France among cheapest business start-up spots

16th May 2006, Comments 0 comments

PARIS, May 16, 2006 (AFP) - Singapore, Canada and France are the most attractive locations for a business measured by start-up costs, a study of 128 cities and nine countries in Europe, North America and Asia showed on Tuesday.

PARIS, May 16, 2006 (AFP) - Singapore, Canada and France are the most attractive locations for a business measured by start-up costs, a study of 128 cities and nine countries in Europe, North America and Asia showed on Tuesday.

The study by accountancy firm KPMG measured locations against 27 cost criteria, including labour costs, taxes, property and prices of water, gas, electricity and transport.

Singapore was the cheapest, where costs were 22.3 percent lower than in the United States, followed by Canada, the highest placed member of the Group of Seven (G7) countries, and then France.

France was ahead of The Netherlands, fifth-placed Italy, and respectively Britain, the US, Japan and Germany.

The costs for companies were 4.4 percent lower in France than the US, the study found.

The five most attractive large cities in the world were Singapore, Toronto, Amsterdam, Turin in Italy and Chicago.

Copyright AFP

Subject: French news

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