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.
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.
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.
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.
- Company Secretarial.
- Business Outsourcing.
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.
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
- 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 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.
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.
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.
At Crowleys DFK, we specialise in first round funding, strategic outsourcing partnerships and corporate infrastructure. Our international reach through DFK means that we can offer local advice supported by a broader knowledge of international financial reporting.
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
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.
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.
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.
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.
Retail & Distribution
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.
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. We work with clients in the pub, restaurant, hotel and bed & breakfast, night club and tourist transport business.