Use InvestFrance to Find out about Top Reasons to Invest in France
Follow InvestFrance.com guide to investing in France and you will soon discover how easy and wise it is to invest in this stable European county. On this page InvestFrance has some useful information of the French economy's advantages to help you see what this country has to offer. Keep in mind that this data is only the tip of the iceberg and futher research is needed to understand France's finance, economical strength and the advantages it gives to foreign investors.
Why is France such a Wise Choice for Forign Investors?
Being the world's 5th economic power and one of the most open countries, France is definitely one of the top host countries of foreign investment for years. For nearly every overseas onlooker, France is primarily perfumes, cosmetics, the finest wines and gourmet food. Now, don't get us wrong, all of the above are valuable exports, but so are Renault, Peugeot and Citroën cars. Despite the fact that e-businesses are growing drastically, France's long-established power lies in engineering and transportation and hardly anyone would disagree with the fact that TGV trains are one of the world's best. In addition, above 150 North American pharmaceutical as well as biotech and companies are now active in France, including Amgen, Abbott Labs, Baxter and Quintiles. So you would imagine that French development agencies are greatly optimistic as for the advantages of choosing the France as a European base. DATAR-IFA, the main government agency, gives seven reasons for investing in France:
Why You Should Invest in France?
- France is being a big market in central Europe.
- France is an open territory.
- France can offer its investors an established pro-business ground.
- French financial markets are appealing and competitive.
- French labor force is tremendously creative.
- France is one of the countries that actually lead science and technology advances.
- France is known for important values such as: excellence, steadfastness and efficiency.
France is the largest country in Western Europe with a land area of 550,000 square kilometers. It situates at the crossroads of Western and Central Europe, Scandinavia and the Mediterranean basin. Furthermore, France is the only country with both direct link as well as a border with the six largest European markets: Germany, France, Spain and Benelux (Belgium, Luxembourg and the Netherlands). It provides its investors with industrial huge open spaces, numerous lightly populated areas, while land prices are still tempting. France's market has about 60 million consumers whose purchasing power per head is one of the highest in whole Europe. On top of that, France's strategic geographical position provides access to approximately 400 million European consumers.
France's Grants & Subsidies - Find Investor Assistance in France
The French government stated objective of attracting in-house investments which is confirmed by broad incentive plans. For example: in order to attract investors to less wealthy regions, financial subsidies and tax benefits are being offered at local, regional, and national levels. Entitlements for acquiring grants and subsidies are equal for both French and foreign investors.
Companies locating in particular areas of towns and cities situated in certain parts of the country can be let off from five years of tax on company profits. Activities that qualify for tax benefits include manufacturing, commercial and crafts-orientated productions. New investors from North America, for instance, can go through regional development boards and get assistance in setting up, funding and getting started. On top of that, a project manager is being selected for each investment project, while his job is to ensure the venture is building up as proficiently and efficiently as possible.
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