Business creation fell nearly 2% in 2022, to 100,197, according to the College of Registrars

The The establishment of companies in 2022 decreased by 1.9% compared to 2021, to 100,197 companiesaccording to data from the Mercantile Yearbook published this Tuesday by The college of registrars.

Despite the decline, the creation of chains of companies two consecutive years above 100,000 of the constitution, although he still remained significantly below their maximums historical, located approx 150,000 of the Constitution in 2006, Europa Press points out.

Trade, construction and hospitality in the foreground

Per sectorsthe creation of a company in shops and other services (non-financial, real estate or communications), with 43.4% of the total number; company statutes in construction and real estate serviceswith 23.7%and catering, with 10.9%.

Compared to the data for 2021, the sector in which the establishment of companies increased the most was in real estate, with a growth of 11.55 percent, followed by hospitality with a growth of 9.49 percent in facilities and construction with a growth of 3, 49 percent. .

Just the opposite, it decreased by 13.4% in agriculture, animal husbandry, forestry and fishing, 12.9% in transport and storage; and 7.9% in industry.

In terms of corporate form, limited liability companies continue to predominate, with 98.5% of the total, compared to joint-stock companies, which represent 0.4% of the total and remain at similar percentages to 2021.

The Association of Registers points out in its Yearbook that 162 branches of foreign companies registered in Spain were registered in 2022, compared to 174 registered in 2021.

An average of 54 days in face-to-face creation and 38 in telematics

He average processing time to establish companies face to face, understood as the period of time that passes from the submission of the application for registration of the name in the Central Commercial Register, passing through the deed of incorporation before the notary public, until the registration in the commercial register, was 54 daysslightly less than the average of 54.4 days the previous year.

Of those 54 days required to process the establishment of a company in 2022, seven corresponded to the period that elapses from application to registration in the relevant commercial register.

On its part, electronic processing took an average of 38 days, one more than in 2021. Five days passed between the telematic presentation and the registration in the relevant provincial trade register, as stated in the Yearbook.

Galicia maintains out-of-court payment agreements

Extinctions registered in 2022 increased by 9.5%, to 37,221 actions. The Association of Registrars specifies that these price increases have been implemented since 2014, when they were reduced by 10.2 percent due to the pandemic.

The proportion of extinction in relation to constitutions during 2022 was 37.2%.

In 2022, with the end of the bankruptcy moratorium, 5,248 bankruptcies were reached, 11.3% more than in 2021, still far from the more than 8,000 from the all-time high in 2013.

Out-of-court payment agreements for commercial companies processed in commercial registers, as provided for by Law 14/2013 and Royal Decree-Law 1/2015, registered 622 files in 2022, compared to 584 in 2021.

Galicia leads contracts on out-of-court payments with 108 cases; followed by Andalusia, with 106; Catalonia, with 93; and Madrid, with 90.

The association of registrars points out that it once again emphasizes the use of technology in the display of individual deposits in the commercial register. Online digital deposit accounted for 91.9% of the total amount, and face-to-face digital deposit accounted for 2.6%. For its part, the paper format remained at the remaining 5.5%. Thus, 95 out of 100 deposits to accounts were submitted digitally.

The number of accounts presented in 2022, corresponding to the annual accounts for the financial year 2021, decreased by 4.4% compared to the previous year, to 1,290,817 deposits.