The number of new registrations increased by 23.8% enterprises by services LOAD from Chamber of Commerce and Industry of Athens in the first quarter of 2023 compared to the corresponding period last year. On the other hand, deletions also recorded an increase of around 19.5%, while remaining significantly smaller than registrations.

Specifically, new business registrations between January and April 2023 were 3,102, up from 2,505 between January and April 2022, according to EBEA data released yesterday. The removals were 809, up from 677 last year.

The vast majority of new businesses are related to the provision of services and are mostly private enterprises. catering industry. In particular, 1,877 out of 3,102 new enterprises, i.e. 60.5%, are service enterprises. 31.5% or 978 enterprises are commercial, 167 or 5.38% are industrial and 80 enterprises belong to other categories. It is worth noting that none of the new companies established in the first quarter of 2023 is an export company, while, on the contrary, one of the 809 remote companies was in this category.

As for the exceptions, most of them, namely 349 out of 809 or 43.13%, are commercial enterprises, followed by service enterprises (342). 103 industrial enterprises and 14 other categories were also excluded.

Commenting on the EBEA data, EBEA President Sofia Kunenaki-Efraimoglu said: “The improvement in the balance of registrations-deletions confirms that entrepreneurship is positively affected by the reduction in the tax burden, the influx of foreign capital, as well as the presence of positive expectations about the future of the national economy. Entrepreneurship and investment-friendly policies are needed so as not to disrupt the existing positive climate. In addition, as has been established in the past, the practice of excessive taxation not only did not bring positive results to the economy, but in many cases acted as a deterrent to entrepreneurial initiative.

In the first quarter of 2022, the majority of new registrations, 1,555 out of 2,505, were for service businesses. There are also 702 commercial enterprises, 179 industrial enterprises, one export enterprise and 68 enterprises of other categories. Most of the exemptions, 295 out of 677, were for commercial enterprises.