10 good reasons to invest in France:
- To invest at the heart of the world’s largest market
- France alone is a market of over 65 million consumers, making it the 2nd largest in Europe and the world’s sixth largest economy.
- France alone is a market of over 65 million consumers, making it the 2nd largest in Europe and the world’s sixth largest economy.
- To avail of effective, high-level infrastructures
- France has the largest road network and the 2nd largest high-speed rail networkin Europe.
- It is the largest recipient of foreign direct investment (FDI) in logistics in Europe and is home to the 2nd busiest European airport(cargo and passengers): Roissy-Charles-de-Gaulle.
- To have a productive and dynamic workforce
- France ranks 6th in the worldfor hourly labour productivity in 2015 (€45.6 per hour worked compared with €37.3 in the eurozone).
- It has a highly-qualified workforce: in 2013, 44% of 30-34year olds were higher-education graduates.
- To take advantage of low set-up costs
- Set-up and operating costs are lower in France than in the United States, Germany and Japan.
- Furthermore, renting office space in the Paris business centre is half the cost of the same space in London’s West End (€875/m²/year as opposed to €1,978/m²/year).
- Creating a company in France costs less than 1% of average per capita income, compared to an average of 9% in the G20 countries.
- To invest in an innovative economy which supports innovation
- The world’s largest incubator is in France: the Halle Freyssinet hosts 1,000 innovative start-upsin Paris.
- Furthermore, research tax credit (CIR) is open to all companies. No less than 20,441 companiesreceived it in 2012.
- €47 billionwas mobilized for the future investments programme (PIA) and the French Very-High-Speed Broadband Plan.
- To operate in a major financial centre
- Euronext Paris is the world’s 7th-largest financial centre, the 3rd largest in Europe for company bonds, 5th in the world for transactions in yuans and 3rd largest in Europe for the management of financial assets.
- Euronext Paris is the world’s 7th-largest financial centre, the 3rd largest in Europe for company bonds, 5th in the world for transactions in yuans and 3rd largest in Europe for the management of financial assets.
- To enjoy a renowed quality of life
- France is an attractive destination for professionals (Paris is the world’s number one destination for business conferences), students (world’s 3rd most popular destination) and tourists (world’s number one destination).
- France is an attractive destination for professionals (Paris is the world’s number one destination for business conferences), students (world’s 3rd most popular destination) and tourists (world’s number one destination).
- To take advantage of highly competitive production costs
- The Competitiveness and Employment Tax Credit (CICE) and the Responsibility and Solidarity Pact together make up a €40 billion reduction in production costs for companies: this is equivalent to almost 2% of GDP which will support activity and enable 500,000 jobs to be created by 2020.
- The Competitiveness and Employment Tax Credit (CICE) and the Responsibility and Solidarity Pact together make up a €40 billion reduction in production costs for companies: this is equivalent to almost 2% of GDP which will support activity and enable 500,000 jobs to be created by 2020.
- To benefit from simplified administrative procedures
- France is the European leader in terms of e-administration and is fourth in the global ranking based on three criteria: on-line services offered by the government, telecommunications infrastructures and its population’s level of education.
- The act on the simplification of running companies, which was passed in December 2014, enabled companies and users to make savings of €3.3 billionin 2013-2014.
- To take advantage of facilitated reception and set-up for managers and employees
- France has signed tax conventions with over 120 countries(avoidance of double taxation). It has also provided companies with a single contact for tax matters (Tax4Business) and adapted residence permits (Talents Passport, created in 2015).
- A grant and a support mechanism for innovative entrepreneurs were also set up, known as the French Tech ticket.