France, an innovative nation
World’s #2 research center
(Scimago Institutions Rankings, 2019)
#1 in Europe
for hosting R&D investments
(Business France, Annual Report Foreign investment in France, 2019)
Research tax credit
An innovation-friendly ecosystem
Research and innovation
France is ranked sixth in the world for R&D expenditure.
“La French Tech” is our startup scene here in France. A unique movement bringing together startups, investors, policymakers and community builders.
While providing strong security, the French legal system is willing to incentivize investment, innovation and competitiveness. Corporate tax to be cut to 25% by 2022.
Strong government support for innovation
France ensures the most attractive R&D tax incentive programs to support innovation, through firm commitments as the research tax credit, innovation tax credit and the major investment plan 2018-2022.
In 2017, France was an innovative powerhouse, with 85% of foreign investors believing that the French ecosystem encourages innovation. This solid system, built on various tax credits, means that France offers businesses the most generous R&D tax treatment in Europe. At the same time, France heavily invests in R&D to boost economic growth.
Business enterprise R&D expenditure (BERD) by businesses controlled by foreign multinationals in France was up 6% in 2017 to a total of €7.4 billion, amounting to 23% of all BERD in France.