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Starting your first business in France? Here are the steps, and some great tips

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Re: Starting your first business in France? Here are the steps, and some great tips

#61
post #24

Some incorrections here and there in the article, I want to add some fixes: - I wouldn't say the exigence of having a bank account is humiliating for a company. The process of opening one can be, however. But you can pick up any bank you want in any EU country you want. They can't "discriminate" against say a Luxembourg bank if you think this bank will serve you better. That's the EU market- same currency, and they c…

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

> Don't forget that should you succeed you'd be regarded with jalousy and hatred.

While the rest of your article may have some exaggerations, that's true and that's what is shaping my decision. I can live with some insecurity, I can live with deadbeat companies trying to avoid paying their bills and laws preventing me from hiring - I'll just go solo and focus on foreign clients.

But if on top of that I'm hated and discriminated against (that's common when your name doesn't sound french) sorry but that's just too much.

BTW for the people who do not know France let me precise what the "military" mentioned by this poster is : there are squads or 3 to 5 soldiers, in full uniform with machine guns in their hand patrolling in some places. I don't know if it's supposed to make me feel safe or not. And you can be asked "your papers" by policemen for no reason that not looking exactly like what they expect. (I once took the train to work every day - when they did that for the 4th time straight, I just said I had forgotten them (I had!) and suggested they arrest me. they ducked out. That's just plain intimidation)

And BTW to those who say it's anecdotal evidence, just go live there! Try it for yourself. Vote with your feet. When it is in the media and your family is attacked and you see people being attacked too, all the while being hated for being successful maybe you'll sing a different tune.

I'm happy to be on the right side of the atlantic, in the FWI where making money is well regarded, people start business, and you generally feel safe. The population is quite diverse in the Caribbean, and - for now it's working just fine! There's not so much hate!

We certainly have unemployment and some stupid french laws to deal with, but with different tax brackets, and overall it's IHMHO not a bad choice.

PS: to those who downvote my original article, I tried to be factual and fully honest. You can hate the truth, but it remains the truth.

Re: Starting your first business in France? Here are the steps, and some great tips

#62
post #58

Earlier quoted context omitted.

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

What are you thoughts, or maybe anyone else's on South America? Argentina, Chile, or Brazil?

Honestly my 1st choice : Canada : close to the US, business friendly especially in provinces like AB.

Then in fact in my 2nd choice : South America.

Chile +++ but I've never been there. I considered spending some time to check for myself if for some reason I don't follow my 1st choice. I considered Uruguay too. Both seem like good place to start a business, at least just as good as Europe in my line of work. I'm just concerned about the "distance" to fly to North America and Europe (clients, family, etc) and the added costs. [I'm considering India too in this 2nd choices]

Brazil +, more violent crime than in France, but more opportunities.

Argentina : unknown. Seems to go down in flames, just like France (sorry for any argentinian, I'm just casting an opinion based on gut feeling without much proofs)

Re: Starting your first business in France? Here are the steps, and some great tips

#63
post #54

Earlier quoted context omitted.

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

The FUD is strong in this post again. Please keep your political unargumented opinions for yourself. > all the immigrants can't find job and suddenly they accelerate the fall of the GDP (due to all the wellfare-state benefits that have to be paid). In 2009, of the 600 billion euros spent by the french government on welfare [1], 45% were allocated towards elder care, 35% towards general health care, 10% towards family…

> few French don't realize how awesome health care is in France

And even fewer don't realize how good it can be in other countries too. Social security pays a percentage, the rest is up to you - you have a commercial insurance or a mutuelle. But some costs still are for your to pay.

I work in healthcare. There are countries where in fact you don't have to pay at all. They have delay issues (try Quebec!) but if you are arguing on just a cost basis that's better.

> we're a very long way from curfews and martial law

No, not very long. There are already riots every 3 to 4 years, large scale ones.

You have the left that's ignoring the economic situation, the right that's discredited and the far-right that's banking on the situation, saying things that may make sense to the common voter, but if they get in power won't be so good for the country (and for that I would accept a Godwin point)

We badly miss a libertarian party in France. There's no hope in sight. Between the socialist and the fascist, the poster has good reasons to be worried, even if there are some exaggerations. Just look at what happened to Chile, Spain etc.

If there was a way to make a profit on my bet, I'd bet on civil war in mainland france within 15 years - and edge my bet with a smaller one, curfew and martial law within 10 years.

Re: Starting your first business in France? Here are the steps, and some great tips

#64
post #37

Starting your business in France? Step 1, register it in the UK...

not entirely true : if you are a french resident Dual Taxes Treaty apply ... If you work from France or do business with French companies you'll end up paying some taxes to France.

if anyone got more details on this topic I'm interested, please pm.

Re: Starting your first business in France? Here are the steps, and some great tips

#65
post #24

Some incorrections here and there in the article, I want to add some fixes: - I wouldn't say the exigence of having a bank account is humiliating for a company. The process of opening one can be, however. But you can pick up any bank you want in any EU country you want. They can't "discriminate" against say a Luxembourg bank if you think this bank will serve you better. That's the EU market- same currency, and they c…

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

One of the problem in France is the dire state of the political discourse, full of empty diatribes and finger-pointing that prevent focus on real, practical problems with painful solutions. Sadly your commentary is an example of this. Immigration is not a problem to the welfare state (it has been shown that new immigrants pay off for what they obtain) and socialists are not the only culprits when the welfare state you're complaining about takes its origin in conservative De Gaulle era and more than 2/3 of the national debt originates from years when right-wing governments were in power.

France needs to change its course, of course. Off the top of my head, I can cite two or three reforms that are badly needed: adopt the "flexicurity" Scandinavian system with flexible hiring/firing and great investment of the state in helping people finding job again, to reduce risks for employers and prevent people to fall in the shitty long-term unemployment; reform entirely the unfair and ineffective tax system to get rid of loopholes and reduce the tax rate and pay for welfare with progressive income tax instead of get money from poor worker's salary. These are centrists policies and despite all the shit thrown in political discourse right now, they have slightly better chance to be implemented by the current Socialist Party in power (which is very centrist in acts, albeit not in speech) than by what the main right wing party is currently heading to right now. But that's just my opinion.

Re: Starting your first business in France? Here are the steps, and some great tips

#66
post #24

Some incorrections here and there in the article, I want to add some fixes: - I wouldn't say the exigence of having a bank account is humiliating for a company. The process of opening one can be, however. But you can pick up any bank you want in any EU country you want. They can't "discriminate" against say a Luxembourg bank if you think this bank will serve you better. That's the EU market- same currency, and they c…

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

"The military are already in charge of subway stations and doing surveillance in front of important buildings (like Notre Dame). There are only going to be more and more of them. If the situation gets worse I expect the "couvre feu" to be put in place in big cities."

This is because of the war in Mali, and 'vigipirate' protective plan. Your rant could be interesting, but unfortunately, it plays facts instead of trying to understand them.

Re: Starting your first business in France? Here are the steps, and some great tips

#67
post #48
post #24

Some incorrections here and there in the article, I want to add some fixes: - I wouldn't say the exigence of having a bank account is humiliating for a company. The process of opening one can be, however. But you can pick up any bank you want in any EU country you want. They can't "discriminate" against say a Luxembourg bank if you think this bank will serve you better. That's the EU market- same currency, and they c…

>last year at the same time a guy was shooting down schoolchildren and their teacher, because they were jewish. A once in decades terrorist incident. I could use the same argument to say that Oslo is orders of magnitude unsafer than Toulouse. Talk about anecdotal evidence...

I feel like adding another anecdotal fact: we're a startup in Toulouse and NY, and we love Toulouse, great city for both daily life and business (think Airbus etc...).

Re: Starting your first business in France? Here are the steps, and some great tips

#68
post #61

Earlier quoted context omitted.

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

> Don't forget that should you succeed you'd be regarded with jalousy and hatred. While the rest of your article may have some exaggerations, that's true and that's what is shaping my decision. I can live with some insecurity, I can live with deadbeat companies trying to avoid paying their bills and laws preventing me from hiring - I'll just go solo and focus on foreign clients. But if on top of that I'm hated and di…

I live there, just next to the train station that you describe as being in a war state, and while there are worrying incidents in the outskirts and suspicious neighbourhoods, center Paris is by far the safest city I've ever lived in, and the only one where my women friends feel safe enough to walk alone at 3am. If we're playing the anedoctal evidence game, the only place I was ever seriously threatened ("I will kill you", at gunpoint and with evil eyes) was in your beloved Caribbean, in the beautiful island of Saint Lucia.

Re: Starting your first business in France? Here are the steps, and some great tips

#69

Earlier quoted context omitted.

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

One of the problem in France is the dire state of the political discourse, full of empty diatribes and finger-pointing that prevent focus on real, practical problems with painful solutions. Sadly your commentary is an example of this. Immigration is not a problem to the welfare state (it has been shown that new immigrants pay off for what they obtain) and socialists are not the only culprits when the welfare state yo…

This is the single most insightful comment in this thread.

That's close to what the Economist said on that issue - the socialists have the political power to make such reports.

These are centrist reforms - partly libertarian, partly social, but given the current status of France they are among the only possible solutions.

Regarding immigration, it's not a problem when it's selected immigration like some country do - say Canada. Immigration is a problem if you are welcoming workers with little education, who come from social or religious group who holds their beliefs are superior and better than anyone else's, and are more likely to develop hatred towards the host country and grow that hate when they are forced into a social net they have no hope of escaping - and that'll also be forced on their kids due to racism etc.

How good could it be for say Isreal to welcome immigration in open arms from say Iran ? I'm not talking of their nuclear scientists, remember- unselective immigration. IMHO, it wouldn't be good at all, which may be why they are not doing it :-)

Re: Starting your first business in France? Here are the steps, and some great tips

#70
post #61

Earlier quoted context omitted.

You are 100% spot on. I moved to Belgium (like many "wealthy" french people do) and will probably move further away. The situation in the eurozone is really degrading quickly: it's not gonna get better with the second state default of Greece and the 50% unemployment amongst young people in Spain. Portugal, Italy and France (Greece is economically dead as of now) are on life support. France let way too many people in…

> Don't forget that should you succeed you'd be regarded with jalousy and hatred. While the rest of your article may have some exaggerations, that's true and that's what is shaping my decision. I can live with some insecurity, I can live with deadbeat companies trying to avoid paying their bills and laws preventing me from hiring - I'll just go solo and focus on foreign clients. But if on top of that I'm hated and di…

I've met the militairy police in Paris as well. I was obviously not French (way too tall for the average French guy, can't talk the language and not wearing French-looking clothes). Intimidating bunch. One even flipped open his holster holding his pistol before talking to me in front of the subway. Couldn't understand a word he said and he wasn't really willing to talk English. Let me go on my way again. I kept thinking 'what are you going to do with a machine gun in a crowded subway? Shoot everybody?'
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