To setup a new company in Ax 2012, navigate to;
Organization administration -> Setup -> Organization -> Legal entities
Click New and fill the following information;
Name: Company name.
Company: You can mention max 4 character in this field.
Country/region: Country/region, the company operates its business from. The value in this field is used in addition to the configuration keys to determine the execution of the localization features.
Click Ok & new company is created.
Once new company is created, you are navigated to newly created company info page. At this page, we define company address, contact info, company logo, company language and other important information.
Here your new company is ready 🙂