Why Invest in Lisburn Castlereagh City?
Northern Ireland offers inward investors one of the most attractive support packages available in Europe. Working with our partners in Invest NI Investors may be able to take advantage of:
- Revenue grants towards start-up costs, interest relief, factory rental costs, training costs, marketing development costs and R&D. R&D capital spending can be written off against income.
- Pre-employment training grants.
- Finance investment in the share capital of a company and government loans at commercial and concessionary rates.
- Property tax exemptions for manufacturing property.
- Generous depreciation allowances.
The Corporation Tax rate in Northern Ireland is set to fall to 12.5 % by 2018 and will match that of the Republic of Ireland. This has the potential to positively impact the Northern Ireland economy. The benefits will include a surge in new jobs from new foreign direct investment, the expansion of existing businesses and a positive knock-on effect in the economy with increased spending power.
Not only does Lisburn Castlereagh City offer an advantageous location, skilled workforce and a successful track record; Lisburn & Castlereagh City Council can offer a tailored programme of support making the investment transition as smooth as possible.
Businesses wishing to relocate to the Council area or expand their current operations can access the Council’s unique ‘Soft Landing Programme’ providing high calibre support from banks, law firms, estate agents, recruitment agencies, accountants, IT specialists and the local further education college.
This unique programme of incentives and information for prospective companies, delivered by the Council’s Investment Team, form part of Lisburn Castlereagh’s business-friendly welcoming culture and reduces the associated risks for investors. We also offer relocation and property advice and encourage investors to visit to our area and take a closer look at the opportunities that exist.
With over half a million square foot of new city centre developments and a number of prime sites that have been earmarked for new hotel, retail and office development, there has never been a better time to invest in Lisburn Castlereagh City.
We listen, We deliver
Following the local government reform in April 2015, Lisburn & Castlereagh City Council obtained increased planning and economic development powers. We are utilising these powers to the best of our ability to bring development and prosperity to our local economy.
We work in partnership with all local authorities to deliver a community plan for our area. This means helping the people of the area shape their City.
Lisburn & Castlereagh City Council is responsible for preparing a new Local Development Plan to guide future development across the Council area up to 2030. This will provide a 15 year plan framework to support economic and social needs in the area, in line with regional strategies and policies, while providing the delivery of sustainable development.
The Local Development Plan provides a statutory link with the Council’s Community Plan, and will include a spatial land use reflection of the Community Plan providing a vision of how places should change and what they will be like in the future.