All states and union territories
State data, September 2026
New companies in Goa, September 2026
64
new companies registered in September 2026
Up 5 (8.5%) from August's 59
Goa registered 64 new companies in September 2026, up 8.5% from 59 in August. It ranks 21st among the 27 states by new companies, the same place as in August. Across India, new companies rose 13.1% to 24,325.
- Rank among the 27 states
- 21st
- August: 21st
- Year to date
- 567
- January to September 2026, 21st among states
- Share of India
- 0.26%
- of India's new companies in September 2026; 0.28% this year
- Business birth rate
- 40.4
- new companies per million people, 3rd of 27 states; India 17.3
New companies by month
From January to September 2026, Goa registered 567 companies, 0.28% of India's 2,04,754, 21st among states for the year so far. Its busiest month was July 2026 (77); the quietest was June 2026 (37).
New companies registered in Goa each month. An MCA data centre fire on 5 June 2026 stopped incorporations for three days. Source: BBR Index by BizExpress, based on MCA monthly incorporation data.
| Month | Goa | India | Share of India |
|---|---|---|---|
| January | 76 | 23,269 | 0.33% |
| February | 55 | 24,136 | 0.23% |
| March | 72 | 22,320 | 0.32% |
| April | 62 | 21,737 | 0.29% |
| May | 65 | 21,859 | 0.30% |
| June | 37 | 19,372 | 0.19% |
| July | 77 | 26,225 | 0.29% |
| August | 59 | 21,511 | 0.27% |
| September | 64 | 24,325 | 0.26% |
| Total | 567 | 2,04,754 | 0.28% |
Each company is counted in the state or union territory whose Registrar of Companies (ROC) code appears in its Corporate Identification Number (CIN): the ROC with jurisdiction over its registered office. The MCA monthly files have no address column, and each ROC code maps to exactly one state or union territory. Counts are not adjusted for working days.
Where Goa ranks
Goa is 21st of the 27 states by new companies in September 2026 and 21st for the year so far. On business birth rate it is 3rd of 27 states, at 40.4 new companies per million people against 17.3 for India.
| State | Companies, Sep 2026 | Change on Aug | Rank | Business birth rate | Birth-rate rank | Division |
|---|---|---|---|---|---|---|
| Assam | 207 | −11 (−5.0%) | 19 | 5.7 | 23 | Challenger |
| Himachal Pradesh | 90 | No change | 20 | 12.0 | 12 | Challenger |
| Goa | 64 | +5 (+8.5%) | 21 | 40.4 | 3 | Emerging |
| Arunachal Pradesh | 18 | +12 (+200.0%) | 22 (joint) | 11.4 | 13 | Emerging |
| Tripura | 18 | −2 (−10.0%) | 22 (joint) | 4.3 | 25 | Emerging |
States are ranked only among states. Union territories have their own table, so none of them appears here. See the full tables.
Across India, the BBR Index, which tracks new companies per working day (Monday to Friday count as one working day each and Saturday as half), was 102.0 in September 2026, up 3.6 points from August's 98.4. Read the national picture on the BBR Index page.
The Founders' League
Goa plays outside The Founders' League as an Emerging state. The league's Premier and Challenger Divisions, of 10 states each, were seeded on March 2026 volumes, and the smaller states play outside them, so Goa scores no league points. It is still ranked with all 27 states on new companies and business birth rate.
The seven Emerging states with companies in the files are Goa, Manipur, Tripura, Arunachal Pradesh, Nagaland, Meghalaya and Mizoram.
Crowns this season
No crowns so far this season.
Derbies
Holiday Derby
Himachal Pradesh vs Goa: the hills against the beaches.
September 2026: Himachal Pradesh 3-1 Goa (weekly rounds won; 90 vs 64 new companies).
Season so far: Himachal Pradesh 5 wins, Goa 0 wins, 1 draw.
Derbies are scored on weekly rounds (in September: days 1 to 7, 8 to 14, 15 to 21, 22 to 28 and 29 to 30); the state with more new companies wins each round. Derbies do not score league points.
Sectors and company types
The largest sector for new companies in Goa this year is hospitality, food service & travel, with 78 of its 567 companies from January to September 2026 (13.8%). In September the largest was consulting & professional services.
In September 2026, 9.4% of Goa's new companies were in tech and 0.0% in the green economy. Tech covers IT, software, data, telecom, electronics and R&D companies; the green economy covers power, water, waste and recycling companies plus solar, EV, storage and climate names.
| Type | Companies | Share of Goa's new companies |
|---|---|---|
| Tech | 64 | 11.3% |
| Green economy | 15 | 2.6% |
| One Person Companies | 51 | 9.0% |
| Section 8 (not-for-profit) companies | 37 | 6.5% |
| Foreign-owned subsidiaries | 2 | 0.4% |
| AI in the company name | 2 | 0.4% |
One Person Company: a company with only one member. Section 8 company: a not-for-profit company licensed under Section 8 of the Companies Act, 2013, which applies its income to its objects and pays no dividend. Foreign-owned subsidiaries: companies registered as subsidiaries of foreign companies. AI in the name: names with terms such as AI or Artificial Intelligence. Tech and the green economy are defined by business activity and name. A company can fall in more than one row, so the shares do not add up to 100%.
From the Incorporation Experts
Starting a company in Goa?
A company is registered with the ROC that has jurisdiction over its registered office, so a company with its registered office in Goa is counted on this page. The application is made through SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus), the MCA web form INC-32 that combines name reservation and incorporation, and the certificate of incorporation carries the company's CIN.
The registered office also affects the cost: stamp duty on the memorandum and articles of association differs by state and union territory, so check it before you settle the address.
After incorporation, a company with share capital must file its declaration for commencement of business in Form INC-20A within 180 days, and its Board must appoint the first auditor within 30 days. A limited liability partnership (LLP) is incorporated through Form FiLLiP and must file its LLP agreement in Form 3 within 30 days of incorporation.
BizExpress takes private limited companies and LLPs from name approval to certificate, and keeps the filings that follow on time.
Questions about new companies in Goa
How many new companies were registered in Goa in September 2026?
Goa registered 64 new companies in September 2026, up 8.5% from 59 in August, and ranks 21st among the 27 states. From January to September 2026 it registered 567 companies, 0.28% of India's 2,04,754. The count comes from the ROC code in each company's CIN in the MCA monthly incorporation files.
What is Goa's business birth rate?
Goa's business birth rate was 40.4 new companies per million people in September 2026, 3rd of the 27 states with at least 1 million people, against 17.3 for India. It divides the month's new companies by the 2024 projected population of 15,83,000. States are ranked only among states, and union territories only among union territories.
Is Goa in The Founders' League?
No. Goa plays outside the league as an Emerging state: the Premier and Challenger Divisions, of 10 states each, were seeded on March 2026 volumes, and the smaller states play outside them, so Goa scores no league points. It is still ranked among all 27 states, 21st on new companies and 3rd on business birth rate in September 2026. Goa does play the Holiday Derby against Himachal Pradesh.
Use this data
Every figure on this page is free to republish with credit to the BBR Index by BizExpress. The monthly table downloads as a CSV file; the state and union territory file has the latest month, the year to date, ranks, business birth rates and company types for every place.
- Goa by month (CSV)The monthly table on this page, January to September 2026
- States and union territories (CSV)Latest month, year to date, ranks, business birth rate and company types for every placeDownload States and union territories (CSV)
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Source: BBR Index by BizExpress, based on MCA monthly incorporation data.