France: A country of many facets
France remains a very attractive country for foreign investments, thanks to the quality of the living environment, that of the infrastructures and the qualification of managerial staff, .
In fact, 56% of foreign investors plan to strengthen their company’s presence in France.
The attractiveness of French economy is also partly due to the fact that France has carried out a reform and investment policy that led to the abolition of the Local Business Tax, the creation of a more favourable tax regime for expatriates as well as several other measures aiming at increasing the attractiveness of the French economy.
Moreover, France has a strategic geographical position and remains a gateway to French-speaking European and African countries.
Focusing on Innovation:As part of its innovation policy mix, France has implemented the French Research Tax Credit (Crédit d’Impôt Recherche - CIR) equal from 30% to 40% of R&D expenditures up to €100 million. In 2008, 2000 foreign firms received this credit.Altogether, €6.2 billion were reimbursed to companies in France thanks to the CIR in 2009.