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sourceDocument: Australia Governance, Risk, and Compliance
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/governance-risk-compliance

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ft:publication_title :

    - Australia Governance, Risk, and Compliance

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# Create a legal entity form

# Create a legal entity form {#ariaid-title1}

* Release version: Australia
* 
* Updated March 12, 2026
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 2 minutes to read

Summarize  
![AI sparkle icon](https://servicenow.com/docs/portal-asset/ai-sparkle-icon) Summarized using AI  
This content was generated using new OpenAI-powered functionality. Results are provided on an as is basis and are not guaranteed to be accurate or complete.  

## Summary of Create a legal entity form

The Create a legal entity form is designed to capture detailed digital resilience information about an entity.
This form helps ServiceNow customers accurately register and maintain critical data for legal entities in compliance with global standards, supporting effective digital resilience management.
Show full answer Show less  

## Key Fields and Their Purpose

* **LEI of the entity:** A unique 20-character alphanumeric Legal Entity Identifier based on ISO 17442, used globally to identify the entity in the information register.
* **Name of the entity:** The official legal name of the entity responsible for maintaining and updating registration data.
* **Country of the entity:** Two-letter country code indicating where the entity's license or registration was issued.
* **Type of entity:** Classification of the entity using predefined options such as credit institutions, investment firms, crypto-asset providers, insurance undertakings, and others, facilitating precise categorization.
* **Hierarchy of the entity within the group:** Defines the entity's role, e.g., ultimate parent, parent other than ultimate parent, subsidiary, or entities outside the group, to establish organizational structure.
* **Outsourcing LEI of the direct parent undertaking:** Captures the LEI of the direct parent when relevant hierarchy options are selected, ensuring clear lineage tracking.
* **Date of last update:** The most recent update date in the register, formatted as YYYY-MM-DD, to track data currency.
* **Date of integration in the register:** The date the entity was first included in the register, also in YYYY-MM-DD format.
* **Deletion status:** Indicates if the financial entity has been deleted from the register, with options "Yes" or "No." If deleted, the deletion date is automatically recorded.
* **Currency:** The currency code used for the entity's financial statements, ensuring consistency in financial reporting.
* **Value of total assets:** The monetary value of the entity's total assets using ICT services, based on the previous year's financial statements, supporting risk and resilience assessment.

## Practical Use for ServiceNow Customers

By accurately completing this form, customers can maintain up-to-date, standardized records of legal entities tied to their organization's digital resilience efforts. This enables better regulatory compliance, improved data integrity, and enhanced visibility into the entity's financial and hierarchical status within their ServiceNow environment.  
On the Create a legal entity form, fill in the fields to set up the digital resilience information.

## Create a legal entity form {#create-new-legal-entity__section_nj3_td5_ddc}

{#create-new-legal-entity__table_omg_5d5_ddc__entry__2}

| Field | Description |
|-|-|
| Digital resilience information ||
| LEI of the entity | Legal Entity Identifier. A unique global identifier for the entity reported in the register of information. It uses the 20-character, alpha-numeric code based on the ISO 17442 standard. |
| Name of the entity | Legal name of the entity that maintains and updates the register of information. |
| Country of the entity | Two-letter country code where the license or the registration of the entity, as listed in the information register, was issued. |
| Type of entity | Types of the entity. Identify the type of the entity by using one of the following options: * Credit institutions * Investment firms * Central counterparties (CCPs) * Asset management companies * Account information service providers * Electronic money institutions * Crypto-asset service providers * Central security depository * Trading venues * Trade repositories * Payment institution * Other financial entity * Securitization repository * Crowdfunding service providers * Administrator of critical benchmarks * Credit rating agency * Institutions for occupational retirement provision * Insurance intermediaries, reinsurance intermediaries and ancillary insurance intermediaries * Insurance and reinsurance undertakings * Data reporting service providers * Managers of alternative investment funds * Non-financial entity: Other than ICT intra-group service provider * Non-financial entity: ICT intra-group service provider * Issuers of asset-referenced tokens {#create-new-legal-entity__ul_pqv_j25_ddc} |
| Hierarchy of the entity within the group | Hierarchy of the entity within the group that is identified by using one of the following options: * Ultimate parent * Parent other than ultimate parent * Subsidiary * Entities other than entities of the group * Outsourcing {#create-new-legal-entity__ul_y1g_cf5_ddc} |
| LEI of the direct parent undertaking of the entity | Legal Entity Identifier (LEI) of the direct parent undertaking of the entity reported in the register of information. This field is displayed when the Hierarchy of the entity within the group field has one of the following values: * Parent other than ultimate parent * Subsidiary * Entities other than entities of the group * Outsourcing {#create-new-legal-entity__ul_wdv_v35_ddc} |
| Date of last update | Date of last update made in the register of information in relation to the entity in the YYYY-MM-DD format. |
| Date of integration in the register of information | Date on which the entity was included in the register of information in the YYYY-MM-DD format. |
| Has the financial entity been deleted in the information register? | Information of the legal entity such as whether the financial entity been deleted in the information register. Available options are: * Yes: Displays the Date of deletion in the register of information field. * No: If the financial entity has been deleted in the information register, the date is auto-filled in the following field: Date of deletion in the register of information. {#create-new-legal-entity__ul_qjl_j2z_2dc} |
| Currency | Code of currency used in preparing the financial entity's financial statements. |
| Value of total assets - of the financial entity | Monetary value of the total assets of the entity using the ICT services, as per the previous year's financial statement. |
[Table 1. Create a legal entity form]

{#create-new-legal-entity__table_omg_5d5_ddc}