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Caro & Asociados integrates B Law & Tax and accelerates its expansion in Spain

The operation strengthens the Peruvian firm's international presence and incorporates in Madrid a legal and tax boutique with a proven track record, recognition and a practice specializing in international matters
By Heidi Maldonado

Caro & Asociados and B Law announced the integration with B Law & Tax, a Spanish firm based in Madrid and recognized for its high specialization in international tax and legal advice and for its experience supporting clients with business, wealth and cross-border interests.

This operation represents a new milestone in the international expansion strategy of Caro & Asociados, thus reinforcing its presence in Spain through integration with a firm with more than 20 years of experience and a team of 20 professionals, recognized by the local market and by leading international directories such as Chambers & Partners, Legal 500 or ITR.

As part of this new phase, Alfonso Garrido and Inmaculada Pineda will remain partners at B Law & Tax, ensuring the continuity of local expertise, client relationships, and the high technical standards that characterize the firm. B Law & Tax has advised on over €1.2 billion in assets, serves clients in 82 countries—72% of which are international—and maintains a 95% client retention rate.

Alfonso Garrido is a founding partner and director of B Law & Tax since 2005 and has extensive experience advising national and international companies and clients on tax matters, gained at prestigious national and international law firms. Inmaculada Pineda, managing partner, leads a practice with a strong international focus, specializing in advising corporate groups, high-net-worth clients, foreign investors, and investment structures in Spain.

B Law & Tax will initially retain its name as part of a progressive integration strategy, aimed at preserving its market position and enhancing it within a broader international platform.

“This integration marks a decisive step in our international consolidation. We are incorporating a firm with a solid position, local leadership, and highly complementary capabilities, strengthening the Spain-Latin America axis and expanding our value proposition for clients with increasingly sophisticated needs,” said Dino Carlos Caro Coria, founding partner of Caro & Asociados.

The operation strengthens Caro & Asociados’ presence in Europe and expands its capacity to support companies, business families, investors and executives in highly complex matters, combining local knowledge in Spain with an international strategic vision.

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