What is related body corporate in SAP SAP-LEGAL - Global Field Legal?

SAP Term: related body corporate

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: In relation to a body corporate, means a body corporate that is related to the firstmentioned body by virtue of being a holding company, a subsidiary, or a subsidiary of a holding company.

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• Key Concepts: 
  A related body corporate is a legal entity that is related to another legal entity. This relationship can be established through common ownership, control, or management. In the context of SAP-LEGAL Global Field Legal Compliance, a related body corporate is a legal entity that is subject to the same laws and regulations as the main legal entity. 
  
  How to use it: 
  In SAP-LEGAL Global Field Legal Compliance, related body corporate information is used to ensure compliance with applicable laws and regulations. This information can be used to identify potential risks and ensure that all legal requirements are met. 
  
  Tips & Tricks: 
  When entering related body corporate information into SAP-LEGAL Global Field Legal Compliance, it is important to ensure that all relevant information is accurate and up-to-date. This will help to ensure compliance with applicable laws and regulations. 
  
  Related Information: 
  For more information on related body corporate in the context of SAP-LEGAL Global Field Legal Compliance, please refer to the SAP Help Portal.