P Pt Invest France [Compatibility Mode]


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Invest in France

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P Pt Invest France [Compatibility Mode]

  2. 2. SUMMARY 1 France in figure 2 Ten reasons to invest in France 3 Money and Foreign Direct Investments 4 French Societies 5 Aerospace industry 6 Agri-food industry 7 Bio-Energy 8 Automotive industry Page 2
  3. 3. SUMMARY 9 Automotive industry 10 Logistic sector 11 Chemistry Biotechnology and Health industries 12 IT and telecommunication 13 Tax system 14 We support you in your project Page 3
  4. 4. Why to invest in France ? France in figures •65 million inhabitants in 2009 •One of the 27 Europe’s member States •French GDP : - 0,9 % (after the crisis 1st trimester 2009) •Unemployment (2009) : 8,2 % •Number of international license : 6 370 •Global cost for the setting up of a company :103,5 (rank 5th) Base 100 for United-States. •Offices available for rent : 2,452 (Paris 1st trimester 2008 source AFII) •Annual net wages in Paris and its suburbs : 17 315 € for employees and 51 840 € for managers •Final household consumption (2007) : 4,5 % •Fertility for 1 000 inhabitants (2009) : 12,8 Page 4
  5. 5. Ten reason to invest in France 1. Europe is the first world economic body. The European PIB is 19 200 billion dollars. 2. France is at the center of the European market and is the second economic power of Europe. 3. France has a labor highly qualified. Especially in research and development and is the first state of OECD to have the most graduates in higher education. 4. The setting up of foreign company is welcome on French territory. More than five hundred foreign companies are already set up in France. 5. France has the third most efficient productivity by hour in the world. Page 5
  6. 6. Ten reasons to invest in France 6. Public infrastructure and communication networks are highly developed. 7. France is the less expensive country according to the setting up of foreign companies in Europe. 8. Employment, real estate and energy costs are most competitive than in United-Kingdom or in United States. 9. France gives helps for the setting up of start-ups and has some special economic zones in which there are attractive tax rates. 10. France is the first European Country to have the best research tax credit of OECD ( 5 billion in 2008) and France has the best innovation and IT sector. Page 6
  7. 7. Why to Invest In France ? MONEY AND FOREIGN DIRECT INVESTMENTS The official money of France is Euro (€). Lister company are listed in the Bourse of Paris. French Listed companies are listed in the CAC 40. The general bank is the bank of France. Foreign direct investments are welcome in France. French society categories 11 types of Commercial Companies which 5 types of civil companies which the most the most used are used are : The société Anonyme (SA) -The société civile immobilière (SCI) The Société à Responsabilité Limitée (SARL) -The société d’exercice libéral (SEL The Société par actions simplifiée (SAS) -The société civile professionnelle (SCP) Page 7
  8. 8. AEROSPACE INDUSTRY -Foreign companies are widely -The French aerospace -The French aerospace set up in France, such as the industry are internationally industry are internationally American company Metzeler well-known. well-known. Automotive Products the Swedish company Autoliv -The aerospace industry has -The aerospace industry has Electronic. about 10% of average annual about 10% of average annual growth. growth. -Foreign companies are about 47% of this Industry. Page 8
  9. 9. AUTOMOTIVE INDUSTRY -Some World Companies have set up their -French automotive sector is going to receive production plant in French dedicated regions such foreign investments from countries which have a as General Motors, Toyota or Daimler Chrysler. huge part of foreign wealth founds, such as China. French automotive companies are ready to start -France has technology park with many highly partnership in France with foreign companies in qualified researchers. order to rise their production on. -France has 20 sites of joining of automotive pieces. -France rank second in Europe in term of automotive production. -French automotive constructors already are in partnership with Chinese constructors such as Renault and Nissan, PSA Citroën and Dongfeng Motor Corporation. Page 9
  10. 10. AGRI-FOOD INDUSTRY appreciate by French people and their -The agri-food industry is a very innovative sector. consumption is increasing. France is one of the most attractive countries of -The agri-food industry is the first industrial the European Union productive sector of France. to attract innovative international projects in agri-food industry. Between 2000 and 2008 about 16% of international projects were welcome in France. -Foreign companies are widely set up in France, such as Japanese companies e.g. Ariake and Ajnomoto or Irish companies e.g. Moy Mark or Kerry Ingredients. - Some world companies have chosen France as base of their Research and Development pole such as Unilever. -Organic food, dietetic and healthy food are very Page 10
  11. 11. BIO-ENERGY INDUSTRY -Bio-energy industry is a new economic sector in their setting up or the development of their France which is developing. activity. The Champagne-Ardenne and Picardie competitive clusters are important places where industries and research laboratories come together. -France is conducting a great environmental campaign with its new 2005 Charter of the Environment which places the environment protection at the same level than French human rights or French economic and social rights of the 1946 Preamble of the French Vth Constitution. -In 2006, many foreign biofuel companies such as the Spanish Acciona company, the Deutch Saria Company, the American Cargill Company and the British Ineos company have chosen France for Page 11
  12. 12. LOGISTICS SECTOR France is located at the center -- of Europe. Road, rail and river communication networks are widely developed and serve the -Establish a company in France entire Europe. is getting access to the first world market within less than -France is at the border of six two days. -The axis Rouen-Le Havre is the countries in Europe. -France has six international best performing multimodal airports, five European platform in Europe. By 2012, container ports. The Port of Le Havre will develop a tri-modal platform of about 80 ha to transport goods by rail, river and road. Page 12
  13. 13. CHEMISTRY, BIOTECHNOLOGY AND HEALTH INDUSTRIES -French chemistry industry rank second in Europe. Chemistry is a growing sector that focuses on innovation to sustain its growth. -French scientist researchers are part of the most highly qualified in Europe. France has high-tech medical materials. -Europe is the second word market for the production and consumption of pharmaceuticals especially French people. And France is the first European producer of pharmaceuticals. -France is a very attractive country for pharmaceutical project because French people are very interested in dermo-cosmetics and meal replacements. Page 13
  14. 14. IT and telecommunication - France ranks second concerning IT post-graduate students. - France has a powerful IT Industry and has qualified telecommunication engineers. - France has about 45 000 researchers in telecommunications and has many public laboratories. - A huge part of foreign groups are located in France such as motorola, LG Electronics or IBM. - There is a powerful research in these two industries and foreign investors are already in partnership with French companies. Page 14
  15. 15. TAX The French tax year is from 1st January to 31st of December. Common VAT is 19,6 %. The French corporation tax is 33, 33% even if you are a foreign investor. Foreign investors can have some help, from French authorities in order to set up their companies, in term of financial aid and in term of assistance in locating their company. The French ta-A reduce rate is implemented for PME of 15 % ( for tax result of 38 120 € maximum); A social contribution of 3,3 % calculate on the basis of the amount of the corporation tax after reduction of 763 000€ except for PME. Page 15
  16. 16. YOUR PROJECT You want to invest in Europe as part of your current activity. You need an efficient implementation. Page 16
  17. 17. WE SUPPORT YOU IN EVERY STEP OF YOUR PROJECT QUALITY Providers with whom we work are chosen for their efficiency and reliability. ADAPTABILITY We adapt our offer to your project, its size and needs, enabling you to complete your project. SUPPORT We support you in a long term cooperation, by providing advice and solutions to match your needs. We propose a feasibility study of your whole project. We support you in all administrative procedures concerning the registration of your company and obtaining a business licence. We provide you all documents concerning the expatriate staff. We propose a tax planning strategy. Page 17
  18. 18. Do You Have Any Questions? Page 18
  19. 19. Thank you ! Page 19