Skip to main content
If your company has multiple entities with ownership or operational relationships, you can map your corporate structure in Commenda.

Relationship types

Commenda supports the following relationship types between entities:
RelationshipDescription
Parent / SubsidiaryOne entity owns or controls another
Joint ventureTwo or more entities share ownership of a venture
Sister companyEntities that share a common parent
AffiliateEntities with a business relationship but not direct ownership
Supplier / CustomerEntities with a commercial trading relationship
Mergers & AcquisitionsEntities involved in M&A activity

Setting up relationships

1

Go to an entity

Navigate to Entities and select one of the entities in the relationship.
2

Open the Ownership tab

Click the Ownership tab.
3

Add a relationship

Click Add relationship and select the other entity and the relationship type.

Why corporate structure matters

Defining your corporate structure is important for:
  • Transfer pricing — intercompany transactions require documentation when entities are related
  • Compliance — some jurisdictions have specific filing requirements for parent-subsidiary relationships
  • Reporting — Commenda can generate reports that reflect your complete corporate hierarchy