Business registration and bankruptcy methodology
I. Basic definitions
Business registration and bankruptcy data are prepared by CZSO within Business demography statistics. The indicator on business registrations and bankruptcies became an obligatory part of Business demography statistics in 2021 according to the Regulation (EU) 2019/2152 of the European Parliament and of the Council of 27 November 2019 on European business statistics, repealing 10 legal acts in the field of business statistics.
II. Data source
The data source for registrations is statistical business register (RES). RES collects information on data registrations from the Basic register of legal and natural units (ROS). RES is updated from ROS on daily basis. The data on bankruptcies are prepared from RES and the Insolvency Register maintained by the Ministry of Justic.
III. Basic and sample set creation, imputation and estimation of the unsurveyed part of the population
Business registration and bankruptcy statistics do not use statistical survey as a data source. The sources are Statistical Business Register and Insolvency Register.
The statistical population represents legal units with market activities of NACE Sections B to N, and P to R and divisions S95 and S9. The legal units that enter and is consequently deleted from the constitutive register during the same reference period are included in the population of business registrations.
The activities related to agriculture, fishery and forestry, public administration, defence or compulsory social security are not covered by these statistics as well as the activities of membership organisations, activities of households as employers and extra-territorial organisations and bodies.
IV. An overview of basic indicators published
Business registrations are the number of entered legal units in the constitutive register at any time during the certain reference period (quarter), according to the respective administrative or legal procedures.
Bankruptcies are number of legal units that have started the procedure of being declared bankrupt, by issuing a court declaration, at any time during the reference period (quarter), which is often provisional and does not always mean cessation of an activity.
V. Retrospective corrections, revisions
There are no corrections or revisions of these indicators.
In case the correction and revisions will be made, they will be published within 10 working days together with the explanatory notes.
VI. Comparability
1. Comparability in time
Data on registrations of the Czech Republic are prepared from the reference year of 2017 and they are comparable in time. Data on bankruptcies of Czech Republic are prepared from the reference year of 2021 and they are comparable in time.
2. Coherence with other indicators
The indicator of business registration methodologically differs from the indicator on creations of legal units. The legal units that are registered and consequently deleted from the constitutive register during the same reference period are excluded from the population of created legal units.
3. International comparability:
The business registration and bankruptcy statistics are produced according to Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statistics repealing 10 legal acts in the field of business statistics. The data are produced according to the internationally harmonised methodology. The internationally comparable data are published by Eurostat (see external link on international comparability).
VII. Seasonal adjustment
Not used.
VIII. Released data
Data are produced quarterly and published 48 days after each finished quarter of the year.
Results are published in:
1) in publication Catalogue of Products
2) Public database (link DataStat)
IX. Additional methodological information and external links
Data are produced 30 days after the end of the quarter. At that time only the information from constitutive administrative sources (public register, trade register) are available for assignment of economic activity code. Thus the assignment of economic activity may not be accurate or possible.
External links to the EU legislation:
External link to international comparable data:
Quarterly registrations of new businesses and declarations of bankruptcies - statistics