France, 11th most innovative country in the world
The latest Global Innovation Index has just been published by the World Intellectual Property Organization (WIPO). Its ranking positions France as the 11th most innovative country in the world.
Business insights and articles written by our team of world-class professionals
The latest Global Innovation Index has just been published by the World Intellectual Property Organization (WIPO). Its ranking positions France as the 11th most innovative country in the world.
After briefly running out of steam in July, business creation observed in France in August returned to the trend of the last 13 months of uninterrupted growth (+ 4%)
After 13 months of uninterrupted growth, July’s entrepreneurial momentum is losing steam compared to July 2020 (-5.6%). Nevertheless, with 600,000 new registrations, the total number of creations since the beginning of the year is still at a record level compared to the same period in 2020 (+34%).
France has a rigid administration totally unfit for business, right? Well, the study by A.T Kearney ranked France has the 7th most attractive country for foreign investors in the world, so it might not be so bad after all; especially for tech companies.
In terms of investment in Research and Development (R&D), France is ranked 6th in the world. It’s no wonder: innovation plays a huge role in France’s economy.
Today, more and more people are considering creating a company in another country. Let’s look at just a few of the options available!
Obviously the US, right? That’s the answer anyone would come up with when first asked this question. It makes sense; the US government has the reputation of being so liberal that companies can be created in a matter of minutes, while the French administration has the reputation of being so tax-heavy that it’s barely even worth creating a business. But still, it’s worth looking more deeply into things.
If you’re creating a company, then you know that there are a lot of questions you should ask yourself. Among them, a very important question is: “Where do I even set up my company?” Here, we’re going to analyze the pros and cons of setting up a company in France so that you can make an informed decision.
Even during his campaign, the French president Emmanuel Macron had promised he would encourage innovation in France. He kept that promise: earlier this year, a 10 billion euros fund for innovation was created.
Many people hesitate to set up a company in France. However, most problems people bring up can be solved by getting the help of an online platform when setting up. Here are the most common reasons why people hold off on creating a company in France.
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