Twitter finds perch in Dublin branch

Social networking site Twitter will be opening an office in Ireland but it will not be the company's new international headquarters.

The official Twitter account of Ireland's Industrial Development Agency (IDA Ireland), the body responsible for attracting and developing foreign investment in the country, announced the new office on Monday.

"Ireland is trending. Twitter to establish international office in Dublin," 'IDAIreland' said in a post on Twitter on Monday.

The company has been expected to reveal the location of its headquarters outside of the US since 2010.

However, contrary to some reports, the new Dublin office will not be the new international headquarters, a spokeswoman for Twitter confirmed.

"The Twitter office in Dublin, our third location outside of the US, is a great next step in the company's global expansion," a spokewoman said. "As our international presence expands, we'll continue to evaluate the need to designate a location for our non-US headquarters."

The company said it had chosen Dublin after considering factors such as "available labour force, proximity to customers, IT infrastructure and related operational expenses".

A number of other technology companies, such as Google and HP, have set up offices in Dublin, which is subject to a considerably lower — 12.5 percent — corporation tax rate than in Britain, which is currently set at around 26 percent.