Steps
Open Organization, select Entities, then New entity.
Enter the entity name and choose the entity type, such as Company. The tax identification number is optional here; you can add it later.
Choose the country of incorporation and set the financial year-end: the month, then the day.
If your organization uses business units, select the entity's unit. Business units can also be used in permissions, to give people access to all the entities in a unit.
Optionally, choose the main shareholder, so the entity appears in the right place in the organization chart.
Select Save. The entity is added to the list.
Complete the rest
Select the entity to open its page. Completing the rest of its information is optional, but every field you add enriches your data in Loctax.
Under Master and financial data, add, for example, the legal form, the registered address and the registration number.
Then add its obligations, so Loctax can plan its deadlines.