Tax: up to 20%
Duties: up to 21%
Restricted items: N/A
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 1-2 Weeks
Best Carrier option: Freight Forwarder or Courier
Prominent Languages: French
The Complexities of Importing into France
Historically, France has experienced surprisingly slow growth in the Technology sector. While speculators blame the lack of innovation on cultural resistance, the absence of abundant Tech startups in France is more likely due to tax structures. In essence, French businesses are subject to high taxation and regulatory requirements imposed on companies as they grow, neither of which are conducive to thriving startups. Whatever the cause, France looks not only to be catching up but also to be surpassing much of the world as it edges closer to Tech Giant status. The catalyst for this change came after President Emmanuel Macron announced a massive French investment of capital into Tech companies in the hopes of developing more billion-euro startups. Macron also called on foreign Tech investors to look to France for investment opportunities. This should not be out of the realm of possibility as France’s stable economy and limited political unrest is a bright prospect for further investment by global Tech companies.
How TecEx Can Help You Import into France
Despite its location, importing into France is not without its challenges. For instance, complex compliance requirements and particularly high duty rates are just two factors potential investors need to consider. Cultural norms surrounding traditional working hours can also lead to delays which can be frustrating for time-sensitive shipments.
TecEx provides a bespoke and fully customizable IOR and DDP solution in France. By acting as the IOR, we mitigate all risks and responsibilities associated with international trade. We also handle all compliance needs on your behalf, conducting strict pre-compliance checks to ensure your goods are cleared first-time. Our team of professionals ensures there are no delays due to time or language differences. We provide real-time updates, allowing you to sit back and enjoy hassle-free DDP shipping.
Learn more about importing into Europe here!
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