The holding company for Belgian-controlled games studio Larian, which runs its revenue through its Dublin arm, posted a €249m pre-tax profit last year as the major success of its Baldur’s Gate 3 title supercharged its sales.
It’s an Irish site and so they probably want to market this as a success for Ireland and not necessarily that a Belgium-based studio is just using their Ireland branch office for special tax status.
It’s not just a shell company though, as the article highlights they do have their own development staff there.
It’s an Irish site and so they probably want to market this as a success for Ireland and not necessarily that a Belgium-based studio is just using their Ireland branch office for special tax status.
It’s not just a shell company though, as the article highlights they do have their own development staff there.
They need some staff there to get the the tax benefits lol
Ireland really positioned themselves well for this. Megacorps love it!
Well all pay for it though
Doesn’t necessarily need to be development staff, though. They could have just as easily set it up as their HR office with just a couple employees.