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Understand the Jurisdictions Setup Requirement Before Proceed Your France Company Incorporation Services
When it comes to some of the most powerful economies in the world, you’re bound to find France among the list. Being a member in many of the European organisation has certainly helped this beautiful country cement its strong economic growth reputation.
And for entrepreneurs looking to take their business to the next level by venturing into the international market, there could be no better option than France to accomplish that goal. This vibrant hub which borders six other countries is a natural crossroad, and if you’re looking to grow a business in the European region, you’re going to want to position yourself right where the big players are.
Why France is a Great Business Prospect
Aside from its strategic location and strong presence as a leader among the European nations, France has a huge market potential because of its size. As a diverse international hub, the country has a wide range of services catered to meet the needs of the people.
Being the largest country in Western Europe means more opportunity compared to its surrounding neighbours. After all, when you have bigger space to work with, naturally you can get more work done.
The country is also very encouraging towards foreign investments. In fact, they welcome them with open arms. And the proof is in the fact that the procedures for setting up a business in France are now far easier than ever before. So easy, in fact, that it can be done online.
France is also very heavily invested in its people. This means that France has one of the best-ranking scores when it comes to productivity. It also encourages its people to enjoy a work-life balance, this is very clearly seen in the environment, the cost of living, culture and infrastructure. And by how productive its workforce is.
How to Incorporate a Company in France
The incorporation of a company in France begins with a name check by the National Institute of Industrial Property or INPI. Once the name has been approved, a certificate of the reservation will then be issued before the rest of the operations can proceed.
The next step would be to deposit the minimum share capital of the business into a bank account along with a certificate which states that the amount that must be received.
Once that is done, tt is mandatory to be registered at the Business Formalities Centre or Centre de Formalities des Enterprises (CFE). This is for statistical purposes, tax authorisation, social security, labour and health insurance, all of which are mandatory in this process. To complete this process, the company representative is required to file a request for registration and submit the necessary articles of association.
Founding and incorporating your business in this country full of opportunity could be just the next step you’re looking for to bring your business to the next level. For further assistance and information about company incorporation services, contact us at info@3ecpa.com.sg and we will get in touch within 24 hours.