, Kuala Lumpur, Beijing, London and New York among many others.

Our Ireland Asia service is a unique offering of professional expertise combined with strong language and communication skills.

Contact an Ireland Asia Cross Border Investment Specialist today:

Vincent Teo

Partner
Head of Public Sector Services

Vincent Teo

Vincent Teo

Head of Public Sector Services

Legal & Professional Services

We have a wealth of experience advising and working with legal & other professional services firms.

With the recent expansion of the Law Society of Ireland’s monitoring team, all firms can now expect monitoring visits more frequently. Our work procedures are not merely designed to produce an accountants report but also provide assistance in ensuring your records are of the required standard. We have designed our work programmes to provide a cost effective service with the minimum amount of disruption to your business.

The talented people in our tax department can provide your practice with non-competitive support across a range of tax heads including Capital Taxes, VAT on Property and Revenue Audits. We have developed successful service partnerships with a number of local and overseas legal practices, other accountancy practices and overseas specialist VAT companies.

Our highly skilled specialists provide strategic and practical advice to help clients meet their compliance and regulatory obligations and business objectives.

  • Preparation and submission of Accountants Reports to the Law Society
  • Conducting health checks in advance of Law Society visit
  • Preparation of management accounts
  • Preparation of annual financial statements
  • Tax compliance and planning advice including personal tax, partnership tax and succession planning
  • Non competitive tax support
    • VAT on Property
    • Capital Taxes (CAT,CGT)
    • Revenue Audits
  • Outsourced payroll
  • Outsourced accounting
  • Guidance on a wide range of IT development issues
  • Practical advice in terms of your accounting and business systems

Contact a Legal & Professional Services’ Specialist today:

Colette Nagle

Colette Nagle

Partner | Advisory Services

Property & Construction

We have extensive experience working with clients in all areas of the property and construction industry, including property development, property management, construction and civil engineering builders, funding and investment and professional services.

We understand the challenges faced by the industry. Our multi-disciplinary property and construction specialists have the collective knowledge and experience in audit and accounting, tax, risk advisory and corporate finance to provide you with strategic and practical advice.

We maintain regular contact with our clients and help them to manage risk and develop financially efficient businesses without losing sight of their long term objectives.

Our service offering includes the following: 

  • Management reporting including project accounting
  • Tax planning and compliance
  • VAT planning
  • Business plans, cash flow, forecasting and budgetary controls
  • Sourcing Finance
  • Identifying new markets and international expansion
  • Corporate Finance
  • Audit and accounting issues
  • Shareholder issues
  • Succession planning
  • Company secretarial
  • Capital allowances

Contact a Property & Construction Specialist today:

James O’Connor

James O’Connor

Head of Advisory Services

Food & Agribusiness

The food and agribusiness sector is the largest and highest performing indigenous industry in Ireland. It is exporting to over 150 countries globally every year.

Crowleys DFK advises food manufacturers and distributors operating in this important economic sector. We understand the challenges they face to produce competitively priced, quality products in a highly competitive market.

Clients include large scale food exporters and members of the farming community. Our work centres on tax and advisory services. We also provide tailored advice in relation to EU grant applications, regulatory obligations and expansion into new markets.

Our service offering includes the following:

  • Assist with the establishment of operations in many jurisdictions
  • Advice on international tax structures in conjunction with our DFK colleagues worldwide
  • Robust management accounting procedures to monitor margins, volumes and cash flows
  • Provide funding and business strategy advice to start-up agri-tech companies
  • Due diligence and valuation of brands

Retail & Distribution

We have extensive experience advising clients in all aspects of the retail and distribution industry, including wholesale, retail, and consumer, transport and logistics businesses.

Our multi-disciplinary retail and distribution specialists have the collective knowledge and experience in audit and accounting, tax, risk advisory and corporate finance to provide the strategic, practical and industry-focused advice you require.

We tailor our service to your particular requirements to help you address the issues affecting your business. Through a partner-led service we maintain regular contact with our clients and help them to develop financially efficient businesses.

Our service offering includes the following:

  • Management reporting
  • Cash and stock control
  • Effective and efficient asset and business finance
  • Capital allowances
  • Business valuations
  • Risk management
  • Business plans, cash flow, forecasting and budgetary controls
  • Management and financial accounting
  • Specialist accounting systems
  • VAT and PAYE – including ‘health checks’
  • Corporate and personal taxation planning and compliance
  • Succession planning
  • Sourcing finance
  • Audit, internal audit and corporate governance
  • Acquisitions, mergers and disposals
  • Company secretarial
  • Tax investigations

Contact a Retail & Distribution Specialist today:

Colette Nagle

Colette Nagle

Partner | Advisory Services

Tourism & Hospitality

At Crowleys DFK we have been working with clients in the tourism & hospitality sector for over 30 years. Particular issues that affect the industry are management reporting, raising finance, cash and stock control.

Our understanding of these issues is key to our delivery of services to tourism & hospitality businesses. Our specialists combine their skills and experience in assurance, advisory and tax with a deep knowledge of the industry to provide the strategic and practical advice you require. We adopt a flexible and pragmatic approach, tailoring our service to the particular requirements of individual clients.

We work with clients in the pub, restaurant, hotel and bed & breakfast, night club and tourist transport business.

At Crowleys DFK, we have the collective knowledge and experience to help and give you a clear perspective on how to move forward.

Our service offering includes the following:

  • Business plans, cash flow, forecasting and budgetary controls
  • Management and financial accounting
  • Specialist accounting systems
  • VAT and PAYE – including ‘health checks’
  • Corporate and personal taxation planning and compliance
  • Company secretarial
  • Succession planning
  • Sourcing finance
  • Effective and efficient asset and business finance
  • Business valuations
  • Audit
  • Risk management
  • Acquisitions, mergers and disposals
  • Tax investigation

Contact a Tourism & Hospitality Specialist today:

Colette Nagle

Colette Nagle

Partner | Advisory Services