It takes just 5 admin steps and 7 days in France to start up a new company, in comparison to 7.6 steps and 22 days elsewhere.
(PRWEB UK) 26 September 2013
The article, Expats Looking to Start Their Own Business Will Find it Simpler in France, published September 3rd in Expat Forum, reveals details of research from accountants Ernst and Young. Looking at 1,500 entrepreneurs, the study ruled that when compared to most of the G20 nations, it is simpler to start a new business in France. This is mainly down to areas such as cost, delay and administration. It takes just 5 admin steps and 7 days in France to start up a new company, in comparison to 7.6 steps and 22 days elsewhere. The only area France didn’t fare so well in was taxes, with business taxes here above the average for mature economies.
However, it was recognised that there has been significant progress with the introduction of tax credits which subsidise the cost of research and development, with the report concluding that “all these moves are a step in the right direction towards unlocking France’s undoubted entrepreneurial potential.”
Specialising in European removal services, Interdean are often approached by clients moving abroad for business opportunities. As such the latest news caught the team’s interest and a representative from the firm gives their views on the subject.
“France is still a popular choice for UK expats moving overseas. It is close enough to home to visit family and friends, but with a new culture and surroundings to enjoy. Those moving to France for work opportunities, whether relocating with their current company or looking to start one of their own, will no doubt be encouraged by the findings of this report.”
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