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Spain’s New Company Registrations Hit Highest June Total Since 2007

A surge in filings over the past three months coincides with a decline in average capital subscribed, signaling a move toward smaller start-ups.

Overview

  • June saw 10,964 new limited companies registered in Spain, a 15% increase from last year and the highest June figure since 2007.
  • Company incorporations have risen year-on-year for three straight months after gains of 0.3% in April and 36.9% in May.
  • Total capital subscribed for new firms fell by 6.2% to about €442.2 million while average capital per company dropped 18.4% to €40,332, suggesting more modestly funded ventures.
  • Corporate dissolutions edged up 1.4% to 1,582 in June, and filings for capital increases rose 4.3% even though total capital raised in those moves declined by 5.3%.
  • Regional performance varied sharply: Madrid led with 2,578 new firms, followed by Catalonia (1,950) and Andalusia (1,835), while Comunitat Valenciana posted a record 33.6% year-on-year jump and only Cantabria and Murcia saw declines.