The ISO code of French Polynesia is PF according to the ISO 3166 standard. The local name of the country is Polynésie Française. French Polynesia capital city is Papeete. People in French Polynesia speak the French language. In the year 1842, French Polynesia emerged as a sovereign political entity.
French Polynesia has different time zones. They are UTC -09:00 (GAMT - Gambier Time), UTC -09:30 (MART - Marquesas Time), UTC -10:00 (TAHT - Tahiti time).The internet country code top-level domain (ccTLD) for French Polynesia is .pf. The International dialing code for French Polynesia is 689. People in French Polynesia drive on the right side of the road. Total land area of French Polynesia is 4,167 km² (approx. 1,609 mi²). French Polynesia is not a landlocked country. It means that is is bordered by at least one major body of water.
French Polynesia is located in Oceania. French Polynesia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Doing business in French Polynesia
We offer various corporate services in French Polynesia jurisdiction. These services can serve both, people coming from French Polynesia and foreigners. If you plan on doing business in French Polynesia you might be interested in contacting us.
To find out about starting your business in French Polynesia click on company formation in French Polynesia.
To find out how to open a bank account in French Polynesia and moreover what type of account Confidus Solutions suggests to create, please click on bank account in French Polynesia.
Choose preferred service below or continue reading to find out more about French Polynesia.
Demographics of French Polynesia
The total population of French Polynesia is 285,859 people. In French Polynesia, the population density is 76 people per square kilometer (198 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for French Polynesia is 0. French Polynesia has approximately 30058 foreign immigrants. The median age is approximately 30.6 years. In French Polynesia, 52.88 in every 100 people use internet.
The majority religion of French Polynesia is Christianity, French Polynesia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of French Polynesia.
Culture of French Polynesia
People in French Polynesia speak the French language. According to data on inbound tourists in French Polynesia, 164,000 tourists arrive in the country each year. The first McDonalds in French Polynesia was opened on 10 December 1996, and it was located in Tahiti. One of the most popular national dishes of French Polynesia is poisson cru. To read more click on culture of French Polynesia.
Geography of French Polynesia
French Polynesia is considered to be a large nation because of its total area. Its total land area is 4,167 km² (approx. 1,609 mi²). French Polynesia is located in Oceania. Its capital city is Papeete. French Polynesia has no land borders.
The highest point of French Polynesia is Mont Orohena, with its official height being 2241 m (7,353 ft). Including land mass and EEZ, the total area of French Polynesia is approximately 4,167 km² (~1,609 mi²). The most notable natural resources found in French Polynesia are timber, fish, cobalt, hydropower.To read more click on geography of French Polynesia.
Economy of French Polynesia
The currency of the country is cfp franc. The symbol used for this currency is Fr, and it is abbreviated as XPF. 20.8% of population in the country are unemployed. The total number of unemployed people in French Polynesia is 59,459. Each year, French Polynesia exports around $0.2 billion and imports roughly $2.2 billion. The Gini Index of the country is 39.67. French Polynesia has a government debt of 17% of the country's Gross Domestic Product (GDP), as assessed in 2013. French Polynesia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, pearls, agricultural processing, handicrafts, phosphates.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in French Polynesia is $7 billion. Each year, consumers spend around $4,640 million. The ratio of consumer spending to GDP in French Polynesia is 0%, and the ratio of consumer spending to the world consumer market is 0.0134. The corporate tax in French Polynesia is set at 40%. VAT in French Polynesia is 16%. To read more click on economy of French Polynesia.
Infrastructure of French Polynesia
In French Polynesia, 59.3% of the population has access to electricity. There are 37,949 internet hosts in French Polynesia. French Polynesia has 54 airports nationwide.
To read more click on infrastructure of French Polynesia.
Politics of French Polynesia
French Polynesia, is a dependent territory. The head of the government is Emmanuel Macron.
In French Polynesia, the legislative power is vested in a Parliament. To read more click on politics of French Polynesia.
Environment of French Polynesia
French Polynesia emits 3.2 metric tons per capita of CO2. To read more click on environment of French Polynesia.
Company formation in French Polynesia
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in French Polynesia.
When establishing a company in French Polynesia, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of French Polynesia that will affect the establishment and growth of one's business. Contact us or click on company formation in French Polynesia to read additional information when setting up a business.
Bank account opening in French Polynesia
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in French Polynesia. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in French Polynesia, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in French Polynesia or contact us.