France: business creations approach one million in 2021, new historic record


The number of micro-enterprises created by auto-entrepreneurs has increased by 17%

Total business creations for the whole of 2021 amounted to 995,868, up 17.4% compared to 2020, setting a new historic record, INSEE reported on Friday. The number of micro-enterprises created by auto-entrepreneurs increased by 17%, and that of companies by 24.3%, while the number of traditional sole proprietorships increased by only 1.7%, specified the National Institute of Statistics in a press release.

The sharp rise in business start-ups last year can be explained by “the particularly low level of creations during the first confinement in 2020“, according to the INSEE press release, but that did not prevent 2020 from already being a record year.

Household services

In 2021, the business creations that have increased the most are those of household services, up 30%, financial activities and insurance (+30.6%), information and communication (+25.4% ) and transportation and warehousing (+24.9%). This last category notably includes home deliveries, which have exploded with the health crisis.

In December, business start-ups increased by 0.8%, after falling by 3.6% in November. Last month, the registrations of micro-entrepreneurs, which represent 64.4% of the total, increased by 2.7%, while those of traditional sole proprietorships fell by 2.4%. Creations rose sharply in December in business support (+5.3%) and in construction (+5.6%), further details INSEE.



Source link -93