What Amaral does

Amaral & Asociados is a private professional services firm headquartered in Asunción, Paraguay, founded in 2002 by five partners who previously held senior roles at Big Four firms (PwC, Ernst & Young, and Andersen). The firm operates from three offices — Asunción and Hernandarias (Ciudad del Este) in Paraguay, plus Montevideo in Uruguay since 2010 — and employs approximately 200 to 220 professionals and technicians. It delivers an integrated suite of nine service lines: administrative-accounting outsourcing (BPO), financial audit, tax advisory, business and financial consulting, IT consulting, legal services, corporate administration, corporate training, and a newer 'Soluciones para Inversores' offering targeting foreign investors and the Paraguay Investor Pass program.

The underlying technology stack is modest and partner-led rather than proprietary: Amaral implements and supports NODUM ERP (a Uruguay-based enterprise resource planning platform) for client engagements and deploys robotic process automation (RPA) for internal task automation and client delivery. Core service delivery is human-capital intensive, with partners directly engaging clients and international certifications (ACCA, CISA, IFRS specialist, CICNP, CertiFR) distributed across the team. The firm does not offer a software platform, mobile applications, or APIs — it operates as a traditional multidisciplinary professional services practice.

Amaral makes money through fee-for-service billing across project-based and ongoing advisory engagements, plus recurring managed-services revenue from BPO contracts, with multi-year contract cadences and custom, quote-based pricing. The go-to-market is sales-led and partner-driven, targeting enterprises and multinationals in Paraguay and Uruguay through direct engagement, referral networks, and thought-leadership channels including a podcast, publications, and industry events. Customer segments span large national and multinational enterprises (primary), foreign investors seeking Paraguayan residency, and corporate clients seeking training services. Ownership remains with the same five founding partners, with no external investors, funding rounds, or M&A activity disclosed.

Name

Amaral

Legal name

AMARAL & ASOCIADOS (Sociedad Simple)

Website

https://amaral.com.py

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Amaral & Asociados is a Paraguayan professional services firm founded in 2002, delivering integrated accounting, auditing, tax, legal, business consulting, IT consulting, BPO, and investor advisory services to enterprise and multinational clients across Paraguay and Uruguay through approximately 200 professionals.

Ownership category

akta.pro rank

Headquarters

HQ city

Asunción

HQ country

Paraguay

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services Fees: Amaral generates revenue through fees for professional services including accounting, auditing, tax advisory, legal services, business consulting, IT consulting, and corporate training. Services are billed primarily through project-based engagements and ongoing advisory relationships with enterprise clients.
2. Business Process Outsourcing (BPO): Revenue from outsourcing administrative and accounting processes for clients, providing ongoing operational support and management services.
3. Training and Capacitation Services: Corporate training services in accounting, taxes, auditing, finance, IT security, marketing, logistics, and human resources delivered through open courses and in-house programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Amaral is a professional services firm providing an integrated suite of accounting outsourcing, auditing, tax advisory, business and financial consulting, IT consulting, legal services, corporate administration, and corporate training. The firm serves large national and multinational companies in Paraguay and Uruguay with a multidisciplinary team of approximately 200 professionals, delivered through partner-led engagements.

Product overview

Amaral is a professional services firm that operates as a single unified offering rather than a platform-plus-modules architecture. The firm provides an integrated suite of professional services including administrative-accounting outsourcing, audit, tax advisory, business and financial consulting, IT consulting, legal services, corporate administration, and corporate training. These services are delivered through a multidisciplinary team of approximately 200 professionals across offices in Asunción, Ciudad del Este (Hernandarias), and Montevideo, Uruguay. The services are designed to address the complete lifecycle of business needs from initial investment evaluation through ongoing operations, enabling clients to focus on their core business while leveraging Amaral's expertise across accounting, legal, tax, and technology domains.

Differentiator

Problem solved

Functional benefit

Products and services

• Administrative-Accounting Outsourcing (Tercerización Administrativo – Contable) Outsourced bookkeeping, payroll processing, and operational accounting support for non-strategic business processes of client companies.
• Audit and Related Services (Auditoría y Servicios Relacionados) Financial statement audits, limited reviews, and internal control evaluations for industrial, commercial, financial, and non-profit entities.
• Tax Advisory (Asesoramiento Impositivo) Tax advisory covering corporate income tax, personal income tax, transfer pricing, tax planning, and compliance with Paraguayan tax regulations.
• Business and Financial Consulting (Consultoría de Negocios y Finanzas) Feasibility studies, business valuation, financial analysis, strategic planning, and M&A advisory services for corporate clients.
• IT Consulting (Consultoría Informática) Information systems implementation (including NODUM ERP), robotic process automation (RPA), IT audits, and computer systems consulting.
• Legal Services (Servicios Legales) Corporate law, business law, migratory procedures for investors, and legal advisory for transactions and corporate restructuring.
• Corporate Administration (Administración de Sociedades) Maintenance of legal books, syndicate functions for corporations, shareholder representation, and notary services for capital operations.
• Corporate Training (Capacitación Empresarial) Corporate training programs in accounting, taxation, auditing, finance, IT security, marketing, logistics, and human resources, delivered through open courses and in-house programs.
• Investor Solutions (Soluciones para Inversores) Pre-investment evaluation, company formation support, operational management, and ongoing compliance services for foreign investors entering Paraguay, including the Paraguay Investor Pass program.

Quantifiable outcome

• Recognized as the most remembered accounting firm in Paraguay (Top of Mind Enterprise 2025)
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• NODUM ERPcoreTechnology or IntegrationNODUM ERP is a leading Uruguay-based enterprise resource planning and management information systems company. Amaral implements and supports NODUM ERP systems for clients' accounting and management information needs as part of their business process outsourcing and technology consulting services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Customer concentration

• Facebookfacebook.com/Amaralconsultores
• LinkedInlinkedin.com/company/amaralconsultores
• Instagraminstagram.com/amaralasociados

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amaral