Brazil

In Brazil, 1,331,940 companies were opened between January and April this year.

On average, opening a company in the first four months of the year took one day and six hours.Moreover, the total number of openings was 21.8% higher than in the previous four-month period and 1.6% lower than in 2022.According to the Ministry of Development, Industry, Commerce, and Services, over 21 million active CNPJs are nationwide.Of these, 93.7% are micro or small companies.

The data are contained in the Companies Map, prepared by the ministry in partnership with the Federal .

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