Most of the companies created in 2022 are start-ups led by women.  REUTERS
Most of the companies created in 2022 are start-ups led by women. REUTERS

During 2022 they were created in Colombia 310,731 new companies1% more than in 2021 when 307,679 productive units were born.

This is clear from the Report on the Dynamics of Business Creation carried out by the Colombian Confederation of Chambers of Commerce (confecámaras), based on information from the Single Business and Social Registry (Rues), which consolidates information from the commercial register of the 57 Chambers of Commerce in the country.

Of the total number of new companies registered, 73.8% correspond to natural people and 26.2% to societies.

“It is important to note that the companies grew 3.1% compared to 2021, going from 78,880 in 2021 to 81,350 in 2022. On the other hand, the registrations of natural persons went from 228,799 to 229,381, which represents a positive variation of 0 3%”, indicated Confecámaras.

Another fact to highlight is that 62.5% of the companies of natural persons created in 2022 are led by women which shows that the public policies implemented and the support of entities such as the Chambers of Commerce female entrepreneurship had positive effects.

According to the entity, the societies they grew 3.1% compared to 2021, going from 78,880 in 2021 to 81,350 in 2022. Services It was the sector that contributed the most to annual growth with a growth of 5.9%, since it went from 124,378 units in 2021 to 131,664 units in 2022.

Meanwhile, the subsectors that grew the most were sale of alcoholic beverages for consumption within the establishment (14.5%)hairdressing and other beauty treatments (23.4%), and other types of accommodation for visitors (80.3%).

According to the size of the company measured by the value of its assets, it is evident that the new productive units are made up of microenterprises (99.6%), followed by small businesses (0.4%). In turn, 48.9% of companies for the period from January to December 2022 created at least one job.

In turn, the three sectors with the greatest participation in job creation are wholesale and retail trade and vehicle repair (33.3%), accommodation and food services (15.7%) and manufacturing industries (11.3%).

In what has to do with wholesale and retail trade and vehicle repair, it was marked out especially in the subsectors of retail trade activities of food, beverages or tobacco with 11.9%, clothing and its accessories with 7.1%, as well as retail trade of pharmaceutical and medicinal products with 7%.

Similarly, for accommodation and food services the contribution is concentrated in activities of sale to the table of prepared meals (2.6%), sale of alcoholic beverages for consumption within the establishment (14.5%) and other types of accommodation (80.3%)

And in relation to manufacturing industries The subsectors of clothing manufacturing stand out at 16.8%, manufacturing of jewelry, costume jewelery and related items at 1.7% and manufacturing of metal products for structural use at 5.1%.

“Colombia needs new companies, but also that existing ones last over time. For this, he noted that the Chambers of Commerce accompany businessmen of all sizes so that they are increasingly competitive, grow and strengthen themselves in key aspects for their development,” said the president of Confecámaras, Julián Domínguez.

The union leader highlighted that in 2022 more companies were created with a significant participation of those led by womenthanks to the public politics and to support programs in which the Chambers of Commerce play an important role.

Keep reading:

Business creation grew 2.3% in Colombia between January and September 2022
Active companies in Cundinamarca and Bogotá grew 6.3% in 2022
More than 172,000 companies were created in Colombia in the first half of 2022

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