AGN Live Country Guides

Doing Business in France

Updated in February 2018

France is the world's fifth largest economy, and is considered one of the most modern countries in the world. A leading country with high global influences, as the country is member of the United Nations Security, Council, NATO, the G-8 , the G-20 amongst others.

Being at the heart of Europe, which is the largest market in the world, the country can offer good economic solutions to potential exporters.

With 66,5 million people and one main language, French, their GDP is worth 2829.19 billion US$ (2014), which represents 4.56% of the economy of the world. The GDP increased by 1.2% in 2015. France has signed agreements to address taxation with over 160 countries in the world.

The economy in France is diversified across many sectors. Tourism in France represents the third largest income in the world, the country is the most visited destination in the world. The government has privatized many large companies, while maintaining a strong presence in specific sectors such as power, public transport and defence industries. While capitalism is in full development in France, there are several social legislations and tax policies to mitigate the economic inequality.

Exports in 2014 were $571B, of which $118B were on transportation (cars, planes, helicopters), $106B of Machines and $95B on Pharmaceutical and Chemical products.

France is the 6 th largest importer in the world ($654B), with over $130B in machines in 2014, $98B in mineral products and $91B in transportation, including cars.

Relationships with international businesses continue. In order to avoid the 'redundancy' risk of the use of static data about various countries, this portal incorporates various live data feeds from:

  • The Organisation for Economic Cooperation and Development (OECD)
  • The World Bank
  • The observatory of Economic Complexity

 

 

Use the navigations buttons below to access to more live data:
Inflation, Development indicators, Exports, Trade Balance, and more.

OECD Country Comparison Portal

The window below is a direct feed of regularly updated information from the OECD. It provides data concerning everything from GDP growth, fiscal balance, investment, and unemployment rates to consumption, import volume and export volume. The window allows comparisons between France and other countries of the OECD average for these factors.

Inflation (CPI)

Total, Annual growth rate (%)

World Bank Development Indicators

The window below is a feed from the World Bank website and shows the primary World Bank collection of development indicators, compiled from officially-recognized international sources. It presents the most current and accurate Franceian and global development data available, and includes national, regional and global estimates. Amongst others it covers critical areas of Agriculture & Rural Development, Climate Change, Economy & Growth, Education, Energy & Mining, Environment, External Debt, Health, Infrastructure and Labor & Social Protection

Exports

This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods exported from France.

Imports

This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods imported into France.

Trade Balance

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph illustrates the subsequent trade balance of exports and imports to and from France.

Destinations

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph shows the destinations of goods and services by country.

 

Business Opportunities in Europe:

BREXIT: UNCERTAINTY IS THE WATCHWORD, BUT INVESTMENT OPPORTUNITIES STILL EXIST!      (May 2019)

The Brexit leave date has come and gone and the future of the UK relationship with the EU is plagued with uncertainty which looks set to continue until at least November 2019. 

MORE OF THE SAME - WHAT TO SAY TO BUSINESS LEADERS? 

Overall, the familiar message remains one of contingency and scenario planning for uncertainty:
  • In the near term, consider exposure to possible disruptions in movement of good/services for both suppliers and customers, model scenarios of price changes (whether through logistical costs, tariffs & taxes or exchange rate movements) and consider if changes in mobility of people might impact the workforce or customer base.
  • Thereafter, think about scenarios for the possible opening up and closing down of opportunities in various markets, how the competitive landscape might alter and, perhaps in addition to planning for the downside, consider what upsides might present themselves?     
Find the firm best prepared to serve you

LIVE PPP OPPORTUNITIES IN LEBANON…      (February 2019)

Lebanese government opens up billions of dollars of FDI infrastructure opportunities for investment, via new Private Public Partnership opportunities. Best sectors to invest are: Property developers, Construction companies, Waste and water treatment, Transport, Infrastructure and Energy.

find the firm best prepared to serve you

THE ‘MACRON EFFECT’ MAKING FRANCE AN ATTRACTIVE PLACE FOR FOREIGN DIRECT INVESTMENT     (May 2018)

Emmanuel Macron took office as the President of France on 14 May 2017, becoming the youngest president in French history and youngest head of state since Napoleon. His victory was based on a manifesto of significant social and economic reform. As his program has started to take effect, Macron has been hailed as having re-launched the French economy as an attractive destination for foreign direct investment – the so called “Macron Effect”.

find the firm best prepared to serve you

AGN Tax Publications:


The AGN European Region produces annual tax brochures that compare taxes among European countries. Interesting comparisons from year to year give insight into trends.

These surveys are available by report type and year.

Learn more
 

The AGN European Region produces annual tax brochures that compare taxes among European countries. Interesting comparisons from year to year give insight into trends.

These surveys are available by report type and year.

Learn more
 

AGN News:

April 2019

AGN welcomes new UK member firm, Leonard Curtis!


Leonard Curtis Business Solutions Group, with 18 offices located across the UK, is a market leading service provider, offering positive strategic advice across restructuring, law and finance. Their range of services enables them to tailor unique solutions to whatever problem a business owner may encounter. 

See the Press Release

 
December 2018

ICT-Security Conference 2018 in Alpbach, Austria


Multicont and CRC were exhibitors at the largest security conference in the German-speaking region.

read full article to learn more
 

AGN Firms in the country


France
BM&A Partners
11 rue de Laborde
75008 Paris
Time Zone:
Phone: +33 (0) 1 40 08 99 50
EMail: contact@bma-paris.com
BM&A Partners - Lyon
32, rue de la Republique
69002 Lyon
Time Zone:
Phone:
EMail: contact@bma-lyon.com
Caderas Martin S.A.
43, rue de Liege
75008 Paris
Time Zone: GMT +1
Phone: (+33 1) 44 90 25 25
EMail: contact@caderas-martin.com
GROUPE EXCEL France
Cabinet LMBH & Associés
5 rue de Magdebourg
75116 Paris
Time Zone: GMT+1
Phone: 0033 01 45 67 39 38
EMail: l.foucan@lmbh.fr