Metropolitan France is regarded as L’Hexagone is diverse, ideally situated and prosperous leather export market for Turkish organization (Gundogdu et al., 2016). It can be considered as stepping stone within other markets of Eurozone.
In numerous ways the market of France is similar to the neighboring markets. This implies if the product is successful in France, there is high likeliness that the surrounding nations will reflect demand for the product. Turkish organization in concern needs to reassure their quality, reliability along with the price. It is viewed that in certain cases, there can be resistance in operating the organization within France apart from the issues of culture and language (Unal, 2016). It is to further consider that the payment conditions are factored within the prices. Transactions that take place from one business to another can range from immediate payout on products receiving to an arranged payment of 60 days. There are standardized terms of payment with the public authorities within the time frame of maximum 30 days.
There is significant bureaucracy included in application for governmental tenders in France. However, the rewards that are offered usually are considerably high. Herein, applying or winning a tender is factor on providing attestation fiscale at sociale. This implies that organization applying for tender proves that it is updated in regards with the tax payment.
DGCCRF is the body of regulations looking within the business competition, protection of consumer and fraud. As far as the agreements of trade are concerned, it is to consider that the France is a member of World Trade Organization and EU (Unal, 2016). However, the products manufactured in UK only are import duties exempt.
There are certain technical regulations and standards. It is to be considered by Elibol that the packaging and products fulfill the standards of EU. The association of Francaise de Normalisation (AFNOR) is responsible behind assessment, standardization and assessment while DGCCRF is the regulating body for products labelling entering in France. It is to ensure that the labelling is translated in French. Furthermore, the French version needs to be succinctly visible if multiple languages are used on the labelling.
There is another challenge concerning the Intellectual property (IP). The intellectual property’s primary forms such as design, patents, trademarks and copyrights protection will be present with the organization (Unal, 2016). However, the IP law is not harmonized within EU completely for the protection of patent. Hence, it is of grave importance for Elibol to ensure that the protection of intellectual property is covered by the French Patent Office.
Company tax is another factor as organizations registered in France as usually levied 33.33 per cent profits rate. Moreover, the internal European Union market is singular in form that enables free goods and services movement. Hence, there will not be an duties on import applicable.
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