> ## Documentation Index
> Fetch the complete documentation index at: https://docs.fintoc.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Entity

An `Entity` represents an organization with its own legal identity. An `Entity` is the parent of its `Account` objects. Each `Entity` can own more than one `Account`.

## Root entity

Your business has one root `Entity` in each environment: `test` and `live`. Fintoc creates the root `Entity` automatically after you finish onboarding in `live` mode. `Account` objects under your root `Entity` hold your company's money.

## Entities for your customers

You can create `Entity` objects for customers when transfer receipts need to show each customer's legal name. For example, a marketplace can pay each seller under the seller's Mexican tax ID (RFC) or Chilean tax ID (RUT).

Fintoc's compliance team performs a Know Your Customer review for each customer `Entity`. For Mexican entities, you can create the `Entity` and complete the review through the API. See [Onboard an Entity by API](/guides/transfers/manage-accounts/onboard-an-entity-by-api) for instructions. See [Create more accounts](/guides/transfers/manage-accounts/creating-more-accounts) for the dashboard flow.