The #1 alternative
Commenda vs Sovereign Group vs OnDemand International
A Portugal Lda needs a NIF, a registered office, and a local bank account. All three clear that. The cost comes after.
Comparison at a glance
Sovereign Group and OnDemand International cover Portugal and deliver it as an engagement. Commenda runs four suites across 70+ countries, so one platform takes you from your Portugal entity to a full multi-country group.
Commenda
Global entity management with complete compliance. Sets up your Portugal Lda (NIF for every shareholder, Articles, Commercial Registry filing, registered office, bank account support) and runs it alongside entities in 70+ countries, with consolidation and transfer pricing.
Sovereign Group
Global corporate services provider. Incorporates a Portuguese Lda or SA, with accounting, payroll, and tax filing arranged on request. Pricing is quote-based. A traditional advisory firm with private-client services alongside.
OnDemand International
Global market-entry provider. Portugal registration plus tax registration, bank account opening, and accounting bundled into an all-in engagement (cites about EUR 15,200 typical). Good for a one-off Portugal market entry with first-year services bundled.
Feature comparison
Why we do it better
 | Sovereign Group | OnDemand International | |
|---|---|---|---|
| Starting price (incorporation) | $2,077 (€1,800) | Quote-based | ~EUR 15,200 all-in |
| NIF procurement (per shareholder) | |||
| Articles + Commercial Registry filing | |||
| Registered office address | |||
| Bank account opening support | |||
| Monthly accounting | |||
| IVA (VAT) registration & filing | |||
| Corporate income tax (IRC) filing | |||
| Transfer pricing (cross-border + CbCR) | |||
| Multi-entity consolidation / audit trail | |||
| Manage entities in other countries | Partial network | Project-by-project | |
| 100+ ERP integration support | |||
| Jurisdiction reach | Global, 70+ | Multi-jurisdiction | Multi-country |
Built for different buyers
Pricing compared
Advertised rates as of June 2026. Competitor pricing changes often.
Commenda
$2,077billed USD (€1,800)
- Individual-founder Lda $1,846 (€1,600); each additional shareholder $231 (€200); branch $2,077 (€1,800)
- Government registry fees $115; registered office $692/yr; monthly accounting from $346/mo
- NIF procurement for every shareholder and bank account opening support included
- Portugal entity set up and managed, plus the cross-border layer (transfer pricing, consolidation)
Sovereign Group
Quotefees on request
- Lda or SA formation; accounting, payroll, and tax filings arranged on request
- Traditional advisory firm with private-client services across a jurisdiction network
- Pricing is not published; you request a proposal
OnDemand International
~EUR 15,200typical all-in
- Covers company registration, tax registration, bank account opening, accounting, licenses
- Government enrollment EUR 360 (custom docs) or EUR 220 (pre-approved articles)
- Cites min EUR 5,000 share capital for an Lda
How each model works
What's the difference?
How Sovereign Group and OnDemand International stack up against Commenda for entity management in Portugal.
Commenda: Portugal managed as part of your global group
- Sets up the Portugal Lda (NIF, Articles, Commercial Registry filing, registered office, bank account)
- Then runs accounting, corporate income tax (IRC), IVA (VAT), and transfer pricing
- Consolidates Portugal with your entities in 70+ countries, one audit trail
Sovereign Group and OnDemand International: Portugal setup plus Portugal accounting
- Full CSP service delivered as an engagement or advisory relationship
- Workable for a single Portugal company
- No cross-border consolidation or transfer pricing across a wider group on one platform
Making a decision
Which one should you choose?
The right fit depends on your footprint and stage in Portugal.
Choose Commenda if…
- You operate in Portugal and at least one other country
- You want Portugal managed alongside the rest of your group, with consolidation
- You want NIF, Commercial Registry filing, IVA, accounting, IRC, and transfer pricing in one place
Choose Sovereign Group if…
- Portugal is your only market and you want a traditional advisory firm
- You also want private-client or wealth services alongside the company
Choose OnDemand International if…
- Portugal is your only market and you want setup and first-year services bundled in one engagement
Common questions
Yes. Portugal places no restriction on foreign ownership and no resident director is required for a standard Lda. But every shareholder needs a Portuguese tax number (NIF) before incorporation, the company needs a registered office in Portugal, and a Portuguese corporate bank account is required. Commenda, Sovereign Group, and OnDemand International all handle these.
For a Portugal-only company, a local formation agent can be lower cost. Commenda is the better fit for a cross-border group: it manages Portugal alongside entities in other countries, with transfer pricing and consolidation on one platform.
No. A standard Portuguese Lda can appoint foreign directors without residency restrictions. Regulated industries (for example financial services or licensed activities) may impose local management or representation requirements.
$2,077 (€1,800) for a subsidiary Lda, or $1,846 (€1,600) for an Lda with individual founders. Government registry fees are $115 (€100) and a registered office is $692/year (€600) if you do not have an address. Monthly accounting starts at $346/month.
About 2 months on standard processing, or about 2 weeks on urgent processing, subject to document readiness and registry availability. Timing depends most on how quickly you supply documents; Commenda gives you the full checklist upfront.
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.
