The #1 alternative
Commenda vs Tetra Consultants vs Biz Latin Hub
In Brazil a foreigner cannot register alone. All three stand up the local apparatus. The cost comes after.
Comparison at a glance
Tetra and Biz Latin Hub cover Brazil and a regional footprint through a per-engagement relationship. Commenda runs four suites across 70+ countries on one platform, so one system takes you from your Brazil entity to a full multi-country group.
Commenda
Global entity management with complete compliance. Sets up your Brazil Sociedade Limitada (Junta Comercial, CNPJ, local director, shareholder reps, fiscal address, Central Bank, bank account) and runs it alongside entities in 70+ countries, with consolidation and transfer pricing.
Tetra Consultants
Formation agent serving foreigners. Brazil registration, legal director, accounting and tax through a per-engagement relationship. Quote-based, multi-country. Good for a one-off foreign-owned Brazil registration.
Biz Latin Hub
Latin America formation and back-office agent. Brazil company formation, resident legal representative, accounting, tax, legal, and hiring. Quote-based, Latin America focus. Good for setting up across Latin American markets.
Feature comparison
Why we do it better
 | Tetra Consultants | Biz Latin Hub | |
|---|---|---|---|
| Starting price (incorporation) | $5,870 | Quote-based | Quote-based |
| Brazil-resident legal rep (local director) | |||
| Shareholder legal representative | |||
| Fiscal address for CNPJ | |||
| Local licensed accountant (statutory books) | |||
| Central Bank foreign-capital registration | |||
| Local corporate bank account | |||
| Indirect tax (ICMS/ISS/PIS/COFINS) filing | |||
| Ongoing accounting & corporate tax | |||
| Transfer pricing (cross-border + CbCR) | |||
| Multi-entity consolidation / audit trail | |||
| Software platform (self-serve visibility) | |||
| Manage entities in other countries | |||
| 100+ ERP integration support | |||
| Transparent published pricing |
Built for different buyers
Pricing compared
Advertised rates as of June 2026. Competitor pricing changes often.
Commenda
$5,870one-time + local director $13,200/yr
- Modular: shareholder legal rep $5,940 each, fiscal address $2,640/yr, local accountant $1,200/yr, monthly back office $14,520/yr
- Annual financial compliance $2,460/yr, annual legal compliance $2,200/yr
- Published and itemized pricing, plus transfer pricing and consolidation; customers typically retire 3 to 5 vendors
Tetra Consultants
Quoteno public price
- Brazil registration, legal director, accounting and tax; engagement fee scoped per client
- Operates across multiple countries; billed per engagement
Biz Latin Hub
Quoteno public price
- Brazil formation, resident legal representative, accounting, tax, legal, hiring; per-engagement
- Latin America focus; billed per engagement
How each model works
What's the difference?
How Tetra Consultants and Biz Latin Hub stack up against Commenda for entity management in Brazil.
Commenda: Brazil managed as part of your global group, on software
- Sets up the Sociedade Limitada (KYC, Junta Comercial, CNPJ, local director, shareholder reps, fiscal address, Central Bank, bank account)
- Then runs accounting, corporate tax, indirect tax, and transfer pricing
- Consolidates Brazil with your entities in 70+ countries, one audit trail, transparent pricing
Tetra Consultants: one-off foreign-owned Brazil registration
- Formation and back-office service for foreign-owned Brazil entities
- Pricing quoted per engagement rather than published
- Service-led rather than a software platform with self-serve visibility and ERP integrations
Biz Latin Hub: Latin America formation and back office
- Brazil formation, resident legal representative, accounting, tax, legal, and hiring
- Useful when expanding across several Latin American markets
- No cross-border consolidation or transfer pricing; no software platform with ERP integrations
Making a decision
Which one should you choose?
The right fit depends on your footprint and stage in Brazil.
Choose Commenda if…
- You operate in Brazil and at least one other country
- You want Brazil managed alongside the rest of your group, with consolidation and transfer pricing
- You want the local director, shareholder reps, indirect tax, accounting, and corporate tax in one place, with transparent pricing
Choose Tetra Consultants if…
- You want a one-off foreign-owned Brazil registration through a formation agent
- You are comfortable with quote-based pricing scoped per engagement
Choose Biz Latin Hub if…
- You are expanding across several Latin American markets and want a regional agent
- You are comfortable with quote-based pricing scoped per engagement
Common questions
Yes, but you must appoint a Brazil-resident legal representative (a local director) with a CPF, and each foreign shareholder must appoint its own resident representative. Commenda, Tetra Consultants, and Biz Latin Hub all provide these.
For a one-off Brazil registration, a formation agent can quote competitively. Commenda is the better fit for a cross-border group: it manages Brazil alongside entities in other countries on one platform, with transfer pricing, consolidation, transparent pricing, and ERP integrations.
It varies by provider and liability scope. Commenda's Brazil-resident legal representative (local director) is $13,200/year, with each foreign shareholder's representative at $5,940 (one-time). Tetra and Biz Latin Hub quote this per engagement.
Yes. A registered fiscal address is required for the CNPJ, and statutory books must be kept by a locally licensed accountant. Commenda provides the fiscal address at $2,640/year and a local accountant at $1,200/year.
About 4 to 8 weeks end-to-end with Commenda (due diligence, power of attorney to the local representative, Junta Comercial registration, CNPJ and municipal registrations, Central Bank registration, then bank account opening), excluding time to gather documents.
100 questions, from real customer calls.
The questions finance teams actually ask about entity management: EINs for non-residents, Delaware vs Wyoming, cleaning up the entities a previous provider left behind, and more. If you're looking for something, you'll find it here.
