A Corporate Account is the root of an account hierarchy. A service provider creates a corporate account for each of its client companies.
Note that once you place an account under a specific corporate account, the account cannot do any of the following:
Redirect its charges to another account under a separate corporate account
Pay for an account under a separate corporate account
Own folders under a separate corporate account
Join a group subscription that was created under a separate corporate account
The Account Menu has additional entries when the current account is a Corporate account:
Group Subscriptions: you manage group subscriptions from the corporate account.
Folder Owner: assign or update the folder owner for the corporate account
Edit Template: update the Corporate Account's template.
Default Security: create or update the Default Security Policy for the corporate account.
Once a corporate account exists, an account administrator can add folders and accounts as needed to create an account hierarchy for the company: