WHY INVEST IN FRANCE ? KEY INFO IN 10 POINTS

WHY INVEST IN FRANCE ?

A COUNTRY AT THE HEART OF THE EU SINGLE MARKET AND A GATEWAY TO THE EMEA

KEY INFO IN 10 POINTS

1/ A GLOBAL ECONOMIC POWER

France is the second largest economy in the European Union
(IMF, 2014), the sixth largest exporter of goods and the fourth
largest exporter of services. (WTO, 2013)
Thirty-one French companies are among the world’s leading
500. (Fortune Global 500, 2014)

2/ A COUNTRY OPEN TO INWARD INVESTMENT

France is Europe’s leading recipient of foreign investment
in industry. (EY, 2014)
It is also the world’s fourth largest recipient of cumulative FDI
stock, and the second largest in Europe. (UNCTAD, 2014)

3/ ONE OF EUROPE’S LARGEST
MARKETS

France is the second largest market in Europe, with more
than 65 million inhabitants. It also has Europe’s second
highest fertility rate. (Eurostat, 2014)

4/ EXCELLENT CONNECTIONS
THROUGHOUT EUROPE AND
WORLDWIDE

France has Europe’s largest road network (Eurostat, 2014)
and is also renowned for its airports : Paris-Charles de Gaulle
is ranked second by passenger numbers and first for cargo in
Europe. (Airports Council International, 2013)
It also boasts Europe’s second largest high-speed rail
network, while in 2013 the Port of Marseille was ranked sixth
and the Port of Le Havre eighth in Europe by tonnage.
(Port of Rotterdam Authority, 2014)

5/ COMPETITIVE LABOR COSTS

Average costs per employee (wages, salaries and statutory
costs) are lower in France than in Japan, the United States
and Germany. Similarly, business setup and operating costs
are lower in France than in Italy, Japan, the United States and
Germany. (KPMG, Competitive Alternatives, 2014)
“Hourly labor costs in France in industry have once again
fallen below those in Germany”
(Emmanuel Macron, November 17, 2014)

6/ A HIGHLY QUALIFIED, HIGHLY
PRODUCTIVE WORKFORCE

France invests more in its education system (over 6% of GDP)
than many other European countries, such as Germany, Italy
and Spain. (OECD, Education at a Glance, 2014)
France is ranked sixth in the world for hourly labor
productivity, ahead of Germany (7th) and the United Kingdom
(13th). (Conference Board, 2014)

7/ TAX MEASURES TO FOSTER
COMPETITIVENESS

The competitiveness and employment tax credit (CICE) is reducing
labor costs by 6% in 2015, amounting to €20 billion in annual
savings for companies. This tax credit is calculated in proportion to
the company’s gross payroll costs, excluding all salaries greater
than 2.5 times the national minimum wage (SMIC).
France’s research tax credit is the most attractive tax incentive
program of its kind in Europe : a tax break amounting to 30% of
annual R&D expenses, up to €100 million, and 5% above this
threshold.

8/ A COUNTRY PRIORITIZING R&D
AND INNOVATION

France is ranked sixth in the world for the number of
international patents filed. (WIPO, July 2013)
For the fourth year running, France was once again ranked first
in 2014 by the Deloitte “Technology Fast 500 EMEA”, with 86 of
the top 500 fastest growth companies based on percentage
revenue growth in Europe, the Middle East and Africa. France is
also ranked first in Europe in an index of the 100 most innovative
organizations in the world. (Thomson Reuters, 2014)
The first and second phases of the “National Investment
Program”, backed by €35 billion and €12 billion of funding, are
supporting growth in strategic priority sectors.

9/ A WARM WELCOME
FOR FOREIGN TALENT

Streamlined immigration formalities for foreign talent, for
example through the “Skills and Expertise” resident permit for
non-EU nationals appointed chief executive of a subsidiary in
France. The “Expatriate Employee” resident permit exists for
intra-group job transfers, and the European Union Blue Card
for highly qualified employees.
Moreover, the “French Tech Ticket”, a “welcome pack” for
foreign entrepreneurs founding their start-up in France
(€30,000 grant, visa, single “Helpdesk” contact point,
business set-up support, etc.), is due to open in 2015.

10/ RENOWNED QUALITY OF LIFE
France is the world’s leading destination for foreign tourists,
ahead of the United States and China (UNWTO, 2014), and is
ranked third in the world for having healthcare infrastructure
that matches the needs of society. (IMD, 2014)
France is ranked sixth in the world for life expectancy at birth
(82.6 years) (World Bank, WDI, 2014) and boasts a wide array
of cultural and creative excellence : the Louvre is by far the
most visited museum in the world.

For further information, please visit :

www.sayouitofrance.com

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Dernière modification : 15/03/2015

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