Paris is among the three most important and influential cities in the world. Also, one of the most visited cities in the world and among the top 10 cities to live in. It is one of the largest inter-modal ports in the world and a major transportation hub in France. Paris is a global city, a thriving center of international trade and commerce, and a place where people of every nationality come to pursue their career.With respect to Research and Development, Paris is one of the major centres in the word. The Greater Paris Region is a leader in terms of R&D accounting for 7.5% of European expenditure on R&D on a European level. Besides, this is a city to be toured, The River Seine-is is a socializing hotspot with jaw dropping city and river views. Disneyland Paris is for the kid in all of us.

At world renowned Luxembourg Gardens, capture the perfect selfie at the tree-lined promenades, and revel in the virtual reality of Medici Fountain. Visit Louvre Museum, the world’s most visited museum, housing a collection of more than 1 million objects. Take a tour at the Champs-Elysee, Paris’s most famous street and has even been described as the most beautiful avenue in the world. Gasp at the Palace of Versailles with magnificent gardens and the Hall of Mirrors, Finally, visit the iconic symbol of Paris, one of the most photographed tourist attractions in the world, and much more to explore. R&D in Paris: France’s leading R&D center with 100,000 researchers.

The Greater Paris Region is a major center for French Research and Development and is the focus of over 40% of both R&D expenditure and staff. In 2011, €18.4 billion was spent on R&D in the Greater Paris Region, two thirds of which came from businesses. The total number of jobs in R&D stood at 150,000 including 100,000 researchers.In order to maintain and stimulate this regional strength, various initiatives have been undertaken by the State and the region: The creation of the “Credit d’Impôt Recherche” (CIR – Research tax credit) which aims to encourage Research and Development by allowing businesses to reduce their tax liabilities in line with their expenditure on R&D (experimental research, applied research and experimental development).

This tax credit reduces the amount of Corporation. Tax owed by a company and can account for up to 30% of annual expenditure on R&D. Establishment of “Clusters” dedicated to Research Technologies, in order to stimulate Research and encourage collaboration between public and private establishments. Various competitiveness centres have been established in the Greater Paris Region. Particularly worthy of note among the major centres is one in Sac-lay which is dedicated to new technologies and a health and bio-technology center to the South of the region between Villejuif and Evry. The CIR scheme is considered as very attractive for R&D investment (linked to the presence of major groups, innovative SMEs and SMIs public laboratories and student researchers) and aims to create a favorable business environment which should allow Paris to continue as a global center for Research over the coming years.