Foundation Report January: 4000-mark cracked at the beginning of the year
In January 2024, 4276 new companies were founded nationwide in Switzerland. The lively start to the new year represented an increase of 3.43% compared to the previous year and a decrease of 8.90% compared to the previous month of December.
The Romandie region starts off strong
In Romandie, there were 1196 new startups, allowing the region to score a 12.72 percentage point increase compared to January 2023, with a decrease of 7.79% compared to December 2023. In the canton of Vaud, 422 companies were founded, corresponding to a decrease of 2.99% compared to December 2023 and an increase of 4.46% compared to last January.
Eastern Switzerland presented 565 new companies, resulting in a change of -9.46% compared to the previous month and a gain of 1.25% compared to the previous year. A similar picture was seen in Northwestern Switzerland, with a loss of 7.46 percentage points compared to December 2023 and an increase of 3.31% compared to January of the previous year.
Slight declines in Zurich and Ticino
In Zurich, 766 new companies were registered in the commercial register, representing a slight decrease compared to the previous month, which was 3.40%. In January of the previous year, there were still 775 startups, resulting in a decrease of 1.16% compared to the previous year.
Similarly, Ticino showed only a small change. There were 189 new companies founded, corresponding to a decrease of 3.57% compared to the previous month and 1.56% compared to the previous year.
Decline in Central Switzerland
Central Switzerland recorded a particularly large decrease in January compared to the previous month, as it was 21.01%, resulting in 530 new companies being founded. Compared to January 2023, the region lost 3.81%.
In the canton of Zug, the strongest in terms of founding, there were 193 entries in the commercial register, representing a change of -19.58% compared to December 2023 and -18.22% compared to January 2023.
Outlook
The number of company formations in January 2024, with a total of 4276, was 3.34% higher than the value of the previous January. Thus, the 4000-mark has been cracked, raising hopes for a strong founding year.
