Main results
- The number of mercantile companies created decreased by 0.4% in January compared with the same month in 2024.
- The number of dissolved companies decreased by 0.8% year-on-year.
In January, 10,677 mercantile companies were incorporated, 0.4% less than in the same month in 2024. The subscribed capital for incorporation recorded an annual decrease of 44.6% and the average subscribed capital (47,326 euros) fell by 44.4%.
On the other hand, 3,661 companies increased their capital, 0.7% more than in January 2024. The subscribed capital in these increases rose by 10.5%.
The number of dissolved mercantile companies decreased by 0.8% in the annual rate. 88.5% of them did so voluntarily.
18.5% of the mercantile companies created in November were engaged in Real Estate, Finance and Insurance and 17.1% in Trade. As for dissolved companies, 20.5% were engaged in Trade and 16.0% in Construction.
Percentage
Percentage
The economic activity with the largest subscribed capital of mercantile companies incorporated was Real estate, financial and insurance, with 285.64 million euros. In turn, Information and communications companies had the lowest capital, with 5.20 million.
Thousands of euros
Cantabria (43.1%), Canarias (26.5%) and Aragón (9.4%) recorded the highest annual growth in the number of mercantile companies incorporated in January.
In turn, Illes Balears (-24.1%), Región de Murcia (-16.9%) and La Rioja (-13.9%) recorded the largest decreases.
Percentage
The data for 2025 are provisional and will be reviewed when the data for the same period of 2026 are published. All the results of this operation are available at INEbase.
The Mercantile Companies Statistics were created by Order of 30 April 1938. Their objective is to measure the demographics of companies, providing monthly information, at provincial and Autonomous Community level, on the companies incorporated, dissolved and those in which there have been changes in capital.
The source of information is the Central Mercantile Registry, which collects all provincial information on the registration of companies and entrepreneurs, as well as mercantile acts determined by law.
More information on the methodology and the standardised methodological report.
INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at the INE and the Code of Best Practice.