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year of foundation (ESN 92098 )

The year of foundation is the calendar year in which a company or other organization begins its existence as an active entity capable of functioning in its defined role. It may also refer to an organization's commencement of existence in a new form which is built on other preexisting organizations. It does not refer to the event of a name change or any superficial commencement of existence.

The calendar year when a company begins to exist.