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During the first half of 2026, 73,004 companies were incorporated in Spain, a figure representing an 11% increase on the same period last year, according to INFORMA's Business Demography Study . The 11,504 business creations in June remained virtually stable compared with the same month in 2025, with a slight 0.4% decline, although they were 1% higher than those recorded in May.
The capital invested to launch these companies reached 359 million euros in June, 40% less than in May and 1% below the figure for June last year. It was also the lowest figure since August 2025. Cumulatively, investment totalled €3.522 billion, up 18% on 2025. The three companies incorporated in June with the highest investment were Nicolas Beauty Group SL (€24 million) in Murcia, Changan Automobile Spain SL (€11 million) in Madrid and Cachorro Inversiones SL (€6 million) in Castellón.
Nathalie Gianese, Director of Research at Informa D&B, states: “Business creation rose by double digits in the first half, with 73,004 new companies, 11% more than in 2025”.
The companies registered in June involved the appointment of 13,607 administrators, highlighting the existence of streamlined governing bodies (with the sole administrator regime the most common). Women hold 22% of these positions.
In the High Technology sectors, 233 companies were created in June, 7% fewer than a year earlier, and the capital invested totalled €13 million, a 540% increase year over year. Year to date, incorporations in high technology rose 8% to 1,396, 2% of the total, and investment increased 72%, reaching €22.5 million.
In the first half, Madrid accounted for 22% of incorporations, with 15,803. It was followed by Catalonia with 14,288 (20%), and Andalusia with 12,078 (16.5%). Figures improved across all regions over these six months, with the exceptions of Ceuta, Melilla and the Canary Islands. The main increases in absolute terms were seen in Catalonia, up 1,717, the Valencian Community, up 1,437, and Andalusia, up 1,061.
In June, Madrid was once again the region with the most business creations, at 2,509, followed by Catalonia (2,194) and Andalusia (1,880). The largest absolute reductions compared with June 2025 were recorded in Madrid and the Valencian Community, down 200 and 180 respectively, while Catalonia posted the most significant increase (+223).
As for capital invested, year to date Madrid totalled €913 million, up 89%, ahead of Catalonia, which reached €688 million, a 24% rise, and Andalusia, with €479 million, down 41% in this case. The increases in Madrid, up €428 million, and Castile and León, up €213 million, drove the overall rise. In June, Madrid also led investment with €77 million (+11%). The largest increase of the month was recorded in Aragon (+619%), up €23 million.
By sector, in the cumulative half-year, new companies were mainly concentrated in Construction and Real Estate Activities, with 18,712 incorporations, Business Services, with 11,243, and Trade, with 10,375. Together, the three accounted for 55% of the total, and Construction and Real Estate Activities alone represented 26%. The largest increases in absolute terms corresponded to Construction and Real Estate Activities (+1,916) and Financial Intermediation (+1,357), while Energy was the only one of the main sectors to reduce its figures, with 189 fewer business creations.
In June, the sector with the most incorporations was Construction and Real Estate Activities, with 2,968, although it fell 3% compared with the same month a year earlier. The most notable increase of the month was recorded in Financial Intermediation, adding 192 to reach 1,020 new companies, up 23%.
In terms of investment, Financial Intermediation accounted for the largest volume cumulatively, at €1.560 billion, up €717 million. Construction and Real Estate Activities followed with €898 million, although it fell 1.5%. The sharpest cumulative reduction corresponded to Healthcare, down €413 million. In June, Financial Intermediation once again led capital outlay, with €136 million (+14%), while Construction and Real Estate Activities totalled €108 million (-15%).
