Country of talent and enterprise
It is no coincidence that “entrepreneur” is a French word. In 2020, 848,200 new businesses were created, reaching a new record. In all the various economic sectors, France has the key strengths conducive to setting up a thriving business: easy access to capital and finance, a dynamic ecosystem for startups, highly qualified human resources, as well as a sound legal framework.
France, a nation of entrepreneurs
In 2020,
848,200 new businesses
were created
(INSEE, 2021)
More than
10,000 startups in France
(La French Tech, 2020)
Only four days
required to found a company: France is among the easiest countries in which to start a business
(Doing Business, The World Bank, 2020)
France, a buoyant entrepreneurial landscape
A nation of entrepreneurs
France has one of the lowest business death rates in Europe: 4.9% in 2018, compared with 7.6% in Germany and 12.5% in the United Kingdom.
A flexible labor market
The reform of the French labor code aims to increase the competitiveness of businesses by giving them greater flexibility, but also aims to improve working conditions for employees.
A startup Republic
There are nearly 10,000 startups in France.
Station F is a haven for them as the largest startup campus in the world.
Tax measures to promote competitiveness and investment
“France offers one of the most generous research tax incentives in OECD countries.” Deloitte
Industrial excellence
France, with nearly four million businesses, has become a key player for enterprise in the last 25 years, supported by a mature ecosystem and effective sources of finance.
France is committed to providing a comprehensive, successful bedrock to entrepreneurs
The French economy aims to give businesses greater freedom to innovate, change, grow and create jobs.
Some 815,000 firms have already enjoyed this favorable environment and government’s strong and resolute backing.
In the long run, France stands out for the sustainability of its businesses, with an enterprise death rate of 4.7%.
As a result, the strong and reliable French ecosystem enables companies to focus on further technological innovations, fundraising operations and thriving trade and business.
Get to know more about enterprise in France
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