Main results
- The number of mercantile companies increased by 8.8% in January compared to the same month in 2025.
- The number of dissolved companies fell by 0.3% year-on-year.
In January, 11,623 mercantile companies were incorporated, 8.8% more than in the same month in 2025. The subscribed capital for incorporation recorded an annual increase of 30.5% and the average capital subscribed (56,734 euros) increased by 19.9%.
On the other hand, 3,624 companies increased their capital, 1.0% fewer than in January 2025. The subscribed capital in the increases decreased by 7.9%.
The number of dissolved mercantile companies fell by 0.3% in the annual rate. 88.5% of them did so voluntarily.
19.9% of the mercantile companies created in January were engaged in Real Estate, Finance and Insurance and 14.8% in Trade. As for dissolved companies, 19.8% were engaged in Trade and 14.9% in Construction.
Percentage
Percentage
The category according its economic activity with the largest subscribed capital of mercantile companies incorporated was Real estate, financial and insurance, with 456.06 million euros. In turn, Information and communications companies had the lowest capital, with 6.42 million.
Thousands of euros
La Rioja (48.4%), Región de Murcia (46.3%) and Illes Balears (40.5%) had the highest annual increases in the number of mercantile companies created in January.
In turn, Cantabria (-25.2%), Aragón (-19.2%) and Canarias (-18.0%) registered the sharpest declines.
Percentage
The data for 2026 are provisional and will be reviewed when the data for the same period in 2027 are published. All the results of this operation are available at INEbase.
In accordance with the Commission's Delegated Regulation (EU) 2023/137 the INE has begun to work on incorporating the new National Classification of Economic Activities CNAE-2025 in all its statistical operations.
In the case of Mercantile Companies, the first publication of results with CNAE-2025 will take place in March 2028.
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.