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71% of new companies in the Bogota - Cundinamarca Region are created as individuals.
Created by legal nature
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Distribution of companies created by legal nature
Distribution of companies created by legal nature for the period January - December 2022
Legal order | Jan-dec (2019) | Jan-dec (2020) | Jan-dec (2021) | Jan-dec (2022) | Variation 2019 - 2022 | Variation 2020 - 2022 | Variation 2021 - 2022 |
Natural Person | 63.397 | 50.478 | 58.060 | 62.815 | -0,9% | 24,4% | 8,2% |
Judicial Person | 28.428 | 24.540 | 27.067 | 27.180 | -4,4% | 10,8% | 0,4% |
Total | 91.825 | 75.018 | 85.127 | 89.995 | -2,0% | 20,0% | 5,7% |
Analysis
According to the type of legal organization of the companies created, individuals represent the largest percentage (71%) of the entrepreneurial base in Bogota and the 59 municipalities of the CCB.Between January - December 2022 in Bogota and the 59 municipalities of the CCB's jurisdiction increased by 8.2% the total number of companies created by individuals and increased by 0.4% the number of partnerships compared to similar period of 2021.
Description
A company can be created as a individual or as a legal entity: the individual is the one that exercises this activity in a habitual and professional manner in a personal capacity and assumes all the rights and obligations of the commercial activity it exercises, while the legal entity or company is a fictitious person capable of exercising rights and contracting obligations, and of being represented judicially and extrajudicially. It is classified into: Limited Liability Company, Sole Proprietorship, Corporation, Limited Partnership, Limited Partnership, Limited Joint Stock Company, Simplified Joint Stock Company and Worker's Associative Company.
Source
Commercial Register, CCB, 2019 - 2020 – 2021 - 2022.
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