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Corporations & Limited Liability Formations

 

SPECIAL REPORT
on filings creating new
DOMESTIC FOR-PROFIT ORGANIZATIONS
and
INVENTORY OF EXISTING FOR-PROFIT ORGANIZATIONS
and
on filings licensing new
FOREIGN FOR-PROFIT ENTITIES
and
INVENTORY OF EXISTING FOREIGN ENTITIES ON RECORD

 

NEW ENTITIES CREATED

Type and Number of Entities Created

CY 94

%

CY 97

%

CY 98

%

Business corps 7281 6655 5867
Stat. Close corps 1051 1018 915
Cooperatives 11 12 16
Service corps 277 271 239
Stat. Close Svc corps 16 8 14
Corporations only 8636 76.5 7964 52.6 7051

44.6

Limited Liability Companies 2317 20.5 5830 38.6 7676 48.6
Limited Partnerships 340 3.0 364 2.4 296 1.8
Limited Liability Partnerships N/A 962 6.4 787 5.0
TOTAL Domestic Organizations formed 11293 15120 15810

 

EXISTING FOR-PROFIT ORGANIZATIONS ON RECORD

Type and Number of Entities on Record

12/94

%

12/97

%

12/98

%

Corporations only 93245 94.5 101434 82.9 105949 78.5
Limited Liability Companies 2074 2.1 14941 12.2 22621 16.8
Limited Partnerships 3314 3.4 4147 3.4 4424 3.2
Limited Liability Partnerships (Est.) N/A 1800 1.5 2000 1.5
TOTAL DOMESTIC FOR-PROFIT ORGANIZATIONS 98633 122322 134994

 

NEW FOREIGN ENTITIES LICENSED

Type and Number of Entities Licensed

CY 94

%

CY 97

%

CY 98

%

Business corps 1513 92.2 1798 79.8 1869 76.4
Limited Partnerships 86 5.2 124 5.5 95 3.9
Limited Liability Companies 43 2.6 319 14.2 460 18.8
Limited Liability Partnerships (Est.) N/A 11 0.5 22 0.9
TOTALS 1642 2252 2446

 

EXISTING FOREIGN ENTITIES ON RECORD

12/94

%

12/97

%

12/98

%

Business corps 11155 92.5 12528 88.2 13016 85.8
Limited Partnerships 855 7.1 1087 7.7 1134 7.5
Limited Liability Companies 43 0.4 570 4.0 956 6.3
Limited Liability Partnerships (Est.) N/A 25 0.1 50 0.4
TOTAL FOREIGN FOR-PROFIT ENTITIES 12053 14210 15156

 

Source: Department of Financial Institutions
Division of Corporate & Consumer Services
P O Box 7846, Madison WI 53707-7846

 

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