Zurich, October 2, 2020

CRIF study of business start-ups: 15.3% more start-ups in the 3rd quarter

CRIF AG has looked at how many new businesses were established in the 3rd quarter and how many companies went out of business. All in all, 11,682 companies were set up in Switzerland during this time. This represents an increase of 15.3% compared with the previous year. 6,606 companies were also deleted from the Commercial Register during the same period. This is 988 fewer deletions than in the same period of the previous year, which is equivalent to a reduction of 13%.

Most of the new companies were registered in the Cantons of Zurich (2,095), Vaud (1,158) and Geneva (988).

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