INDIANDESK™ : A NEW PARTNERSHIP This is a new service offered by cLé réseau d’avocats, due to M. C. Lèguevaques, lawyer at Paris and Ph. D (https://www.academia.edu/3574977/CV_Christophe_Leguevaques_2013_). In 2011, he published a “VADE MECUM INDIA”, (https://www.academia.edu/3572931/Vademecum_INDIA),. His work aims at bringing closer France and India, both economically and culturally. According to this target, His Excellency the Ambassador of India in France visited the Midi-Pyrénées area last year to discover its economy and the fact this “Région” is not only devoted to aircraft industry (http://www.objectifnews.com/node/7480). Indeed, Midi-Pyrénées is a leader in agriculture, water treatment and the pharmaceutical sector too. M. C. Lèguevaques has given the management of the Desk to an English-speaking junior lawyer, Olivier Hirtzlin-Pinçon. The Desk is dedicated to help the French firms in their settlement and/or development in India and vice-versa for the Indian firms interested in doing business in France. In that purpose, INDIANDESK™ will use the skills and competences of the different partners of the cLé réseau d’avocats.

1. Lettres indiennes
INDIANDESK™‘s
newsletter
–
N°
1
–
1st
Quarter
2014
–
FREE
–
English
version
WHY
INVEST
IN
FRANCE
?
Despite being often presented in the Anglo-Saxon press as a
country in decline, France is among the most integrated and most
invested industrialized countries in globalization.
INDIANDESK™
:
A
NEW
PARTNERSHIP
This is a new service offered by cLé réseau d’avocats, due to M. C. Lèguevaques, lawyer at
Paris and Ph. D (https://www.academia.edu/3574977/CV_Christophe_Leguevaques_2013_).
A nation of tradition and technological innovation, France
remains a major agricultural country with an impressive industrial knowhow and innovative spirit which has enabled it to solidify its place at the
forefront of the race between globalized economies.
In
2011,
he
published
a
“VADE
MECUM
INDIA”,
(https://www.academia.edu/3572931/Vademecum_INDIA),. His work aims at bringing closer
France and India, both economically and culturally. According to this target, His Excellency the
Ambassador of India in France visited the Midi-Pyrénées area last year to discover its economy and
the
fact
this
“Région”
is
not
only
devoted
to
aircraft
industry
(http://www.objectifnews.com/node/7480). Indeed, Midi-Pyrénées is a leader in agriculture, water
treatment and the pharmaceutical sector too.
As a rich country and enterprising country, France, like India,
has an inclusive economy. This is why in France, as in India, family firms
have a vital role in economic development.
M. C. Lèguevaques has given the management of the Desk to an English-speaking junior
lawyer, Olivier Hirtzlin-Pinçon. The Desk is dedicated to help the French firms in their settlement
and/or development in India and vice-versa for the Indian firms interested in doing business in
France.
In addition, in our two nations the role of the state is strategic in
limiting excessive specialization and maintaining a wide range of
industrial sectors.
In that purpose, INDIANDESK™ will use the skills and competences of the different
partners of the cLé réseau d’avocats.
In the words of the French president in his interview with The
Times of India (February 13, 2013) : “Indians will find in France the best
technology, a high level of infrastructure, a workforce of exceptional
quality and, what’s more, in the heart of the largest economy in the world
: that of Europe.”
Last, beyond the strictly economic and financial aspects, France
remains a country where life is good.
So come discover France. You will not be disappointed!
FRANCE
–
INDIA
:
A
LOVE
AFFAIR
?
France is now home to nearly 100 Indian companies.
NDIAN
COMPANIES
IN
FRANCE
-­‐
There are nearly 100 Indian companies doing
business in France, employing over 5,600 people. The number of new jobcreating investment projects was unchanged in 2011, with 12 new projects that
will generate 188 jobs. In 2011, India was the 13th largest foreign investor in
France by project numbers. Half of all Indian investment projects were in the
software and IT services sector. Indian companies prioritized site creations in
2011, which accounted for over 83% of projects.
FRANCE
AS
A
RECIPIENT
OF
INDIAN
INVESTMENT
IN
EUROPE
-­‐
In 2011, France
was the third largest recipient of job-creating investment from India, receiving
11% of Indian projects in Europe. The top recipients of Indian investments were
the United Kingdom (38%) and Germany (19%).
SELECTED
INVESTMENT
PROJECTS
IN
2011
: ONMOBILE, GLOBAL LTD,
GEOMETRIC LTD, ITC INFOTECH INDIA LTD
About
Aerospace
in
France
•
•
•
•
•
•
•
•
Largest export industry in France (77% of sales, with 70% of the
workforce located in France)
Largest trade surplus (€18 billion)
Substantial investments in production and R&D (17% of sales)
13,000 newly hired employees in 2011 and a 3.2% increase in the total
workforce (162,000 people)
2011 results confirm the recovery that began in 2010
2011 comparable sales increased by 3.3% to €38.5 billion, with €23.5
million in exports and driven by the civil sector, which represents 72%
of the total
Space activity remained stable at €4 billion in sales; the commercial
sector represents 60% of sales
More than 50% of European space industry sales
Equipment
manufacturers
represent:
•
•
€11.4 billion in sales, an increase of 13.8%
€14.3 billion in orders (€6.3 billion from exports), an increase of 20.5%,
87% from the civilian market
More
information
in
:
http://www.sayouitofrance-­‐innovation.com/
The
Millau
bridge,
an
example
of
the
French
innovation
for
all
“Attractiveness is a signal of confidence and a pride for our
country. We have no fear of investments coming to France,
we do not want to protect ourselves, we do not have a narrow
conception of our national interest
that is a part of the success of a country.”
President Francois Hollande
Strategic Council for Attractiveness (17 February 2014)
FRANCE
OFFERS
THE
BEST
RESEARCH
TAX
CREDIT
IN
EUROPE
● Covers 30% of all R&D costs up to €100 million, and 5% above this threshold. As
of 2013, innovation expenses incurred by SMEs are also eligible for the research tax credit (up to
€80,000 of tax credit a year).
● France’s research tax credit is also a powerful incentive for research partnerships, as all
expenditure contracted out to public-sector bodies is double-counted, thereby effectively
doubling the research tax credit. Salaries paid to junior final-year doctoral and postdoctoral research personnel on their first permanent contract are quadruple-counted when
calculating the research tax credit for two years.
● The research tax credit and “innovative new company” (JEI) schemes have been fixed for five
years to provide businesses with visibility and legal security.
● France’s public investment bank, bpifrance, offers two solutions to promote the use of the
research tax credit by micro-enterprises and SMEs, by guaranteeing and pre-financing the
research tax credit.
● More than 15,000 businesses have received the research tax credit, declaring €18.39
billion of research expenditure in 2011. Total tax relief for research tax credit recipients amounts
to €5.17 billion.
● France is ranked first in Europe for corporate tax rates on R&D operations, taking
into account tax bases, depreciation allowances, tax exemptions and tax credits. (Source: KPMG,
Competitive Alternatives, 2012)
● France was ranked sixth in the world in 2013 for the average cost of employing a
researcher once tax incentives are taken into account, with lower costs than in the United
States, Japan and and Germany. (Source: French National Association for Technical Research) 2013

2. MIDI-­‐PYRENEES,
SOUTHWEST
FRANCE
cLé
réseau
d’avocats
:
your
ally
for
innovation
and
growth
With an area of 45,348 km², Midi-Pyrenees is the largest of Metropolitan France’s 22 regions. It is
larger than Denmark or the Netherlands. To the south Midi-Pyrenees extends to the Pyrenees
Mountains, and borders Spain.
Welcome
to
Midi-­‐Pyrenees,
Southwest
France
TOULOUSE is an hour from Paris by plane, and 390 km from Barcelona by car. Metropolitan
Toulouse has the highest growth rate in France. Midi-Pyrenees and Toulouse are regularly cited at
the top of the list in opinion polls for their attractiveness, vitality and the quality of life.
Midi-­‐Pyrenees,
France’s
second
most
attractive
region
•
32,000 new residents arrive each year Third-ranked region in France for international
investments
•
Four competitiveness clusters, including a global one, and many industrial clusters in agribusiness, cosmetics, automotive, mechanical engineering, water treatment, sensors, ICT,
robotics, rail, etc.
One of the greatest asset of our network is our cross
competences and so our complementarity; these latter are completed
with a large number of teams working together and partnerships in
France and abroad as well as universities.
The Network:
-­‐
-­‐
-­‐
Midi-­‐Pyrenees,
a
region
with
a
strong
international
culture
•
•
120,000 foreign residents, International educational establishments welcome children of
expatriates,
34 consulates or consular representations, Over 400 foreign companies employing nearly
60,000 people.
-­‐
Major
industries
•
Aeronautics and Space (More than 68,000 jobs)
o
Home to the global headquarters of EADS, Airbus, ATR, Daher-Socata
o
Aerospace Valley, the World Competitiveness Cluster in Aeronautics, Space,
Embedded Systems, linking the Midi-Pyrenees & Aquitaine regions
O
WORLD LEADER IN CIVIL AERONAUTICS
o
•
European market leader in the design and manufacture of space systems and their
applications with the big names in space : CNES (French Space Agency), EADS
Astrium, Thales Alenia Space.
Information and Communication Technologies (More than 34,000 jobs)
o
The development of the aeronautics and space industries has stimulated growth in
computer science, electronics and telecommunications in Midi-Pyrenees. Today,
the region is a major player in France for ICT development
o
•
Contact
us
:
paris@cle-­‐avocats.com
cLé
réseau
d’avocats
supports
the
Toulouse’s
festival
of
Indian
cinema
The leading French region for software publication, computer programming, the
manufacture of electrical and electronic equipment
Agribusiness (25,000 jobs (more than 80,000 including agriculture)
o
Leaders such as 3A Coop, Andros, Société des Caves & Producteurs Réunis de
Roquefort
o
3 major sectors : agro-industries, in particular milk, meat, fruit and vegetables,
agri-business supplies and non-food agricultural products
o
•
-­‐
Is based in Paris, Toulouse and Marseille (next steps are firms
in Lyon and Lille by the end of the year)
Is the French correspondent of the Indian firm SPAB & Co
(Bangalore, Chennai, Cochin), member of Law Asia
(www.lawasia.com)
Is composed of independent professionals with the same
ethics, the same top level of exigency and the same desire of
defending and protecting the interests of our clients. Each
partner has a specific and established competence in his area
and the firm offers its services to local authorities, companies,
associations and foundations and of course to any individuals.
Gives advice, represents or assists our clients in the
jurisdictions as well as in alternative dispute resolution process
(e. g. arbitration).
Monitors the legal and regulatory situation, to identify and
anticipate changes in legislation and regulations in its areas of
competences. Moreover its members participate in
professional trainings and organise recognised training
courses.
The Agrimip Sud-Ouest Innovation competitive cluster, As an indication of the
importance of agriculture in southwest France, and its quality, the region is the
leader in France for its production complying with quality labels, guaranteed
origins and organic agriculture areas.
Health (Over 10,000 jobs)
o
Companies such as Mérial, Pierre Fabre, Sanofi, Nutrition & Santé - Cancer-BioHealth competitiveness cluster
o
A region conducive to the development of future health services, at the crossroads
of expertise in aeronautics, space, ICT, agri-business and biotechnology.
The
Highest
Proportion
of
Research
in
France
-­‐
A
high
level
of
qualification
•
Leading French region and the eighth in Europe for the intensity of research (R & D
expenditures/GDP)
•
Leading French region for the number of researchers in the overall job pool
•
4 Universities, 16 prestigious engineering schools and higher education establishments
•
116,900 students Second in France for the number of degrees awarded each year,
More
informations
:
MIDI-­‐PYRENEES
EXPANSION,
the
regional
development
agency,
created
and
funded
by
the
Regional
Midi-­‐Pyrenees
Council,
provides
free,
confidential
advice,
and
offers
you
personalized
support.
Contact
by
email
:
mpe@midipyr.com
©LEGUEVAQUES
AVOCATS,
Selarl
a u
capital
de
155.000
€,
RCS
Paris
443
426
200,
inscrite
auprès
du
B arreau
de
Paris,
35
Bd
Malesherbes
75008
Paris
–
paris@cle-­‐avocats.com
-­‐
Tél.
(33)
5
62
309
152
Pour
ne
plus
recevoir
la
newsletter,
adresser
un
message
à
ohp@cle-­‐avocats.com