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EU MEMBERS > France
France business environment
Doing business in France
KEY FACTS

France is the fifth largest economy in the world, in terms of GDP. The leading industrial sectors in France are telecommunications, aerospace and defense, ship building (naval and specialist ships), pharmaceuticals, construction and civil engineering, chemicals, and automobile production. With at least 75 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. (CIA World Factbook)

Currency: EUR
Key exchange rates:
Interest rate: 1%
Current inflation: 1%
Inflation target: 2%
Tax rate: 19.6%

Major French owned companies:

Total
Total is one of France’s largest corporations and the world’s fourth largest publicly-traded integrated international oil and gas company. It operates in over 130 countries worldwide.

France Telecom
France Telecom is one of the world’s leading telecommunications operators, of which Orange is the key brand.  France Telecom serves more than 177 million customers around the globe. It is also the number one provider of broadband internet services in Europe.

AXA Group
With 67 million clients worldwide, AXA, an insurance companies group, is a global leader in the financial protection market. The AXA Group encompasses five operating business segments: Life & Savings, Property & Casualty, International Insurance (including reinsurance), Asset Management and Other Financial Services.

FIRST STOP
Banking
Banque de France
Banque de France is the central bank of France, and is linked to the European Central Bank and part of the Eurosystem.
BNP Paribas
BNP Paribas is a European leader in banking and financial services, with a significant and growing presence in the United States and leading positions in Asia. The Group has one of the largest international banking networks, operating in more than 85 countries with a staff of 173,200.
Legal
CMS Bureau Francis Lefebvre
CMS Bureau Francis Lefebvre is one of France’s leading business law firms, with a team of about 400 lawyers.
Saint Georges Conseil
Saint Georges Conseil is an international law firm established in Paris, helping clients facing international challenges in their moves in France or Europe and for doing business there.
Accounting
La Rochefordière & Associés
La Rochefordière & Associés is a Certified Public Accounting firm providing audit, tax, accounting, and advisory services.
Scacchi & Associés
A well-known expert in audit, consulting and accounting matters.
EUROPEAN BUSINESS ENVIRONMENT OVERVIEW
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France
France flag
FLAG
France map
MAP
Capital: Paris
Official languages: French
Government: republic
EU accession: 1951 (founding member)
Area: 543,965 km2
Population: 64,057,792
Internet TLD: .fr
Calling code: +33
EUROCHAMBRES
Eurochambres, the European Association of Chambers of Commerce and Industry, is one of the key representatives of business to the European institutions. It voices the interests of over 19 million member enterprises in 45 European countries through a network of 2000 regional and local Chambers represented by 45 national - and one transnational - organisations. More than 90% of these enterprises are small or medium enterprises, with chamber members employing over 120 million employees.

Eurochambres is the sole European body to serve the interests of every sector and size of European business - due to the multi-sectoral membership of Chambers - and the only one so close to business, as a result of the Chambers’ regional focus.
http://www.eurochambres.eu
CHAMBER OF COMMERCE IN France
The Assembly of French Chambers of Commerce and Industry (ACFCI) is the national public establishment responsible for the direction and amalgamation of the French Chambers of Commerce and Industry (CCI).
http://www.acfci.cci.fr/Site%20anglophone/index.htm