Almost 42% more entities disappeared in Q1 2022 on annual basis

According to the data of the Ministry of Development and Technology, in the first quarter of this year, over 63,100 entries submitted applications for closing a business to the Central Register and Information on Business (CEIDG). This is almost 42 percent more than in the corresponding period of 2021, when there were about 44,600 such cases.

"These data are very disturbing. Such a high increase in applications for the closure of sole proprietorships was due to the fact that entrepreneurs did…