Michalis Avraam & Partners Limited

What Michalis Avraam & Partners Limited does

Michalis Avraam & Partners Limited is a Cyprus-based public practice firm of accountants and business consultants, founded in 1996 and headquartered in Nicosia. The firm delivers four core service lines: statutory audit, tax, advisory, and insolvency & restructuring. It is led by four directors and operates on a traditional partner-managed professional services model, with no disclosed external investors, headcount figures, or financial statements.

The firm's client base is described as owner-managed businesses as the primary segment, supplemented by government and not-for-profit engagements, across the Financial Services, Retail, Shipping, Tourism, and Manufacturing verticals. The firm holds an ACCA Approved Employer Platinum accreditation and is an ICAEW Authorised Training Employer, indicating an in-house pipeline for qualified accounting talent and director-level staff with Big Four backgrounds.

The firm distinguishes itself through an insolvency and restructuring specialization, with founder Michalis Avraam serving as Chairman of the ICPAC Insolvency Committee, embedding the practice into Cyprus's insolvency regulatory architecture. A Russian-language version of the firm's website indicates targeted outreach to CIS clients seeking Cyprus-domiciled audit, tax, and corporate services. There is no disclosed use of AI, proprietary technology platforms, or automation tooling, and the firm's recent public web presence is dated only through 2019.

Name

Michalis Avraam & Partners Limited

Legal name

Michalis Avraam & Partners Limited

Website

https://amicha.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Michalis Avraam & Partners Limited is a Nicosia-based Cypriot public practice firm founded in 1996, providing statutory audit, tax, advisory, and insolvency services to owner-managed businesses, government, and not-for-profit clients across multiple verticals.

Ownership category

akta.pro rank

Product category

Accounting and Auditing Services

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industry

Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

Keywords

• Audit services
• Tax advisory
• Business consulting
• Insolvency services
• Accounting services

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit Services: Financial statement preparation under IFRS, statutory audit under ISAs, internal control evaluation, compliance and special purpose audits, due diligence, and cash control design and implementation.
2. Tax Services: Direct taxes including tax return preparation, international tax planning, tax appeals and investigations, and indirect taxes including VAT registration and compliance.
3. Advisory Services: Feasibility studies, business strategy and planning, cost management, company and project valuations, mergers and acquisitions, investigations, and business dispute resolutions.
4. Insolvency & Restructuring Services: Business rescue and restructuring, company arrangement and reconstruction, receivership, compulsory liquidation, creditors voluntary liquidation, and members voluntary liquidation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Michalis Avraam & Partners Limited is a public practice firm of accountants and business consultants established in 1996 in Nicosia, Cyprus. The firm provides four core service lines: audit services (IFRS financial statement preparation, statutory audits under ISAs, internal control evaluation, due diligence), tax services (direct and indirect taxes, international tax planning, VAT compliance), advisory services (feasibility studies, M&A, valuations, business strategy), and insolvency & restructuring services (business rescue, receivership, liquidation).

Product overview

Michalis Avraam & Partners Limited operates as a unified professional services firm offering four interconnected core service lines: Audit Services (financial statement preparation, statutory audits, internal controls), Tax Services (direct/indirect taxes, international tax planning, VAT compliance), Advisory Services (feasibility studies, M&A, valuations, business strategy), and Insolvency & Restructuring Services (business rescue, liquidations, receiverships). The firm supplements its service offerings with educational publications on Cyprus tax and investment structures. The portfolio functions as an integrated practice where these services complement each other—tax planning informed by audit findings, advisory work supporting restructuring engagements, and insolvency expertise applying across client situations.

Differentiator

Problem solved

Functional benefit

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Institute of Certified Public Accountants of Cyprus (ICPAC)coreOthersThe firm is a member of ICPAC and licensed by ICPAC for statutory audit and insolvency consulting services. The Managing Director serves as Chairman of the ICPAC Insolvency Committee.
• Institute of Chartered Accountants in England and Wales (ICAEW)coreOthersThe firm is an ICAEW Authorised Training Employer. Managing Director Michalis Avraam is a fellow member of ICAEW.
• Association of Chartered Certified Accountants (ACCA)coreOthersThe firm has received ACCA Approved Employer – Trainee Development, Platinum status. Three directors are fellow members of ACCA.
• Cyprus Investment Promotion Agency (CIPA)minorOthersManaging Director Michalis Avraam served on the Board of Directors of CIPA.
• Society of Trust and Estate Practitioners (STEP)minorOthersManaging Director Michalis Avraam is a member of STEP.
• Association of Conflict Resolution (ACR)minorOthersManaging Director Michalis Avraam is a member of ACR and is a qualified mediator.
• CFA InstituteminorOthersDirector Vasilis Patsalides is a CFA Charterholder and member of the CFA Institute (United States) and CFA Society of Cyprus.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Deloitte Cyprus: Big Four firm providing audit, consulting, tax, and advisory services in Cyprus. Directly comparable in service mix but operates at significantly larger scale and serves multinational clients that Michalis Avraam & Partners also targets.
• PwC Cyprus: Big Four professional services firm with full-service Cyprus operations covering audit, tax, deals, and insolvency advisory. Comparable in core audit/tax/advisory offerings and competes for similar owner-managed and mid-market clients.
• KPMG Cyprus: Cyprus office of Big Four accounting firm offering audit, tax, and advisory services across all major sectors in Cyprus. Comparable as a competitor for the same audit, tax, and insolvency client base, though with substantially broader capabilities and headcount.
• EY Cyprus: Big Four firm providing assurance, tax, transaction advisory, and consulting in Cyprus. Competes for the same government, financial services, and corporate clients across audit and insolvency engagements.

Direct peers

• Grant Thornton Cyprus: Mid-tier accounting and advisory network with a Cyprus member firm offering audit, tax, and advisory services to mid-market and owner-managed clients. Closely comparable in scale and positioning against Big Four.
• Baker Tilly Cyprus: International accounting and advisory network with a Cyprus office delivering audit, tax, and consulting services. Comparable as a mid-tier peer competing for similar owner-managed and SME clients in Cyprus.
• RSM Cyprus: Mid-tier global audit and advisory network with a Cyprus presence focused on mid-market audit, tax, and consulting. Comparable in scale and in targeting owner-managed businesses and SMEs.
• BDO Cyprus: Mid-tier international accounting network with a Cyprus office delivering audit, tax, and advisory services to SMEs and owner-managed businesses. Most directly comparable peer in scale, service mix, and target client segment.
• Mazars Cyprus: International audit, tax, and advisory firm with a Cyprus office serving mid-market and owner-managed clients. Comparable in service mix and client profile, operating at similar mid-tier scale.
• Crowe Cyprus: International accounting network with a Cyprus member firm offering audit, tax, and advisory services. Comparable mid-tier peer competing for the same owner-managed and SME mandates in Cyprus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/michalis-avraam-chartered-accountants-limited

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Michalis Avraam & Partners Limited