In the 2^nd quarter 2019

Balance between formed and dissolved corporations was positive (+141)

According to the data provided to Statistics Portugal by the Directorate General of the Policy of Justice, in the 2^nd quarter of 2019, the number of formed corporations headquartered in the Autonomous Region of Madeira (250) was higher than the number of dissolved corporations (109), which resulted in a positive balance between the formation and dissolution of corporations (+141). Compared to the year-ago quarter, the number of formed corporations went down by 18 while the number of dissolved corporations decreased by 81.

The data broken down by economic activity show that the most pronounced positive balance was observed in “Accommodation and food service activities” (+29), followed by “Real estate activities“ (+18), “Wholesale and retail trade; repair of motor vehicles and motorcycles”(+17), “Consultancy, scientific and technical activities” (+15), “Administrative and support service activities” and “Human health and social work activities” (+10, in both activities). Negative balances were not recorded in this quarter.

The balance between formed and dissolved corporations in the January to June 2019 period was +275 (593 formed corporations and 318 dissolved).

During the first six months of the year, the ratio between formed and dissolved corporations stood at 1.86, below national average (3.03).

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