The latest news from Twitter is that it plans to open another office for its international interests – and it will be situated in Ireland.
Appropriately enough, news of the new headquarters was released on Twitter itself. The Irish Industrial Development Agency made the announcement, which means Twitter will be set to join a number of other large recognisable companies who have set up business in Ireland. Google and Facebook already have offices in the country, so it is no big surprise that Twitter has chosen to follow them.
However beyond the actual announcement there was little hint of the company’s plans for the HQ. No one has any idea of how many jobs could be created there. The only other thing we know is that the office is set to open in Dublin.
We often hear about the Silicon Valley in the US, but now we are hearing more and more about a Silicon Valley in Ireland as well. This latest move to the country by a social media company will strengthen this vision even more. However many jobs are created by the move, it will certainly be good news for those working in and around Dublin and have the appropriate experience to offer.
One of the main reasons why the Twitter HQ will set down roots in Ireland is the favourable corporation tax rate. At just 12.5%, this is one of the lowest rates of its kind in the whole of Europe. It makes it easier for companies like this to choose Ireland over any other location.