Answered

Main Legal entity

  • 15 January 2024
  • 2 replies
  • 35 views

Userlevel 1
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Dear Community :-)

 

We just implemented Personio at Magnolia and since then Personio changed Sub-companies to Legal entities and newly you can/have to select the main legal entity. Do you know what will happen if I mark one of our legal entity as the main legal entity valid as of 1 January 2024?

 

Thank you for sharing your experience!

Diana

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Best answer by International Support Team 16 January 2024, 16:42

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2 replies

Userlevel 5

Hey @LegoMD 

Welcome to the Personio Community, we are thrilled to see you here 🎊 🥳. I am happy to support you with your inquiry.

At the moment, there are no real implications to setting one of your legal entities as the main one, unless you are using Personio Payroll. This change was made to become more in line with requirements in terms of Payroll, therefore this is the reasoning behind it. You do not have to set any legal entity as a main one right now if you do not want to. Possibly in future when more features become available, this may change and you may want or need to change this. 

You can find out more information about what the functions of legal entities are here.

Please let me know if you require any further assistance.

Best regards, 

Conor

 

Userlevel 1
Badge +2

Great, thank you so much for the reply, dear Conor!

I will go ahead and set our main legal entity :-)

I wish you a lovely evening and best regards, Diana

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