In 2012, the Simplification and Flexibility Law for private companies was introduced. The law makes it easier to establish the legal form of a private company. However, the law did not apply to matters concerning the establishment of a private company. Fortunately, the successful Firm24 was founded in 2013 by Rick Schmitz and Martijn Migchelsen. Firm24 makes it easier to establish a private company, a holding company or foundation. Instead incomprehensible advice, paperwork and bureaucratic processes Firm24 helps starting entrepreneurs decisively and in an efficient manner.

Another important change is new legislation that obliges companies to only offer legal form establishments online and digitally. From 2021, this legislation must ensure that the business climate in Europe is further stimulated. "We are very happy with this development because Firm24 already partly offers this service. We will therefore also be closely involved in the changes. The legislation will have a positive impact on the European economy as a whole by creating more activity and competitiveness. That's a win-win for everyone!" says Rick.