In October 2024, 394,710 new CNPJs were registered in the country, which equates, on average, to one new company every 5 seconds, as indicated by the Business Birth Indicator from Serasa Experian, Brazil’s first and largest datatech. This number represents a 16.5% increase compared to the same period in 2023. Check out the data for the last 12 months in the chart below:
“The dynamic business environment and policies supporting entrepreneurship have stimulated the opening of new businesses. The acceleration of digital transformation also allows many entrepreneurs to start their activities with less need for initial capital and face reduced entry barriers. However, to maintain the financial health of businesses, it is essential to have access to adequate resources, assertive guidance, and solid infrastructure to sustain long-term growth and avoid insolvency risks,” analyzes Serasa Experian economist Camila Abdelmalack.
Of the total companies opened in October, 290 thousand were in the ‘Services’ sector. Next were 75,737 in ‘Commerce,’ 23,929 in ‘Industry,’ and 4,963 in the ‘Others’ category. See the comparison in the following table:
Regarding legal nature, ‘Individual Microentrepreneurs’ (MEIs) represented the largest share of newly created companies, totaling 282,204. ‘Limited Liability Companies’ opened 89,158 units, ranking second. Next were 13,257 ‘Individual Companies’ and 10,091 new businesses classified as ‘Others.’
Southeast region opened over 200 thousand businesses
According to the survey, in October, the Southeast created 204,791 businesses, followed by the South (76,991). The Northeast registered 59,905 new companies, while the Midwest and North had 34,835 and 18,188, respectively. At the state level, São Paulo stood out among the Federal Units (UFs), with the creation of 123,782 CNPJs, leading the list. Check out the complete survey by Federal Units (UFs) below:
To check more information and the historical series of the indicator, click here.
Responsible credit uptake aids business survival
The reasons companies take credit are numerous: actually opening the business, having working capital, cash flow, or simply making an investment or improvement. To ensure this process is safe and does not become a problem due to payment incapacity, Serasa Experian offers products and services that assist entrepreneurs in the process: CNPJ monitoring services, debt renegotiation tools, and a blog with rich and enlightening content. Click here to learn more!
Methodology
For the Business Birth survey, the monthly quantity of new companies registered in the commercial boards of all Federal Units of Brazil was considered, as well as the monthly tally of CNPJs consulted for the first time in the Serasa Experian database.
