France: one of the best countries for innovation
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.
Business insights and articles written by our team of world-class professionals
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.
On January 1st 2019, a couple of changes to taxation in France will happen. In particular, Taxation at the source (in French, “prélèvement à la source”) will now apply. But what exactly is it, and will change?
As of July 2018, migration from the EU to the UK is at its absolute lowest in 4 years.
One of France’s main goals is to be an innovation stronghold. Evidently, these efforts pay off: Paris is deemed the European Capital of Innovation.
Every year, the Global Entrepreneurship and Development Institute (GEDI) releases a global ranking of countries for entrepreneurship. In their issue for 2018, France ranked n°10.
According to the INSEE (the French National Institution of Statistics and Economic Studies), almost 60 000 companies were created in May alone. Over the last 3 months, company formation in France has gone up by more than 21%!
Every year, the SNJV (The National Syndicate for Video-Games) publishes a study analyzing the evolutions of the videogame industry in France. Their latest report, analyzing the data for 2017, really only show one possible conclusion: this industry is booming in France.
In 2017, France ranked 27th on the World Talent Report, compared to 28th in 2016. While that is certainly impressive in its own right, the sectors in which it does well are even more noteworthy.
Indeed, if trade tariffs between the UK and he EU come back, then British consumers will have to deal with higher prices, and good manufacturers could see their benefits drop by up to 4%.
Shortage of workforce has reached a new record worldwide: 45% of companies have trouble hiring employees. However, it seems that France and small companies are less affected by this trend than others.
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