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Entity is set up vs Entity is established

Both phrases are correct, but they are used in slightly different contexts. 'Entity is set up' is commonly used when referring to the initial creation or formation of an organization or system. On the other hand, 'Entity is established' is more often used to indicate that something has been in existence for a period of time and is recognized as being stable or successful.

Last updated: March 31, 2024 • 644 views

Entity is set up

This phrase is correct and commonly used when referring to the initial creation or formation of an organization or system.

This phrase is used to describe the process of creating or establishing an entity, such as a company, organization, or system.

Examples:

  • The new company is set up to provide innovative solutions.
  • The project team is set up to tackle the challenges ahead.
  • The application of the State aid rules as such does not depend on whether the entity is set up to generate profits.
  • Before a joint entity is set up, the competent authority must take account of the possibilities of competition in the marketplace and decide on the most appropriate solution.
  • (ii) where the individuals that benefit from the legal arrangement or entity have yet to be determined, the class of persons in whose main interest the legal arrangement or entity is set up or operates;
  • The Commission notes that the HFSF is an entity set up and financed by Greece to support banks, and therefore measures FB4 and FB5 involve State resources.
  • The recapitalisation of the Bank was made by the HFSF, which is an entity set up and financed by Greece to support banks, and so the disbursement was made by using State resources.
  • Managing entities set up by special laws.
  • Management integration of the national programmes shall be ensured by the legal entity set up by the participating Member States and Israel, Norway and Switzerland.
  • "one-stop shop" shall mean the joint entity set up by
  • Three separate entities were set up; CEPOL, AGIS and MEDA.
  • The first entity that was set up was the cooperative association with limited liability Coöperative Vereniging VAOP BV.
  • The various measures in question were provided either directly by Germany or by SoFFin, an entity set up and controlled by the German Government, and thus involve State resources.
  • RO The securities (brokerage) company must be a Romanian legal entity set up as a joint-stock company under the Romanian law, and having as exclusive business objective the intermediation of securities.
  • one-stop shop shall mean the joint entity set up by each infrastructure manager of the freight corridor which offers applicants the opportunity to request ▐ a train path for a journey crossing at least one border.
  • A captive insurance company is established as a separate legal entity in Liechtenstein and set up like any other company.
  • Where contracting entities choose to set up a qualification system in accordance with Article
  • A company may request the application of these individual anti-dumping duty rates if it changes the name of its entity or sets up a new production or sales entity.
  • The entrusted entity shall set up a fiduciary account to hold the Union contribution and revenues resulting from the Union contribution.
  • In the event that an agreement delegates these obligations to the Member State within whose territory those stocks are located or to the central stockholding entity set up by that Member State, this agreement shall contain provisions, which set out:
  • The contracting entity may decide to set up the innovation partnership with one partner or with several partners conducting separate research and development activities.
  • The matter was discussed recently by Parliament with particular reference to the entity that has been set up in the occupied territories - the West Bank, Gaza and eastern Jerusalem - but it applies more generally.

Alternatives:

  • entity is established
  • entity is created
  • entity is founded
  • entity is organized
  • entity is formed

Entity is established

This phrase is correct and commonly used to indicate that something has been in existence for a period of time and is recognized as being stable or successful.

This phrase is used to describe the state of an entity that has been in existence for some time and is recognized as stable or successful.

Examples:

  • The business is established in the market.
  • The organization is well-established in the community.
  • If a separate legal entity is established, it shall be subject to the full provisions of this Directive.
  • (c) such funding is provided for in a bilateral scientific and technological agreement or any other arrangement between the Community and the country in which the legal entity is established.
  • The Court recommends that Article 31(3)(c) should refer to the accounting principles of the country where the legal entity is established and the participant's usual cost accounting practices.
  • When an FIU seeks to obtain additional information from an obliged entity established in another Member State which operates on its territory, the request shall be addressed to the FIU of the Member State in whose territory the obliged entity is established.
  • For example, assume a structured entity is established to provide investment opportunities for investors who wish to have exposure to entity Z's credit risk (entity Z is unrelated to any party involved in the arrangement).
  • An ADR entity is established:
  • This Directive should not prevent intra-corporate transferees from exercising specific activities at the sites of clients within the Member State where the host entity is established in accordance with the provisions applying in that Member State with regard to such activities.
  • This Directive should allow traders established in a Member State to be covered by an ADR entity which is established in another Member State.
  • This Directive should cover any entity that is established on a durable basis, offers the resolution of a dispute between a consumer and a trader through an ADR procedure and is listed in accordance with this Directive.
  • The NDLA is an entity established by Norwegian county authorities on the basis of Section 27 of the Local Government Act [5].
  • the importance of the group entity for the Member State where the group entity is authorised or established, and its importance for the group.
  • The person appointed in accordance with point (a) of Article 8(4) shall transmit the information referred to in paragraph 1 of this Article to the FIU of the Member State in whose territory the obliged entity transmitting the information is established.
  • Under presidential decree 738/98 of 4 July 1998 on imports of humanitarian aid from abroad, since that date only legal entities whose charitable status is established by law are recognised as recipients of duty-free imports of humanitarian aid, but not private individuals.
  • provided that in the cases specified in points (b) to (e) the entity receiving intraday credit is established in the same jurisdiction as the NCB providing the intraday credit.
  • Where the legal entity requesting accreditation is not established in a Member State, it may address its request to the national accreditation body of any Member State that provides accreditation within the meaning of Article 16 of Regulation (EU) 2015/757.
  • Legal entities established in Switzerland shall be eligible for financial instruments established under Programmes covered by this Agreement.
  • Legal entities established in the Republic of Slovenia can be depositories of the assets of Investments Funds.
  • Those sanctions could be imposed on the host entity established in the Member State concerned.
  • The tax applies only to entities established in Spain.
  • Participation in the eContentplus programme is open to legal entities established in the 25 Member States.

Alternatives:

  • entity is set up
  • entity is founded
  • entity is created
  • entity is organized
  • entity is formed

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