The ISO code of France is FR according to the ISO 3166 standard. The local name of the country is the same as its English name. France capital city is Paris. People in France speak the French language. In the year 1944, France emerged as a sovereign political entity. The largest city in France is Paris.
France is located in the UTC +01:00 time zone, which is also called Central European Time or CET. The internet country code top-level domain (ccTLD) for France is .fr. Other domains assigned to France are .alsace, .bzh, .corsica, .eus, .paris, .eu. The domain name .eu is available for use by organizations in and residents of European Union member-states. The International dialing code for France is 33. People in France drive on the right side of the road. Total land area of France is 643,801 km² (approx. 248,572 mi²). France is not a landlocked country. It means that is is bordered by at least one major body of water.
France is located in Europe. France is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently France faces various issues, including forest damage from acid rain, air pollution from industrial and vehicle emissions, water pollution from urban wastes, agricultural runoff.
Doing business in France
We offer various corporate services in France jurisdiction. These services can serve both, people coming from France and foreigners. If you plan on doing business in France you might be interested in contacting us.
To find out about starting your business in France click on company formation in France.
To find out how to open a bank account in France and moreover what type of account Confidus Solutions suggests to create, please click on bank account in France.
Choose preferred service below or continue reading to find out more about France.
Demographics of France
The total population of France is 65,233,271 people. In France, the population density is 118 people per square kilometer (307 per square mile). Because of this statistic, this country is considered to be densely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for France is 0.1032. France has approximately 7784418 foreign immigrants. The median age is approximately 40.9 years. In France, 83 in every 100 people use internet. France has a Human Development Index (HDI) of 0.884.
The majority religion of France is Christianity, France is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of France.
Culture of France
People in France speak the French language. According to data on inbound tourists in France, 84,726,000 tourists arrive in the country each year. The first McDonalds in France was opened on 30 June 1972, and it was located in Créteil. One of the most popular national dishes of France is crêpe. To read more click on culture of France.
Geography of France
France is considered to be a large nation because of its total area. Its total land area is 643,801 km² (approx. 248,572 mi²). France is located in Europe. Its capital city is Paris. France has 8 neighbouring countries. Its neighbours include Andorra, Belgium, Germany, Italy, Luxembourg, Monaco, Spain, and Switzerland. Total length of land borders of France is 2751 kilometers (~1,062 miles).
The highest point of France is Mont Blanc, with its official height being 4810 m (15,782 ft). Including land mass and EEZ, the total area of France is approximately 12,335,701 km² (~4,762,819 mi²). The most notable natural resources found in France are coal, iron ore, bauxite, zinc, uranium, antimony, arsenic, potash, feldspar, fluorspar, gypsum, timber, arable land, fish.To read more click on geography of France.
Economy of France
The currency of the country is euro. The symbol used for this currency is €, and it is abbreviated as EUR. 9% of population in the country are unemployed. The total number of unemployed people in France is 5,870,994. Each year, France exports around $578.6 billion and imports roughly $659.8 billion. The Gini Index of the country is 30.1. France has a Human Development Index (HDI) of 0.884.The Global Peace Index (GPI) for France is 1.742. France has a government debt of 52.1% of the country's Gross Domestic Product (GDP), as assessed in 2012. France is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are machinery, chemicals, automobiles, metallurgy, aircraft, electronics, textiles, food processing, tourism.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in France is $2,591,170 billion. Each year, consumers spend around $1,553,253 million. The ratio of consumer spending to GDP in France is 0%, and the ratio of consumer spending to the world consumer market is 3.61. The corporate tax in France is set at 33.3%. Personal income tax ranges from 5.5% to 45%, depending on your specific situation and income level. VAT in France is 20%. To read more click on economy of France.
Infrastructure of France
Infrastructure quality in France is rated to be at 3.98. It indicates a good quality - roads, railroad, ports and other facilities are adapted and regularly maintained to handle high levels of traffic at all times, as well as most probably there are special facilities for handling high intensity and/or special traffic or vehicles (e.g. motorways a.k.a. autobahns and deepwater ports).
In France, 100% of the population has access to electricity. There are 17,266,000 internet hosts in France. France has 464 airports nationwide.
The logistics performance index of France is 3.85. It indicates a good performance - the logistics system is well prepared and organised, shipments mostly arrive on time and do not suffer damage, and the infrastructure is ready to handle even unpredictably big amounts of traffic as long as it is not overwhelming.
Tracking possibilities for shipments are rated at 3.89. It indicates a good performance - the tracking systems provide detailed and up-to-date information about most of the parameters of shipments, as well as often transcend national (both political and linguisitc) barriers and may be qualified as international shipment tracking systems.
To read more click on infrastructure of France.
Politics of France
France, is a unitary semi-presidential constitutional republic. With regard to political and civil freedoms, France is 1. Citizens in France experience total freedom. The majority of countries in which citizens enjoy expansive civil liberties and political freedoms are representative democracies, in which officials are directly elected by citizens to advocate for their needs and desires. Free countries are often bolstered by healthy economies and high-functioning governments. The head of the government is Emmanuel Macron.
According to the World Bank Group, the government effectiveness index of France is 1.4. This indicates that the government of France is effective. Citizens enjoy well-organized public and civil services, and government efficiency is high. While some services may be lacking in certain areas, the overall environment fostered by government legislation is favorable.In France, the legislative power is vested in a Parliament. The Global Peace Index (GPI) for France is 1.742. The strength of legal rights index for France is 4. Overall, it is considered to be rather inadequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient. France is a member of the United Nations (UN). On 24 October 1945, it joined the UN at it inception date as a full member state. France is one of the original UN member states who founded the organization. France is a member of the European Union (EU). On 24 October 1945, it joined the EU as a full member state. France is a member of the World Bank. To read more click on politics of France.
Environment of France
France emits 5.2 metric tons per capita of CO2. 246640 km² of France's territory is covered in forests. and forest land comprises 38% of all the land in the country. To read more click on environment of France.
Company formation in France
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in France.
When establishing a company in France, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of France that will affect the establishment and growth of one's business. Contact us or click on company formation in France to read additional information when setting up a business.
Bank account opening in France
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in France. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in France, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in France or contact us.