71 thousand 70 companies were created in Peru, between January and March of 2024

During the first quarter of 2024, the number of active companies registered in the Central Companies and Establishments Directory was 3 million 375 thousand 115 companies, a higher figure in 5.8% compared with the same quarter of 2023; this was informed by the National Institute of Statistics and Informatics (INEI) in the Technical Report Business Demography in Peru, being its main source the Taxpayer’s Register of the National Superintendency of Customs and Tax Administration (SUNAT).

Likewise, the INEI informed that there were created or reactivated (registered) 71 thousand 70 companies between January and March, meanwhile, 10 thousand 454 companies closed their activities, registering a net variation of 60 thousand 616 companies.

It is worth to mention that the registration rate, the one that relates companies created during the first quarter of 2024 with the stock companies at the end of the period, constituted 2.11% of the total; meanwhile that the company’s mortality rate was of 0.31% during the same period; therefore, there was a net variation rate of 1.80%.

The INEI informed, in the quarter under study, were created 71 thousand 70 companies, a figure higher in 1.7% compared to the same period of the last year.

The greater number of new or reactivated companies performed commercial activities and repair of automotive vehicles and motorcycle (outstanding the retail commerce), representing 42.8% of the del total of registrations, and other services, that grouped the 15.5%.

During the first quarter of 2024, the number of closure of companies registered a decrease of 1.5%, compared to the same period of the last year.

According to economic activity, the greater percentage of companies closed registered in Commerce and repair of automotive vehicles and motorcycles (52.1%), other services (12.7%), and Transportation and storage (10.4%).

During the first quarter of 2024 were created or reactivated 25 thousand 880 companies in Lima Metropolitan area, a figure that represented 36.4% of the total, which indicated that four out of ten companies started activities in the capital of the country.

In addition, 4 thousand 167 companies in Lima Metropolitan area were written off of their activities, which represented the 39.9% of the total of companies, which indicates that, of every ten companies written off in Peru, four are written off in the capital.

According to way of business organization, in the first quarter of 2024, natural persons with business represented the 61.0%, followed of those constituted as limited company (16.5%) and those that work under individual company of limited liability (14.0%), among the most significant.

In Peru, 43 thousand 364 natural persons registered their companies in the first quarter of 2024. Of this total, 22 thousand 948 are led by women, which represented the 52.9% of the total, showing a greater female participation in the conduction of this type of undertakings.

During the first quarter of 2024, in 20 departments was presented a greater participation of women that led companies that were registered by natural persons, outstanding Moquegua (62.7%), Ayacucho and Junín (58.1%), Tacna (56.8%), Cusco (56.2%), Ica (55.9%), Piura (55.1%), Arequipa (55.0%), among the most representatives.

On the other hand, it prevailed the leading of businesses on the part of men in the departments of Huancavelica (55.6%), Cajamarca (53.6%), Apurímac (53.2%), Madre de Dios (51.9%) and Pasco (50.6%).

According to economic activities, during the first quarter of the year 2024, men represented the greater percentage in the leading of undertakings of natural persons in productive units related to the exploitation of mines and quarries (79.1%); Construction and Transportation and storage (74.9% each one); Information and communications (69.2%); Sale and repair of vehicles (68.2%); and Agriculture, livestock, silviculture and fishing (63.2%).

In the areas of Beauty Salons (73.8%), Activities of attention of human health (67.5%), Activities of service of foods and beverages (62,6%), Retail trade (61.3%), Wholesale trade (57.0%), Real Estate activities (51.6%), and Accommodation activities (50.5%), was registered a greater representation of women.