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Accenture and TBS have hailed Ireland's "sophisticated" and "well developed" legal and regulatory environment as key factors in their decision to relocate business here. AccentureAccenture announced earlier this year that its Board of Directors had unanimously approved changing the company's place of incorporation to Ireland from Bermuda. Accenture's shareholders will be asked to vote in favor of the proposed Irish company formation move, at shareholder meetings expected to be held shortly. William D. Green, Accenture's chairman and CEO, said, "After a careful review, our Board of Directors has determined that changing our place of incorporation to Ireland is in the best interests of Accenture and our shareholders. We believe that company incorporation Ireland will provide Accenture with economic benefits and help ensure our continued global competitiveness. "A member of the European Union, Ireland offers a sophisticated, well developed corporate, legal and regulatory environment. It also has a long history of international investment and long established commercial relationships, trade agreements and tax treaties with European Union member states, the United States and other countries around the world where Accenture does business. In addition, company incorporation Ireland offers a stable political and economic environment and has the financial and legal infrastructure to meet Accenture's needs, both today and in the future. " Accenture has offices in 52 countries and serves clients in more than 120 countries around the world. Ireland is part of the company's largest geographic region, Europe/Middle East/Africa EMEA, which accounts for nearly half of Accenture's total net revenues, is home to many of the company's largest clients and represents a significant business opportunity for the company.