Establishing a Company in France
Situated in Western Europe, France rests along the shores of the Atlantic Ocean, the Mediterranean Sea, and the North Sea. France borders Belgium, Luxembourg, Switzerland, Italy, Spain, and Andorra, and has a man-made connection to the United Kingdom, in the form of the Channel Tunnel, a submerged tunnel that passes under “La Manche”, a.k.a. the English Channel. In addition, France lays claim to five international territories, official designated as provinces - Guadeloupe, Martinique, French Guinea, Reunion, and Mayotte.
France’s history is peppered with revolutions and regime changes, foremost and most famous of which is the French Revolution, that broke out in 1789. The revolution effected major changes in French society and governance, accorded political influence on French citizens, and is a major milestone in the evolution of the modern world.
France plays a significant, highly influential role in the international arena owing to its dominant status in the European Union and its permanent memberships in the UN Security Council, NATO, and the G-7 and G-20 councils of industrialized countries. When France entered the Eurozone in early 1999, the Euro replaced the traditional French Franc as the country’s official currency.
Trade between France and Israel is stable and widespread, and collaboration between the two countries spans a variety of sectors, beginning with technological innovation and culminating in agricultural produce. All of the above provide a platform with a multitude of options for Israeli entities and organizations wishing to establish companies in France.