Brazil Breaks Record for Opening Companies in Q1, Says SERASA

RIO DE JANEIRO, BRAZIL – A total of 889,003 new companies were created in the first quarter of 2020, according to data from SERASA Experian (information services to support businesses). The number is the highest since official records began in 2010.

The study, entitled “Company Formation Indicator”, shows that the volume of new companies opened in the first three months of this year is 17.1 percent higher than . . .

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