Term:
Date of creation (of enterprise)
Definition:
Date of commencement of activities. The date refers to the date of birth, i.e. in principle the date on which the first financial commitments are made, although in practice it may refer to the registration date in the administrative source, if the unit starts its economic activities immediately after that. However, the legal unit may change and be reregistered for instance after a change of legal form, while the enterprise remains the same, because the continuity rules for enterprises should be applied.
Domain:
Statistical Business Registers
Source:
European Commission (Eurostat), Organisation for Economic Cooperation and Development (OECD), "Eurostat – OECD Manual on Business Demography Statistics", Methodologies and Working papers, Publication Office of the European Communities, Luxembourg, 2007.
