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Brazil registers a record number of new companies

By Danielle Nader

In the first four months of 2023, the number of companies starting up in Brazil reached a new record, with 1,331,940 new registers, adding up to 21 million active companies in the national territory.

Of these companies, 93.7% are classified as micro or small companies.

This data comes from the Company Map, a report prepared by the Ministry of Development, Industry, Commerce, and Services (MDIC) in collaboration with the Federal Data Processing Service (Serpro).

Compared to the previous four-month period, the 21.8% increase in company openings between January and April this year . . .

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