This term is used in business practice with the term company foundation. In fact, the term of the foundation of the firm is wider and includes not only the foundation of companies as legal entities, but also, for example, the registration of a natural person in the Commercial Register, which is also mandatory for a natural person in certain cases. The term firm is not equal to the term company, but is the name under which a person (whether natural or legal) is registered in the Commercial Register.