France
France is the EU’s second largest economy (and fifth largest in the world) and second largest exporter in the EU, according to the WTO.
No surprise, therefore, that it is one of the world’s largest export hubs and logistics networks, boasting two of Europe’s biggest ports, in Marseille and Le Havre, while Paris Charles de Gaulle airport is Europe’s busiest airport for cargo transportation.
Thanks to its location at the heart of Western Europe, France’s transport network is one of, if not the best on the continent with more than 11,000 km of motorway, and high-speed train links to other major European cities, including Brussels, Amsterdam and London.
France is a world leader when it comes to its strong focus on innovation and R&D, especially in the telecommunications, pharmaceuticals and civil engineering industries. Compared to other countries, France is the third leading recipient of foreign R&D investments, while it also offers the most incentivised research tax credits in all of Europe.
France retains its centuries-long status as a global centre of art, science and philosophy. It hosts the fifth-largest number of UNESCO World Heritage Sites . France performs well in international rankings of education, health care, life expectancy and human development. It remains a great power in global affairs, being one of the five permanent members of the United Nations Security Council and an official nuclear-weapon state. France is a founding and leading member of the European Union and the Eurozone, as well as a key member of the Group of Seven, North Atlantic Treaty Organization (NATO), Organisation for Economic Co-operation and Development (OECD) and La Francophonie.
France is considered to have a well-developed economy and has one of the highest HDI (Human Development Index) in the world. Its history, its culture and the diversity of its landscapes attract over 75 million tourists per year.
The tourist sector is, as a consequence, an important source of profit for France. The French economy is based both on a strong private sector and on a national economy.
The French Corporate Income Tax is, as a matter of principle, payable by any company operating within the French territory. However, based on the territoriality principle, French corporations are not taxed on their foreign source income. Accordingly, French corporations are not taxed on their foreign permanent establishment income.
There are no administrative restrictions on foreign investment in France. Whatever your business development strategy, in France you will find an appropriate legal structure for the kind of business you wish to set up. Investors can set up a permanent or temporary structure and enjoy full legal peace of mind; they are then free to drive their project forward in an uncomplicated and inexpensive environment.
A large part of France’s corporate tax system is designed to promote business investment, regional development and international expansion. France’s efforts to develop a fair tax system are also evident in its policies designed for corporate groups. France has signed bilateral tax treaties with most of the countries it trades with (more than 100 countries) and thus provides foreign investors with outstanding protection against double taxation.
French law provides for trademark protection of IP, including words, names, letters, numerals, labels, designs, sounds and musical phrases. Legal protection is available when the IP is not already protected by a trademark, a copyright or used by a third party, for instance as a company/trade name or as a domain name.
The Law of France refers to the legal system in the French Republic, which is a civil law legal system primarily based on legal codes and statutes, with case law also playing an important role. The most influential of the French legal codes is the Napoleonic Civil Code, which inspired the civil codes of Europe and later across the world. The Constitution of France adopted in 1958 is the supreme law in France. European Union law is becoming increasingly important in France, as in other EU member states.
In academic terms, French law can be divided into two main categories: private law and public law. This differs from the traditional common law concepts in which the main distinction is between criminal law and civil law.
1.Private law governs relationships between individuals. It includes, in particular:
-Civil law. This branch refers to the field of private law in common law systems. This branch encompasses the fields of inheritance law, civil law, family law, property law, and contract law.
-Commercial law
-Employment law
2.Public law defines the structure and the workings of the government as well as relationships between the state and the individual. It includes, in particular: criminal law, administrative law, constitutional law.
Our law firm VLO provides legal services for corporate and private clients in France. These services include mergers and acquisitions, business and debt restructuring, tax and tax disputes, corporate disputes, investments, bankruptcy, litigation and arbitration.
If you have questions, please us right now.
E-mail: vlolawfirm@gmail.com
No surprise, therefore, that it is one of the world’s largest export hubs and logistics networks, boasting two of Europe’s biggest ports, in Marseille and Le Havre, while Paris Charles de Gaulle airport is Europe’s busiest airport for cargo transportation.
Thanks to its location at the heart of Western Europe, France’s transport network is one of, if not the best on the continent with more than 11,000 km of motorway, and high-speed train links to other major European cities, including Brussels, Amsterdam and London.
France is a world leader when it comes to its strong focus on innovation and R&D, especially in the telecommunications, pharmaceuticals and civil engineering industries. Compared to other countries, France is the third leading recipient of foreign R&D investments, while it also offers the most incentivised research tax credits in all of Europe.
France retains its centuries-long status as a global centre of art, science and philosophy. It hosts the fifth-largest number of UNESCO World Heritage Sites . France performs well in international rankings of education, health care, life expectancy and human development. It remains a great power in global affairs, being one of the five permanent members of the United Nations Security Council and an official nuclear-weapon state. France is a founding and leading member of the European Union and the Eurozone, as well as a key member of the Group of Seven, North Atlantic Treaty Organization (NATO), Organisation for Economic Co-operation and Development (OECD) and La Francophonie.
France is considered to have a well-developed economy and has one of the highest HDI (Human Development Index) in the world. Its history, its culture and the diversity of its landscapes attract over 75 million tourists per year.
The tourist sector is, as a consequence, an important source of profit for France. The French economy is based both on a strong private sector and on a national economy.
The French Corporate Income Tax is, as a matter of principle, payable by any company operating within the French territory. However, based on the territoriality principle, French corporations are not taxed on their foreign source income. Accordingly, French corporations are not taxed on their foreign permanent establishment income.
There are no administrative restrictions on foreign investment in France. Whatever your business development strategy, in France you will find an appropriate legal structure for the kind of business you wish to set up. Investors can set up a permanent or temporary structure and enjoy full legal peace of mind; they are then free to drive their project forward in an uncomplicated and inexpensive environment.
A large part of France’s corporate tax system is designed to promote business investment, regional development and international expansion. France’s efforts to develop a fair tax system are also evident in its policies designed for corporate groups. France has signed bilateral tax treaties with most of the countries it trades with (more than 100 countries) and thus provides foreign investors with outstanding protection against double taxation.
French law provides for trademark protection of IP, including words, names, letters, numerals, labels, designs, sounds and musical phrases. Legal protection is available when the IP is not already protected by a trademark, a copyright or used by a third party, for instance as a company/trade name or as a domain name.
The Law of France refers to the legal system in the French Republic, which is a civil law legal system primarily based on legal codes and statutes, with case law also playing an important role. The most influential of the French legal codes is the Napoleonic Civil Code, which inspired the civil codes of Europe and later across the world. The Constitution of France adopted in 1958 is the supreme law in France. European Union law is becoming increasingly important in France, as in other EU member states.
In academic terms, French law can be divided into two main categories: private law and public law. This differs from the traditional common law concepts in which the main distinction is between criminal law and civil law.
1.Private law governs relationships between individuals. It includes, in particular:
-Civil law. This branch refers to the field of private law in common law systems. This branch encompasses the fields of inheritance law, civil law, family law, property law, and contract law.
-Commercial law
-Employment law
2.Public law defines the structure and the workings of the government as well as relationships between the state and the individual. It includes, in particular: criminal law, administrative law, constitutional law.
Our law firm VLO provides legal services for corporate and private clients in France. These services include mergers and acquisitions, business and debt restructuring, tax and tax disputes, corporate disputes, investments, bankruptcy, litigation and arbitration.
If you have questions, please us right now.
E-mail: vlolawfirm@gmail.com
