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The strength of the
Franco-American business relationship increases each day as
connections between enterprises and organizations continually expand
and diversify.
There are
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more than 2,423 French
companies in the US, providing
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more than
500 000 direct jobs and
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generating an estimated $160
billion turnover.
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more than 21,000 companies export
in the United States—1 exporter for every 5.
The Main French acquisitions in the US in 2003
took place in high-tech (Business Objects/Crystal Decisions Inc.;
Alcatel/TiMetra), marketing services (Taylor Nelson Sofres/NFO
WorldGroup Inc.), and the chemicals industry (Rhône Capital
LLC/Alcoa Specialty Chemicals). California stands out as the state
hosting the most French-owned U.S. affiliates subsidiaries with the
most employment.
Because U.S and
European systems are completely different in terms of
statutory regulations, financing, marketing and employment, running
a business in U.S requires continual vigilance and an active
response to challenges--both internal and external. Success results
from a variety of factors including careful planning, solid business
management techniques, and creative problem solving.
All these factors depend on knowledge and
skills that can be learned and developed. In some cases it is better
to consult professionals for greater expertise. Free and low-cost
assistance is available from a number of organizations and agencies.
This document provides a wealth of information
and resources for business entrepreneurs, owners, and managers who
have arrived in California from France and intend to start a
business. The contents of this guide are the fundamental elements
for any French entrepreneur to know while making a first business
step in California.
The overwhelming strength of this document lies
in its links to further information that provides numerous,
up-to-date resources, helpful reminders, and contact with legal
professionals, established firms, and appropriate public departments
that will help you to complete each section appropriately.
The
information on this site is not intended to constitute legal advice
or to substitute for obtaining legal advice from an attorney
licensed in your state. This web site is not intended to be
advertising under applicable laws and ethical rules. These
materials have been prepared by the French American Chamber of
Commerce with the expertise of our staff and members for
informational purposes only and are not legal advice. Anyone
viewing the information should not act upon it without seeking
professional counsel. The information contained in this website is
provided only as general information which may or may not reflect
the most current legal developments.
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Start
your business