The Spanish Institute of National Statistics have collated figures from the mercantile registry for the incorporation of companies in Spain during May 2018.
The information released includes;
The data from the mercantile registry often confirms and reflects the general state of the economy and confidence levels.
During the month of May 2018 a total of 8,830 companies were formed throughout Spain.
This is a slight increase of 0.5% compared with May 2017.
The most common types of company entity in Spain are;
S.L. (sociedad limitada) with a minimum share capital of €3,000. This is a limited liability company similar to LLC in the US and a Ltd company in the UK.
S.A. (sociedad anónima) with a minimum share capital of €60,000. This is the equivalent of a Corporation in the US and a PLC in the UK.
Of the companies formed in May 2018 8,784 were S.L.s and 45 were S.A.s.
The average share capital for newly formed companies in May 2018 was €44,601.
In addition to new formations, some 2,565 companies increased their share capital.
The number of companies dissolved in May 2018 was 1,522.
Of these companies 1,085 were dissolved voluntarily, 182 concluded a merger and 255 for other reasons.
Spain is divided into 17 autonomous regions. The figures released by the Spanish Institute of National Statistics provides a breakdown by region.
The number of companies formed by region was as follows;
A breakdown of companies formed by business sector is as follows;
The business sectors experiencing the greatest amount of dissolved companies were commerce, construction, industry & energy.
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