In 2019

Balance between formed and dissolved corporations was positive (+435)

According to the data provided to Statistics Portugal by the Directorate General of the Policy of Justice, in 2019, the number of formed corporations headquartered in the Autonomous Region of Madeira (1,059) was higher than the number of dissolved corporations (624), which resulted in a positive balance between the formation and dissolution of corporations (+435). Compared to the previous year, the number of formed corporations went up by 2 while the number of dissolved corporations dropped by 52. The number of formed corporations was the highest since 2005 and the balance between formed and dissolved corporation reached a record since 2009.

The data broken down by economic activity show that the most pronounced positive balance was observed in “Accommodation and food service activities” (+102), followed by “Consultancy, scientific and technical activities” (+67),  “Real estate activities” (+65) and “Human health and social work activities” (+57). Inversely, the only negative balances were recorded in “Financial and insurance activities” (-10) and  “Mining and quarrying” (-1).

In 2019, the ratio between formed and dissolved corporations stood at 1.70, below national average (2.79).

In the 4^th quarter 2019, the balance between formed and dissolved corporations was +26 (226 formed corporations and 200 dissolved).

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