I propose a novel explanation on the nature of fictional entities that fulfills two requirements: it links the production of fictional entities with fiction-making declarations, and it characterizes fictional entities so as to explain the normative attributes that allow fictional entities to interact with our social world. I adopt a realist perspective in which fictional entities are social entities. The explanation combines Abell declarative theory of fictional utterances with Searle’s institutional theory, given that neither theory by itself can satisfy both requirements. The result is an original proposal about the nature of fictional entities, which presents them as social objects produced by declarative speech acts that function as status functionFunctionstatus declarations. They carry deontic powers and depend on collective recognition to exist.