27-10-2016 - In the 3rd quarter 2016, the balance between formed and dissolved corporations was positive

In the 3rd quarter 2016

Balance between formed and dissolved corporations was positive

According to the data provided to Statistics Portugal by the Directorate General of the Policy of Justice, in the 3rd quarter of 2016, the number of formed corporations headquartered in the Autonomous Region of Madeira (213) was higher than the number of dissolved corporations (165), which resulted in a positive balance between the formation and dissolution of corporations (+48).

sociedades 3t2016ENG

The data broken down by economic activity show that the most pronounced positive balance was observed in “Accommodation and food service activities” (+20), followed by “Real estate activities “ (+13) and “Wholesale and retail trade; repair of motor vehicles and motorcycles” (+11). Inversely, negative balances were recorded in “Construction” (-14), “Transportation and storage” (-14) and “Financial and insurance activities” (-6).

The balance between formed and dissolved corporations in the January to September 2016 period was +70 (669 formed corporations and 599 dissolved).