Grant Thornton Guatemala

What Grant Thornton Guatemala does

Grant Thornton Guatemala is a Guatemala City-based professional services firm and member of Grant Thornton International Ltd (GTIL), the global accounting and advisory network. Founded in 2002 and operating for over 22 years in the Guatemalan market, the firm employs 40 professionals and delivers five core service lines: audit and assurance, tax advisory and compliance, consulting (including M&A due diligence, corporate reorganization, and refinancing evaluation), corporate accounting and outsourcing (payroll, tax returns, expatriate services), and legal services. A corporate governance advisory practice supplements the core portfolio. The firm serves mid-to-large enterprises and dynamic organizations across eight verticals: energy and resources, financial services, food and beverage, hospitality and tourism, non-profits, public sector, real estate and construction, and technology.

The firm operates a partner-led, relationship-driven engagement model, with all services delivered through direct engagement at its Guatemala City office in the Europlaza World Business Center. No proprietary technology platform is maintained; the firm leverages GTIL's shared global tools, methodologies, and delivery models, and benefits from cross-border referrals within the global network of 80,000+ professionals across 150+ countries. Pricing is bespoke, with no publicly disclosed fee schedules; engagements are scoped per client via proposals, and billing cadences extend to multi-year contracts for audit and outsourcing work. Revenue is generated exclusively through professional services fees across the five service lines, with no product, subscription, or transaction-based revenue streams.

The go-to-market is enterprise-field-sales and sales-led, combining senior partner-led client acquisition with content marketing (articles, thought leadership, webinars, events) and a structured website contact form for service-type inquiries. The firm's competitive positioning rests on global brand recognition, deep local market tenure (22+ years), and access to multinational cross-border capabilities through the GTIL network.

Name

Grant Thornton Guatemala

Legal name

Grant Thornton Guatemala

Website

https://grantthornton.gt

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Grant Thornton Guatemala is a Guatemala City-based professional services firm (founded 2002; 40 employees) and member of Grant Thornton International Ltd, delivering audit, tax, consulting, outsourcing, and legal services to mid-to-large enterprises across eight industry verticals.

Ownership category

akta.pro rank

Product category

Professional Services — Accounting, Tax, and Advisory

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161), All Other Professional, Scientific, and Technical Services (54199)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742), Services-Legal Services (8111)

akta.pro primary industry

Audit & Assurance Services (BPAHABAA)

akta.pro secondary industries

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF), Fee-Based Advisory (FSAEAAAM), Local Entity Setup & Expansion Advisory (Market Entry, Subsidiary Formation) (BPACAHAM)

Keywords

• Audit and assurance services
• Tax advisory services
• Management consulting
• Accounting and outsourcing
• Legal advisory services

Headquarters

HQ city

Guatemala City

HQ country

Guatemala

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Audit / Assurance Services: Audit and assurance services including financial statement audits, compilation of financial statements, reviews of financial statements, conversions to IFRS, and reports on controls in service organizations. Also covers individual financial statements for tax purposes, consolidated financial statements, and IFRS implementation and training.
2. Tax Services: Tax advisory and compliance services including case analysis and tax opinions, transfer pricing and international taxes, tax compliance reviews, administrative tax defense, advice for companies qualifying for tax benefit laws, and tax training.
3. Consulting / Advisory Services: Customized consulting solutions covering integrated global solutions, buy-side due diligence (M&A), corporate reorganization, refinancing evaluation, and efficiency and operations assessment. Solutions are tailored to the client's specific organization, requirements, and objectives.
4. Corporate Accounting and Outsourcing: Outsourcing services including tax return preparation, tax book preparation, payroll services, expatriate services, and accounting services. The global outsourcing business represents over $250 million USD. Services are confidential, efficient, and integral.
5. Legal Services: Legal services covering legal restructuring of operations, entity formation, investment protection, buy-sell asset advice, legal and labor evaluation, trademark and distinctive sign registration, and labor advisory.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Grant Thornton Guatemala delivers a five-line integrated professional services portfolio: audit and assurance (financial statement audits, IFRS conversions, reviews), tax advisory and compliance (transfer pricing, international taxes, tax defense), consulting/advisory (M&A due diligence, corporate reorganization, refinancing, efficiency assessments), corporate accounting and outsourcing (tax return preparation, payroll, expatriate and accounting services), and legal services (restructuring, entity formation, trademark and labor advisory). Services are tailored to each client's specific organization, requirements, and objectives rather than delivered as off-the-shelf packages.

Product overview

Grant Thornton Guatemala is a professional services firm offering an integrated suite of audit, tax, consulting, corporate accounting/outsourcing, and legal services. Its core portfolio consists of five service lines — Auditoría, Impuestos, Consultoría, Contabilidad corporativa y outsourcing, and Legal — each addressing distinct client needs across industries including energy and resources, financial services, food and beverages, hospitality and tourism, non-profits, public sector, real estate and construction, and technology. The services are coordinated globally through the Grant Thornton International network, applying shared strategy to ensure consistency and quality across all offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Auditoría (Audit and Assurance) Audit and assurance services including financial statement audits, compilations and reviews of financial statements, conversions to IFRS, and reports on controls in service organizations. The service also covers individual financial statements for tax purposes, consolidated financial statements, and IFRS implementation and training. Each audit includes observations and commentary on the client's actual business performance.
• Impuestos (Tax Services) Tax advisory and compliance services including case analysis and tax opinions, transfer pricing and international taxes, tax compliance reviews, administrative tax defense, advice for companies qualifying for tax benefit laws, and tax training.
• Consultoría (Consulting / Advisory) Customized consulting solutions covering integrated global solutions, buy-side due diligence (M&A), corporate reorganization, refinancing evaluation, and efficiency and operations assessments. Solutions are tailored to each client's specific organization, requirements, and objectives.
• Contabilidad corporativa y outsourcing (Corporate Accounting and Outsourcing) Outsourcing services including tax return preparation, tax book preparation, payroll services, expatriate services, and general accounting. Designed to improve efficiency and reduce costs for client organizations of all sizes.
• Legal (Legal Services) Legal services covering legal restructuring of operations, entity formation, investment protection, buy-sell asset advice, legal and labor evaluation, trademark and distinctive sign registration, and labor advisory.
• Gobierno Corporativo (Corporate Governance Advisory) Corporate governance advisory services including documentation and analysis of controls, governance design and implementation, governance compliance, director evaluations, and succession planning.

Quantifiable outcome

• Grant Thornton International achieved record global revenue of $6.6 billion USD in FY 2021, up 14.3%, with the outsourcing business alone representing over $250 million USD globally.
• +1 more outcomes

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Grant Thornton International Ltd (GTIL)coreOthersGrant Thornton Guatemala is a member firm of Grant Thornton International Ltd (GTIL), the international umbrella organization. GTIL is a UK-based private company limited by guarantee, incorporated in England and Wales. It owns the Grant Thornton brand and coordinates the global network of member firms across 150+ countries. GTIL does not itself deliver services to clients; services are delivered by member firms. GTIL and its member firms do not represent or obligate each other and are not liable for each other's acts or omissions. This is the foundational structural relationship of the firm rather than a commercial partnership.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• BDO Guatemala: BDO Guatemala is the local member of BDO International, the world's fifth-largest accounting network. Like Grant Thornton Guatemala, it targets mid-market companies with audit, tax, and advisory services, and operates with comparable scale and similar global-network distribution.
• PKF Guatemala: PKF International is a global accounting network with member firms across Latin America including Guatemala. It provides audit, tax, and advisory services with a comparable mid-market focus, positioning it as a direct peer to Grant Thornton Guatemala.
• Baker Tilly Guatemala: Baker Tilly is an international accounting and advisory network with a presence in Guatemala. It is one of the closest direct competitors to Grant Thornton Guatemala, targeting mid-market companies with audit, tax, and consulting services through a comparable member-firm model.
• RSM Guatemala: RSM is a global network of independent audit, tax, and consulting firms with presence in Guatemala. It targets the middle market with services overlapping Grant Thornton Guatemala's portfolio, making it a direct peer in the mid-market professional services segment.
• Crowe Guatemala: Crowe Global is an international accounting network with a Guatemalan member firm. It competes with Grant Thornton Guatemala for mid-market audit, tax, and advisory mandates, with similar scale and a comparable member-firm positioning.
• Mazars Guatemala: Mazars is an international audit, tax, and advisory firm with operations across Central America including Guatemala. It is a direct competitor to Grant Thornton Guatemala for mid-market and cross-border engagements, with a similar integrated-service model.

Broad incumbents

• KPMG Guatemala: KPMG Guatemala is the local member firm of KPMG International, the fourth member of the Big Four. It delivers audit, tax, and advisory services to Guatemalan enterprises and competes directly with Grant Thornton Guatemala for cross-border and large local mandates.
• EY Guatemala (Ernst & Young): EY Guatemala is the local member firm of Ernst & Young Global Limited, one of the Big Four. It provides audit, tax, transaction advisory, and consulting services to Guatemalan enterprises and is a primary competitor for Grant Thornton Guatemala's target mid-to-large client segment.
• PwC Guatemala: PwC Guatemala is the local member firm of PricewaterhouseCoopers International Limited, another Big Four network. It offers the same core audit, tax, and advisory services as Grant Thornton Guatemala and competes head-to-head for large multinational and local enterprise engagements in the Guatemalan market.
• Deloitte Guatemala: Deloitte Guatemala is the local member firm of Deloitte Touche Tohmatsu, one of the Big Four global accounting networks. It competes directly with Grant Thornton Guatemala for audit, tax, consulting, and advisory mandates from mid-to-large enterprises in Guatemala, while drawing on a much larger global bench.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/grantthorntongt

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Grant Thornton Guatemala