• Press release
    FRANCE, THE BIRTHPLACE OF CINEMA

    In 1895, the Lumière brothers invented the cinematograph. France is home to famous groups such as Pathé and Gaumont, the world’s oldest film company founded in 1895.
  • A HIGHLY INDUSTRIALIZED ECONOMY

    For the last 15 years, France has been Europe’s leading destination for foreign investment in industry (EY, European Attractiveness Survey), attracting 303 industrial investments in 2014. (Business France)

    Production/manufacturing was the leading contributor to employment (11,601 jobs, or 44% of those created by foreign investors) and projects (30%), up 14% from 2013. (Business France 2014 Annual Report).
  • A NATION OF ENTREPRENEURS

    37% of French people would like to create their own business. (Source: Viavoice, October 2014) More than 420,000 companies founded in 2014, including 220,000 under the “autoentrepreneur” status. (INSEE)
  • PAPERLESS CUSTOMS DECLARATIONS

    The French Customs Authorities are committed to simplifying

    processes, making import and export procedures paperless, and reducing processing times and costs: 33 million customs declarations are now completely paperless. A one-stop service ( Guichet Unique National ) is now in operation upon entering or leaving French ports.
  • Press release
    A MOBILE TECHNOLOGY AND ICT POWERHOUSE

    In 2013, companies in France producing goods and services in the ICT sector (information technology, internet services and electronic communications) generated revenues of more than €95 billion. “Software and IT services” was the leading sector for job-creating foreign investment in France, with an average of at least one foreign investment decision every week over the course of the year. (IFA, 2013 Report)
  • Press release
    FRANCE IS ATTRACTIVE

    Seventy-five percent of foreign investors say France is attractive for R&D/innovation investments. France’s attractiveness for inward R&D investment is mainly due its proximity to markets (cited by 77% of respondents) and the quality of R&D personnel (75%). Partnerships with public- sector research laboratories and the proximity of innovation clusters were also cited. (IFA/TNS-Sofres, 2014)
  • Press release
    TELECOMMUNICATIONSNETWORKS AMONG THE BEST IN THE WORLD

    National average broadband download speed of 31 Mbps (Paris: 78.7 Mbps; Palo Alto: 42.7 Mbps)
  • France showed once again in 2014 that it is one of the most attractive investment locations in Europe, prompting 1,014 investment decisions from foreign businesses (including 740 on a like-for-like basis). After three years of stability, the number of job creating foreign investments, as recorded by the ‘Investment’ arm of Business France and its regional economic development partners, rose 8% in 2014. France continues to attract investments in so-called strategic activities: 30% of the investments received in the last year were made in production/manufacturing and 9% in R&D, engineering and design.

    The gentle downward trend, observed in leading western European countries for a number of years, in the number of jobs generated (more than 26,000 jobs were created or maintained in 2014) continued, and may be explained by the rise in the number of projects in high value-added activities that have a smaller direct impact on employment in the short-term. Nevertheless, these very well-qualified positions play a key role in generating spin-off jobs and growth throughout France’s regions.
  • Afirm can choose to develop its business internationally either by exporting or by undertaking foreign direct investment (FDI). These two strategies can be differentiated inter alia by the degree of irrevocable commitment required.

    The predictions of theoretical models emphasize a number of key deciding factors for direct investment and exports. While an export strategy allows a firm to save on the fixed costs of setting up a subsidiary abroad, it must then bear the variable costs that arise from transport and customs duties. Conversely, investment is preferred over exporting when fixed setup costs are low, economies of scale are surmountable, the target market is large, the foreign market is remote (or protected by sizeable trade barriers) and/or production costs in the foreign country are relatively advantageous.
  • ASEAN COMPANIES IN FRANCE

    There are around 100 companies from ASEAN member countries operating in France, employing more than 3,500 people.

    Six new investments from Thailand, Malaysia and Singapore were confirmed in 2014, creating or maintaining 75 jobs.

    These involved decision-making centers (four projects) and production/ manufacturing activities (two projects). Sector-wise, half of all ASEAN investments were in the agri-food, agriculture and fishing sector,

    while the investments were located primarily in Ile de France (Paris region) (50% of projects).
  • GENEROUS RATE

    France’s research tax credit covers 30% of all R&D expenses up to €100 million, and 5% above this threshold. Salaries for research staff are wholly integrated, plus 50% of R&D operating costs and 75% of investments in R&D operations.