Changing your legal entity
If you’re changing your legal entity – from sole trader to company or one company to another – just follow the steps below to ensure a smooth transition for your invoicing and tax calculation.
Each Quaderno account can only be associated with one legal entity. If you need to update any of your legal entity details, you’ll need to create a new Quaderno account.
For accounting purposes this also helps you keep your company records separate for different legal entities.
Please follow these steps to create an account for your new legal entity:
- Keep your current entity (company/sole trader) status on the business data page in your current account.
- Create a new Quaderno account by following these steps.
- When you’re ready to start invoicing with your new entity, disconnect any integrations from your old Quaderno account and connect them to your new account.
- Cancel or pause your old account on the billing details page in your old account.
If you just need to update the address within the same country, you can manage this on the addresses page. You wouldn’t need a new account for this.