This index compares EU/EEA/EFTA members for intra-European sourcing decisions. Scores reflect relative risk between member states from a Nordic buyer perspective.
weighted score 2.4 · seven dimensions
Intra-EU/EEA Sourcing Risk
Ireland
Governance, labour enforcement, regulatory gap, transparency, political risk, payment risk and logistics connectivity intelligence for sourcing from Ireland within the EU/EEA.
Governance & rule of law
2
CPI ~77, strong common law system with independent judiciary. Transparent public administration and well-established regulatory agencies.
Labour standards enforcement
2
Active WRC inspection programme. Strong minimum wage transitioning to Living Wage. Some gaps in food processing and fishing sectors.
Regulatory enforcement gap
2
Generally strong enforcement. DPC enforcement against tech multinationals has faced criticism but is improving. Agricultural environmental enforcement under structural pressure.
Supply chain transparency
3
SPV and Section 110 structures can obscure corporate ownership. IFSC-domiciled vehicles require specialist due diligence. RBO operational but complex structures remain challenging.
Political & EU-integration risk
1
Strong pro-EU sentiment. Eurozone member since 1999. Post-Brexit position as only English-speaking eurozone state reinforces EU commitment.
Payment & insolvency risk
2
Reliable payment culture with ~10-12 days average overdue. Modernised insolvency framework post-2008 crisis. A2/AA credit risk rating.
Logistics & Nordic connectivity
5
Atlantic island location, furthest EU member from Nordic markets. 6-8 day surface transit to Helsinki. All routes require sea crossing plus overland transit through UK or continent.
Governance & Rule of Law
Governance & Rule of Law
- TI CPI score
- Ireland scores approximately 77 on the Transparency International CPI (2024). Strong rule of law with an independent judiciary and transparent public administration.
- Common law system
- Ireland uses a common law legal system, distinct from the civil law tradition in most EU member states. This provides strong contract enforcement and precedent-based dispute resolution familiar to Anglo-American business partners.
- Regulatory agencies
- Well-established regulatory agencies including the Central Bank of Ireland, ComReg, and the Competition and Consumer Protection Commission. Regulatory quality is high and predictable.
- Buyer implication
- Governance risk is very low. The common law system provides particularly strong contractual protections and predictable dispute resolution.
Labour Standards Enforcement
Labour Standards Enforcement
- WRC enforcement
- The Workplace Relations Commission (WRC) handles labour standards enforcement, including inspections, complaints, and adjudication. It conducts approximately 5,000-6,000 inspections annually across all sectors.
- Minimum wage
- Ireland has a statutory minimum wage (EUR 13.50/hour in 2025) and is transitioning to a Living Wage model. Strong wage floor reduces low-pay exploitation risk.
- Sectoral compliance
- Labour standards are generally well-enforced. Some concerns persist in hospitality, food processing, and fishing sectors where migrant worker exploitation has been documented.
- Buyer implication
- Labour enforcement is robust for most sectors. Enhanced due diligence is warranted for food processing and fishing supply chains where enforcement gaps have been identified.
Regulatory Enforcement Gap
Regulatory Enforcement Gap
- EU transposition
- Ireland generally transposes EU directives on schedule. The common law system sometimes requires more extensive legislative drafting but implementation quality is high.
- Environmental enforcement
- The Environmental Protection Agency (EPA) is well-resourced and active. Agriculture sector enforcement (particularly dairy/beef intensification) faces some challenges due to the sector's economic and political weight.
- Data protection
- The Data Protection Commission (DPC) has faced criticism for slow enforcement against major tech companies headquartered in Ireland, though recent years have seen increased action and significant fines.
- Buyer implication
- Regulatory enforcement is generally strong. Buyers in agricultural supply chains should note that environmental enforcement in the dairy/beef sector faces structural pressures.
Supply Chain Transparency
Supply Chain Transparency
- SPV and tax structures
- Ireland is a major domicile for multinational corporate structures, including Section 110 special purpose companies and IP holding entities. These structures, while legal, can obscure corporate ownership and profit flows.
- IFSC structures
- The International Financial Services Centre in Dublin hosts thousands of SPVs and structured finance vehicles. Beneficial ownership tracing through these structures requires specialist due diligence.
- Beneficial ownership register
- Ireland maintains a Register of Beneficial Ownership (RBO) for companies and industrial and provident societies. Compliance rates have improved but gaps remain for complex multi-layered structures.
- Corporate disclosure
- The Companies Registration Office (CRO) provides reliable company filings. Listed companies follow EU transparency standards. SME disclosure is adequate for due diligence purposes.
Political & EU-Integration Risk
Political & EU-Integration Risk
- EU membership
- Ireland joined the EU in 1973 and the eurozone in 1999. Strong pro-EU public sentiment. The EU is widely credited with Ireland's economic transformation. No risk of EU policy divergence.
- Political stability
- Stable parliamentary democracy. Coalition governments are increasingly common. Policy continuity on EU integration, trade, and regulatory alignment is strong across the political spectrum.
- Post-Brexit position
- Ireland's position as the only English-speaking eurozone member has attracted significant corporate relocations post-Brexit, reinforcing its EU commitment. The Windsor Framework resolved Northern Ireland protocol concerns.
Payment & Insolvency Risk
Payment & Insolvency Risk
- Payment culture
- Ireland has a generally reliable payment culture. Average payment terms are 30 days, with overdue payments averaging approximately 10-12 days past due. Broadly comparable to other Western European markets.
- Insolvency framework
- Ireland significantly modernised its insolvency framework after the 2008 financial crisis. The Companies (Rescue Process for Small and Micro Companies) Act 2021 added a SCARP process for smaller companies.
- Credit risk rating
- Major trade credit insurers rate Ireland at A2/AA. The post-crisis recovery and current economic strength support low commercial payment risk.
- Buyer implication
- Payment risk is low. The modernised insolvency framework provides clear restructuring pathways. Standard commercial terms are appropriate.
Logistics & Nordic Connectivity
Logistics & Nordic Connectivity
- Island geography
- Ireland is an island on the Atlantic fringe of Europe, geographically distant from Nordic markets. All freight must cross the Irish Sea and then transit through the UK or continental Europe to reach Scandinavia and Finland.
- Port infrastructure
- Dublin Port and Cork handle the majority of Ireland's trade. Post-Brexit, direct ferry routes to continental European ports (Cherbourg, Dunkirk, Zeebrugge) have expanded, avoiding UK transit.
- Transit time to Nordics
- Road/sea freight from Dublin to Helsinki averages 6-8 days, among the longest in the EU. Routes via UK (Holyhead-Liverpool-Hull) or direct to continent then overland through Germany add significant time and cost.
- Air freight
- Dublin and Shannon airports offer air freight capacity, including transatlantic cargo connections. For high-value, time-sensitive goods, air freight partially compensates for the surface logistics disadvantage.