Caro & Asociados Integrates B Law & Tax to Accelerate Expansion in Spain

The Peruvian firm strengthens its international presence by incorporating a Madrid-based legal and tax boutique with 20 years of experience.

Facade of a modern office building in Madrid.
IA

Facade of a modern office building in Madrid.

Peruvian firm Caro & Asociados has announced its integration with Spanish firm B Law & Tax, enhancing its international presence and Madrid-based team.

The operation consolidates the international presence of the Peruvian firm Caro & Asociados, which is merging with B Law & Tax, a renowned Spanish firm based in Madrid. This integration aims to boost international tax and legal advisory services, as well as expertise in cross-border matters for corporate and wealth clients.
This strategic move marks a milestone in Caro & Asociados' expansion in Spain. B Law & Tax brings over 20 years of experience, an annual turnover of 2.5 million euros, and a team of 20 professionals. The Spanish firm is recognized by international directories such as Chambers & Partners, Legal 500, and ITR.
Alfonso Garrido and Inmaculada Pineda will continue as partners at B Law & Tax, ensuring the continuity of local knowledge and client relationships. The firm has advised on over 1.2 billion euros in assets, with clients in 82 countries, 72% of whom are international, and maintains a high recurrence rate of 95%.
Alfonso Garrido, founding partner and director since 2005, possesses extensive experience in tax advisory for national and international companies. Inmaculada Pineda, managing partner, focuses on advising corporate groups, high-net-worth clients, and foreign investors.
Initially, B Law & Tax will retain its name as part of a progressive integration strategy, aiming to enhance its market positioning within a broader international platform.

"This integration marks a decisive step in our international consolidation. We are incorporating a firm with a solid positioning, local leadership, and highly complementary capabilities, strengthening the Spain-Latin America axis and expanding our value proposition for clients with increasingly sophisticated needs."

Dino Carlos Caro Coria · founding partner of Caro & Asociados
The operation, advised by Diferencia Legal and Hampton Headhunting, reinforces Caro & Asociados' presence in Europe and expands its capacity to assist companies, family businesses, investors, and executives in highly complex matters, combining local knowledge in Spain with an international strategic vision.