Business For Sale France | Business For Sale Listings
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Things to Know About the Business for Takeover France
France is a country located in northwestern Europe. It has been the first tourist destination in the world for 25 years. It covers a land area of 640,679 square kilometers with a population of 66,998,000 French. The French language is what they use in communicating with one another. Most French are Christians and Euro is their official currency when buying goods and services. France has three climates: oceanic, continental, and Mediterranean.
The Gross Domestic Product (GDP) in France is worth 2.845 trillion US dollars. And its GDP per capita is around $43,500. The Corporate Tax Rate stands at 31 percent, which is a little high. However, in spite of that, it still manifests how strong and developed their economy is.
The country is currently focusing on improving its economic growth and the working benefits of its citizens so doing business in France is not their priority now. Nationals who do not need to acquire a French visa or permit to visit, live, work or study are European Union (EU), the European Economic Area (EEA) or Swiss citizens. Some nationalities or Third Nationals need a visa, regardless of whether it’s for a short stay (up to 90 days) or longer (more than 90 days). Just like the green card in America, there is an EU Blue Card given to highly skilled workers. That enables them to travel and work across the EU without the need for a work permit.
The challenges in France include high unemployment, lagging competitiveness, sluggish growth, and insufficiently skilled workers. Despite that, foreign companies are still attracted to doing business in the country and in 2017, foreign direct investment was the highest it has been in 10 years at 44 billion euros.
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