Ireland’s Startup Entrepreneur Programme (STEP) offers a pathway for non-EEA entrepreneurs to establish innovative businesses in Ireland. Combined with Ireland’s favorable corporate tax regime and access to the EU market, this programme has attracted entrepreneurs from around the world.
This guide covers the STEP programme requirements, tax benefits, and what you need to know in 2026.
What Is the Startup Entrepreneur Programme?
STEP is an immigration programme that allows non-EEA entrepreneurs to establish and operate a startup in Ireland. It is designed for innovative businesses with the potential to create jobs and generate revenue of at least €1 million within three to four years.
Eligibility Requirements
To qualify for STEP, your business must meet the following criteria:
- Be a limited liability company incorporated in Ireland
- Be less than 10 years old (for new applications)
- Be innovative and have the potential to scale internationally
- Have the potential to create 10 jobs and generate €1 million in revenue within three to four years
- Be backed by funding of at least €50,000 from a reputable source
Eligible Sectors
STEP is open to businesses in the following sectors:
- ICT (Information and Communication Technology)
- Life sciences and healthcare
- Engineering and industrial innovation
- Financial services (fintech)
- Other innovative sectors may be considered on a case-by-case basis
Ineligible Sectors
The following sectors are not eligible:
- Retail and hospitality
- Real estate and construction
- Professional services (consulting, legal, accounting)
- Franchise operations
Application Process
Step 1: Prepare Your Business Plan
Your business plan must demonstrate innovation, scalability, and the potential for job creation and revenue generation. It should include detailed financial projections and a clear go-to-market strategy.
Step 2: Secure Funding
You must demonstrate access to at least €50,000 in funding. This can come from personal savings, angel investors, venture capital, or government grants.
Step 3: Submit Application
Submit your application to the Irish Naturalisation and Immigration Service (INIS), including your business plan, proof of funding, and supporting documentation.
Step 4: Evaluation
Your application will be evaluated by a panel of experts from Enterprise Ireland and the Department of Justice. The evaluation focuses on the innovation, viability, and economic potential of your business.
Step 5: Approval and Visa
If approved, you will receive permission to enter Ireland and establish your business. The initial permission is valid for two years, with the possibility of renewal for an additional three years.
Tax Benefits for STEP Participants
Corporate Tax Rate
Ireland’s corporate tax rate of 12.5% on trading income is one of the lowest in the EU. This rate applies to profits from active business operations, making it highly attractive for startups.
R&D Tax Credit
Ireland offers a 25% R&D tax credit on qualifying expenditure, in addition to the standard deduction. This effectively reduces the cost of R&D by more than a third.
Knowledge Development Box
Ireland’s Knowledge Development Box (KDB) offers a reduced effective tax rate of 6.25% on income derived from qualifying intellectual property, including patents and copyrighted software.
Employer PRSI Relief
Startups may benefit from employer PRSI (social insurance) relief for the first year of employment for new hires, reducing the cost of building a team.
Personal Tax Considerations
Income Tax
As a STEP participant residing in Ireland, you will be subject to Irish income tax:
- Standard rate band: €42,000 (2026) taxed at 20%
- Income above €42,000: taxed at 40%
- Universal Social Charge (USC): up to 8%
- PRSI: 4%
Remittance Basis for Non-Doms
If you are not domiciled in Ireland, you may benefit from the remittance basis of taxation, where only Irish-source income and foreign income remitted to Ireland is taxed. This can be a significant advantage for entrepreneurs with international income streams.
Support and Resources
Enterprise Ireland
Enterprise Ireland provides support to high-potential startups, including mentoring, funding, and access to networks. STEP participants may be eligible for Enterprise Ireland’s High Potential Start-Up (HPSU) programme.
Local Enterprise Offices
Local Enterprise Offices (LEOs) provide support to startups at the local level, including training, mentoring, and financial assistance.
Frequently Asked Questions
Can I bring my family to Ireland on STEP?
Yes. Your spouse and dependent children can join you in Ireland. They may be eligible for work and study permissions.
What happens after the initial two-year period?
If your business is progressing well, you can apply for a three-year renewal. After five years, you may be eligible to apply for long-term residency.
Can I apply for STEP if I am already in Ireland on another visa?
Yes. You can apply for STEP from within Ireland if you are on a valid visa or permission to remain.
Key Takeaways
Ireland’s STEP programme offers a clear pathway for non-EEA entrepreneurs to establish innovative businesses in one of Europe’s most business-friendly jurisdictions. The combination of a 12.5% corporate tax rate, R&D incentives, and access to the EU market makes Ireland an attractive destination for startups.
Disclaimer: This article is for informational purposes only and does not constitute professional immigration or tax advice. Laws and requirements change frequently. Consult a qualified professional for guidance specific to your situation.