Create a legal entity
A legal entity stores the company and banking details used in orders, documents and payment integrations. Create a separate entity for every company or sole proprietor on whose behalf you sell.
When you create an entity, first select its country and business type. The fields shown by Simla depend on that selection. Complete the applicable information, such as:
- registered and trading names;
- registration and tax identification numbers;
- registered address;
- bank account and payment details;
- VAT or other tax rate, where applicable.
Use the identifiers and tax details issued in the entity’s country of registration.
Note
The selected country determines which tax fields and VAT rates are available. Enter the data exactly as it appears in the entity’s official records, especially if it will be used to generate receipts or invoices.
Link the entity to a store
After creating the entity, link it to one or more stores. A single entity can be linked to several stores.
When more than one entity is available, check which entity each store and payment integration uses. This determines which company details are included in documents and fiscal receipts.