Innovation Comes First
Invest in France Agency
The best research tax credit in Europe
As a country’s economic standing is in part dependent on its capacity to encourage companies to develop their R&D activities, the French government completed a major reform of the French Research Tax Credit (Crédit d’Impôt Recherche”) in 2008, enhancing its terms for foreign companies and simplifying the surrounding procedures.
France’s Research Tax Credit is the best research and development tax incentive available in Europe.
For further information on the French Research Tax Credit please visit www.investinfrance.org
71 innovation clusters dedicated to R&D
Innovation clusters (pôles de compétitivité) bring leading businesses, universities and research institutions together in a single geographical area to work on collaborative cutting-edge R&D projects.
Advantages that clusters offer investors
- Valuable R&D partnership opportunities: Clusters offer foreign investors direct access to specialist networks of suppliers, subcontractors and clients in their sector. International investors are welcome to take part in cluster projects that are already underway and to initiate new ones. More than 500 foreign companies are already research partners in France’s clusters.
- Funding and tax credits for R&D: Financial benefits and tax credits that are available to French or European companies are also available to other foreign companies. Clusters have received a total of €2 billion in support between 2006 and 2008.
For further information on France’s 71 innovation clusters please visit www.investinfrance.org
