History of France

France is a transcontinental sovereign state, whose metropolitan territory is located in Western Europe. The latter has land borders with Belgium, Luxembourg, Germany, Switzerland, Italy, Spain and the principalities of Andorra and Monaco, and has important maritime facades in the Atlantic, the Channel, the North Sea and the Mediterranean.

The economy of France is a social market economy based on private property. There has been a relatively strong state intervention since the end of the Second World War, although it has been in question since the 1980s. The French economy is mainly a service economy.

Good to know :

The standard tax rate of the IS is 331/3%.
The IS also has a reduced rate of 15% - for SMEs and under certain conditions.
The 15% applies on the lower portion to 38 120 € of profits for the companies of which:
the turnover is less than € 7.63 million,
the fully paid up capital is at least 75% owned by natural persons (or by a company applying this criterion).
Beyond 38 120 € of profit, the profits are subjected to the normal rate 33 1/3%.