Department of Finance EII event

Mar 15, 2021

Following recent submissions on the Employment Investment Incentive (EII), the Minister for Finance, Paschal Donohoe TD, announced this morning that the Department of Finance will be hosting a webinar event to allow for further direct engagement with stakeholders. The event is scheduled to take place over three two-hour sessions on the afternoon of Tuesday, 30 March and morning and afternoon of Wednesday, 31 March.

The sessions will cover:

Session 1 (Tuesday 30th March pm)

Discussion on broadening eligible funds from Irrevocable Trusts/Designated Investment Funds to include other relevant regulated fund structures

Session 2 (Wednesday 31st March am)

Discussion on how best to ensure Renewable Energy Support Scheme (RESS) might benefit from EII (plus associated issues).

Session 3 (Wednesday 31st March pm)

General discussion covering the following:

(i) How EII might respond to the changing environment in which it operates, including providing assistance to start-ups and young firms as they seek to emerge from the impact of Covid-19.

(ii) Any other matters considered relevant.

Places for the event may be limited, individuals and businesses who made a submission to the consultation process will be contacted with further information regarding registering for the event. Other interested parties should contact the Department of Finance at EIIconsultation@finance.gov.ie and request to be added to the event mailing list.

Further information on the event can be found in the Department of Finance press release.