PRESENTATION OF JURISDICTION
Ireland is a large island situated on the west of Great Britain with territory of 84,079 square kilometers. The population of the country is almost 4.6 million people. Ireland has a favorable geopolitical position, because it is located between Northern Europe and North America. Ireland is part of the EU and is a member of NATO. Ireland is a very attractive country for investment due to the corporate tax rate, the absence of fine capitalization rules, the regime of foreign controlled companies and a wide network of tax agreements.
The political and legal system of Ireland is represented by a stable parliamentary democracy. There is political pluralism in Ireland. The Constitution is the highest normative legal act. According to the Constitution, the country is headed by the president.
Legislative power is exercised by a bicameral parliament, including the President, the Senate and the House of Representatives. The term of office of the parliament and the President is 7 years. The government, headed by the Prime Minister, exercises executive power. His candidacy is proposed by the House of Representatives, but appointed by the President of the country. The Government is responsible for its activities before the House of Representatives.
The highest judicial body is the Supreme Court, courts of appeal are represented by higher courts. At the local level, district courts operate as courts of first instance. The lowest level of the judicial system is the district and precinct courts. The legal system of Ireland refers to English common law. Irish legislation is not codified. The judicial system is characterized by the use of case law, which includes decisions of the highest judicial instances.