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Invest in France with PwC

Why invest in France ?

  • The size of the French and European markets: situated at the centre of Europe and with an excellent transport network, France provides easy and rapid access to a market of over 500 million consumers.
  • France is also part of the Euro currency area and a member of the Schengen zone for the free movement of people.
  • A source of innovation and creativity with international groups in various industries like: energy, luxury, retailing, etc
  • Lastly, France can also act as a gateway into Francophone Africa.

In addition to France’s position at the heart of Europe, companies also quoted the following recurring themes to explain their decision to invest in France:

Technology R&D expertise Access to major French corporate customers

Technology

France enjoys state of the art technology in many sectors that foreign companies would find difficult to develop on their own. By acquiring this expertise, these companies can more easily and quickly apply the technology in their country.

R&D expertise

France is at the forefront of R&D in many leading sectors; for example, its pharmaceutical industry is the largest in Europe and the third largest in the world, and its chemicals industry is the second largest in Europe. France has traditionally placed an emphasis on encouraging R&D to maintain its leading position in many scientific and industrial spheres and its policy of giving generous R&D tax credits is a prime example of this.

Access to major French corporate customers

Many of the world’s largest groups are French. For example, 35 of the world’s leading 500 companies are French, whilst 34 are German and 30 are British. Many companies have realized that to do business with such large French groups on a global basis, they need to be present in France and to develop contacts with their French head offices.

Key factor of success in France

  • gaining thorough knowledge of the local market and culture
  • identifying the crucial legal, social and tax issues relevant to your activities
  • developing open and trustworthy relationships with your French partners and associates

Various forms of assistance are available in France to attract foreign investment

  • R&D credits
  • Clusters
  • Assistance for small and medium sized companies from OSEO
  • Other aid sources linked to recent initiatives

How we can help you ?

We are a network of firms in 158 countries with more than 180,000 people.
In France, PwC gathers more than 45 nationalities and have developed bi-cultural teams who have vast experience and cultural understanding of the both countries.
They can help you set up and successfully develop your business in France together with their local PwC’s colleagues.
Furthermore, we have a strong experience in serving foreign clients in France to:

  • Open a representative office
  • Adapt your products and services for the local market
  • Chose the right location for your manufacturing facilities or retail site
  • Identify the potential targets or partners
  • Perform a major acquisition
  • Assist you in your regulatory, tax and HR issues.
  • Etc...

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