Number New commercial companies fell 14.4% in July Up to a total of 7,180 companies compared to the same month of 2021, lowest figure since September last yearAccording to data released this Monday by the National Institute of Statistics (INE), more than 6,600 companies were founded.
Establishment of chain companies with the decline in July regression for four consecutive months On an annual basis, after falling 8.2% in April, 4.6% in May and 6.8% in June.
For the formation of 7,180 companies established in July, 318 million euros, 37.2% less In the same month of 2021, the average subscribed capital of €44,340 fell by 26.7% year-on-year.
While starting a company decreased in July, increased liquidation of companies by 8 percent up to a total of 1,624 compared to the same month last year.
In the first seven months of the year 3.3% fewer companies 7.7% more companies disappeared than in the same period in 2021. Of the 1,624 companies that closed their doors in July, 74.3% did this voluntarily, 13.7% due to mergers with other companies and the remaining 12% for other reasons.
20.6% of commercial companies established in the seventh month of the year were devoted to trade, 17.8% to real estate, finance and insurance activities. Among the companies liquidated on the basis of main economic activity, the highest rates are in the trade (18.6%) and real estate, finance and insurance (16.7%) sectors.
On the other hand, the number of commercial companies increased capital fell by 5.3% Up to 2,070 companies in July. Committed capital in these increases exceeded € 1,582 million, 63.9% lower than in July 2021, while the average capital was € 764,261, which was 61.9% less.
Madrid and Catalonia at the top
Communities forming more companies in July, Madrid (1,665 companies), Catalonia (1,391) and AndalusiaWhere 1,200 companies were founded. The regions with the fewest companies in the seventh month of the year were La Rioja (22), Navarra (32) and Cantabria (49).
All regions created fewer companies in July than in the same month of 2021. The biggest annual decreases were in La Rioja (-46.3), Asturias (-28.8), Castilla y León (-27.1%) and Galicia (-26.8%). ), the most moderate cuts were recorded in Cantabria (-2%) and the Balearic Islands and the Commonwealth of Valencia (-4.1% in both cases).
Join dissolved commercial companies, communities The highest dispersal in July was Madrid (555), Andalusia (247) and Valencian Community (173). In contrast, the autonomous communities with the fewest dissolved commercial companies were Navarra (5), La Rioja (6) and Cantabria (12).
Ten communities increased the number of business closures in July, mostly Murcia (+175), Asturias (+65%) and Cantabria (+50%), while seven communities, notably La Rioja (-50%), Basque Country (-32.7%) ) and Galicia (-30.1%).
19% decrease in monthly rate
Monthly (between July and June), new company formation decreased by 19.4%solutions fell 4.4%.
Either way, these are the biggest monthly drops in July in the last five years.