SANTA CRUZ DE TENERIFE/MADRID, May 9. (EUROPE PRESS) –
The Canary Islands registered the incorporation of 411 companies last April, which represents 20.2% more if compared to the same month of the previous year, when 342 new companies were incorporated in the Canary Islands, according to data from the College of Registrars. from Spain.
At the national level, constitutions increased 2.2% in April over the same period of the previous year. In 2023, four consecutive months of increases are confirmed, a recovery that began in the last four-month period of last year, which alternated positive and negative data after five months of consecutive falls. 8,807 companies have been created, compared to 8,615 in the same month of the previous year. The Autonomous Communities of Andalusia, Catalonia and Madrid jointly constituted almost six out of every ten companies created.
Company incorporations increased by 2.2% in April compared to the same month of the previous year, up to a total of 8,807 companies, thus confirming four consecutive months of increase in 2023. This recovery began in the last four-month period of 2022, when positive and negative data alternated, after five consecutive months of falls.
By autonomous community, six out of every ten new companies in April were set up in Madrid, Catalonia and Andalusia. Nine regions cut the number of companies created in April in the interannual rate, especially Extremadura, Cantabria and Galicia. In contrast, eight raised the constitution of companies, mainly Castilla y León, the Valencian Community and the Canary Islands.
CAPITAL INCREASES
Capital increase operations, for their part, fell by 0.6% last April in the interannual rate, after the increases registered between January and March. In 2022, increases were recorded between August and November, closing the year with a fall of 2.3% in December.
By autonomous communities, Madrid, with 644 extensions (+3.4%) and Catalonia, with 485 (-4.5%), stand out for their higher volume from the Association of Registrars. In the case of the Canary Islands, capital increase operations decreased by 23.5%, from 85 to 65.
BANKRUPTCY
On the islands, bankruptcy proceedings reached 8 in April, 46.7% less than in the same month of the previous year, when 15 bankruptcies were registered. At the national level, bankruptcy proceedings reached the figure of 291 in April, which represents an interannual decrease of 25.6%. However, as the College of Registrars have stressed, this figure is affected by the last strike by lawyers from the administration of Justice.
Madrid, Catalonia and the Valencian Community gather six out of every ten contests presented. As for the voluntary and necessary, the first added 217 registrations in April (-27.4%) and the second, 74 (-19.6%).
From the College of Registrars they have highlighted the increase in bankruptcies during the fourth quarter of 2022, with a rise of 42.2%. Last January there were still increases (+12.6%), but since February the figure has decreased, possibly due to the lawyers’ strike.
