Get down to business in France
For many people currently living in the UK France appears to be the obvious choice when thinking of starting up a business.
Be it a restaurant, a bed and breakfast, a hotel or a travel agency, France’s proximity and excellent transport links with the UK make it the ideal market to set up shop.
There are however a number of differences between the way businesses work in both countries and it is important to keep these in mind.
Perhaps most important is to do your research on whether your business idea will work and how many similar kinds of firm already exist in France.
This could include looking online or even getting in contact with someone running a business in your chosen sector to find out how they managed.
If there are very few such businesses around it may be because there isn’t enough French demand to support your idea but this should not be a problem with B&Bs or Gites.
Gites or holiday homes have proved particularly attractive as a business venture because many of them are exempt from French business law that requires new firms to register with the Chamber of Commerce and pay taxes and social security contributions from the moment they …
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Stumble it!We have just started a new section on 1st for French Property: French Businesses for Sale We often get asked - "how can we move to France but also earn an income?" "We love France but we cannot afford to retire yet - have you any suggestions?" So in the.....click title for details
France does have an equivalent to the UK's business rate called: taxe professionnelle. Rather like the UK, taxe professionnelle is calculated according to a national formula, but the calculation includes local factors. The formula includes region, department and commune factors so there is significant variation across France as each region,.....click title for details
