The Canary Islands experienced a slight decline in the creation of business entities in March 2024

Limited liability companies remain the most popular in the Canary Islands.

Limited liability companies continue to be the most chosen legal form for the creation of businesses in the Canary Islands.

Companies might be opting for simpler and less costly legal forms, such as limited liability companies, to reduce their risks.

Despite the slight decline, the business outlook in the Canary Islands remains positive.

Despite the slight decline in the creation of business entities in March 2024, the business outlook in the Canary Islands remains positive. The region has experienced steady growth in the number of businesses in recent years, and this trend is expected to continue in the future.

The Government of the Canary Islands is working to support businesses.

The Government of the Canary Islands is working to support businesses and promote job creation in the region. Various measures have been implemented to help businesses, such as tax reductions and the creation of financing lines.

In conclusion, the number of business entities created in the Canary Islands experienced a slight decline in March 2024. However, the business outlook in the region remains positive and is expected to continue growing in the future.

For more information, consult ISTAC:

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