The #1 alternative
Commenda vs Vistra vs TMF Group
Two global services firms set up and administer a France SAS through local teams. Here's how a software platform compares.
Comparison at a glance
Vistra and TMF Group administer France through local teams. Commenda runs four suites across 70+ countries on software, so one platform takes you from your France SAS to a full multi-country group with live status on every filing.
Commenda
Global entity management software with complete compliance. Sets up your France SAS (legal filings, tax ID, bank account assistance, registered office for year 1) and runs it alongside entities in 70+ countries, with VAT, corporate tax, consolidation, and transfer pricing, on one platform.
Vistra
Global corporate services provider. Entity formation and management across 80+ jurisdictions, incorporating tens of thousands of companies a year. Quote-based, no public France pricing. Enterprise corporate, fund, and entity services.
TMF Group
Global corporate services provider. Operations in 80+ countries with France compliance since 2002, covering corporate secretarial, accounting, tax, and payroll. Quote-based, no public France pricing.
Feature comparison
Why we do it better
 | Vistra | TMF Group | |
|---|---|---|---|
| Starting price (SAS incorporation) | $10,000 | Quote-based | Quote-based |
| SAS / SARL formation | |||
| Registered office (siege social) yr 1 | |||
| Tax ID registration | |||
| Bank account assistance | |||
| Legal journal publication + court filing | |||
| VAT registration & filing | |||
| Ongoing accounting & corporate tax | |||
| Transfer pricing (cross-border + CbCR) | Model-specific | Model-specific | |
| Multi-entity consolidation / audit trail | Model-specific | Model-specific | |
| Self-serve platform with live status | |||
| Manage entities in other countries | 80+ | 80+ | |
| 100+ ERP integration support | |||
| Jurisdiction reach | Global, 70+ | 80+ | 80+ |
Built for different buyers
Pricing compared
Advertised rates as of June 2026. Competitor pricing changes often.
Commenda
$10,000SAS incorporation
- Includes legal and administrative filings, tax ID registration, bank account assistance, and year-1 registered office
- Modular: VAT registration $750 one-time, VAT filing and returns $200/month, registered office renewal $6,000/year from year 2
- France entity set up and managed, plus VAT, corporate tax, transfer pricing, consolidation; published pricing
- Customers typically retire 3 to 5 vendors
Vistra
Quoteno public France pricing
- Entity formation and management across 80+ jurisdictions
- Accounting, tax, and ongoing administration scoped per engagement; enterprise corporate, fund, and entity services
TMF Group
Quoteno public France pricing
- Corporate secretarial, accounting, tax, and payroll across 80+ countries
- France compliance services scoped per engagement; serves large enterprises across many markets
How each model works
What's the difference?
How Vistra and TMF Group stack up against Commenda for entity management in France.
Commenda: France run on software, as part of your global group
- Sets up the France SAS (legal filings, tax ID, bank account assistance, registered office year 1)
- Then runs VAT, corporate income tax, annual accounts, and transfer pricing
- Consolidates France with your entities in 70+ countries, one audit trail you can see live
Vistra and TMF Group: France administered through local teams
- Full corporate services across many jurisdictions
- Quote-based, account-manager led, advisor relationship
- Less self-serve visibility and no native ERP integration into your finance stack
Making a decision
Which one should you choose?
The right fit depends on your footprint and stage in France.
Choose Commenda if…
- You operate in France and at least one other country
- You want France managed on software, with live status, published pricing, and one audit trail
- You want legal filings, registered office, VAT, accounting, and transfer pricing in one place
Choose Vistra if…
- You want an established enterprise provider with hands-on local teams
- You need a few niche jurisdictions or service lines outside a 70+ country platform
Choose TMF Group if…
- You want local compliance teams across many countries under one provider
- You prefer an advisor-led relationship over a self-serve platform
Common questions
Vistra and TMF are global corporate services firms that administer your France entity through local teams, priced by quote. Commenda runs France on software with published pricing, live status on every filing, native ERP integration, and one audit trail, alongside entities in 70+ countries.
No. Both are quote-based and scope each engagement individually. Commenda's France SAS is a $10,000 one-time incorporation, with VAT registration at $750, VAT filing and returns at $200/month, and registered office renewal at $6,000/year from year 2.
No. A local director is not legally required for an SAS, though it is recommended if you need a work permit or a local bank account. A non-EU national serving as President of the SAS must hold a valid work permit. Commenda provides resident director services in countries that require one.
Yes. Vistra and TMF operate in 80+ countries, and Commenda manages entities in 70+ countries. The difference is the model: Commenda is software-first with consolidation, transfer pricing, ERP integration, and a live audit trail across all your entities.
About 10 to 30 working days end-to-end (KYC and document drafting, share capital deposit, registration number, then tax number), excluding the additional time for VAT number issuance.
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.
