Record new businesses opened in NL last year

A record number of new businesses opened in the Netherlands last year. A total of 207 thousand companies started operating in 2019. That is 23 thousand more than opened in 2018, which was also a record year, according to figures Statistics Netherlands (CBS) published on February the 7th, 2020. This is the largest number of new companies since 2009.

Like in previous years, the most new businesses opened in the specialist business services sector, followed by trade and construction.

New online stores counted  for more than half of the new companies in trade, with 15 thousand new online stores opening in the Netherlands last year. The number of online stores in the Netherlands nearly doubled in a year.

Nearly 159 thousand one-man businesses were established in 2019. So three quarters of businesses that opened in the Netherlands last year are sole-proprietorships ,responsible for the business’ obligations and costs. Sole traders have been the largest group of start-up companies since 2007. Their share in the total business population has been and still is increasing. On January 1st of this year, two thirds of all companies in the Netherlands were one-man businesses, compared to just over half in 2007.

Last year there was also an increase in the number of businesses that closed. Over 115 thousand business closed their doors This is 8 percent more than in 2018. But on balance, the number of companies in the Netherlands grew. The Netherlands counted nearly 1.8 million active companies in July 2019.


[Source: CBS]

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