In the 1st quarter 2017

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 1st quarter of 2017, the number of formed corporations headquartered in the Autonomous Region of Madeira (277) was higher than the number of dissolved corporations (154), which resulted in a positive balance between the formation and dissolution of corporations (+123).

sociedades 1t2017 eng

The data broken down by economic activity show that the most pronounced positive balance was observed in “Wholesale and retail trade; repair of motor vehicles and motorcycles” (+29), followed by “Accommodation and food service activities” (+20), “Information and communication activities” (+15), “Consultancy, scientific and technical activities” (+13) and “Real estate activities” (+10). Inversely, a negative balance was recorded only in the “Water collection, treatment and distribution; sewerage, waste management and remediation activities” (-1).