KPMG Abogados, Spain > Madrid, Spain > Firm Profile

KPMG Abogados, Spain
28046 MADRID

Spain > Tax: The Big Four Tier 2

KPMG Abogados, Spain offers clients a full-service tax law offering, showcasing notable strength in the structuring of business transactions and tax disputes at the local and European level. Other key areas of expertise for the team include real estate and financial services tax issues, customs and excise duties, as well as international and indirect tax. The team, which is overseen by Alberto Estrelles, features corporate income tax and tax litigation specialist Julio César García Muñoz, and Natalia Pastor, who is a key contact for both domestic and international indirect tax issues. Jose Diaz-Faes is proficient in international tax and transfer pricing.

Practice head(s):

Alberto Estrelles

Other key lawyers:

Julio César García Muñoz; Natalia Pastor; Jose Diaz-Faes; Pilar García Molinero; Irene Cao; Ricardo Valencia

Key clients

Banco Santander





Banco De España



Melia Hotels International

Siemens Gamesa

Work highlights

  • Represented two of the seven main operators in the fuel energy sector in the challenge of the non-tax patrimonial benefit established on a temporary basis by Law 38/2022.
  • Acted on behalf of energy supplier DISA in a CJUE preliminary ruling referred by the Supreme Court of Spain in the context of a cassation appeal brought by DISA.
  • Advised Investindustrial on the divestment of 100% stake in the Neolith Group.

Spain > Employment Tier 3

KPMG Abogados, Spain’s expertise spans the gamut of employment matters, including collective dismissals, equality plans, social security issues and litigation. Leadership is shared between Francisco Javier Hervas Martinez, who is noted for his skills in collective bargaining agreements, corporate restructurings and remuneration schemes, and Francisco Fernandez Diez, who predominantly handles M&A work. Blanca Mercado Grande, who joined from Ceca Magán Abogados in November 2022, possesses a strong track record in dismissals, collective negotiations and labour disputes.

Practice head(s):

Francisco Javier Hervas Martinez; Francisco Fernandez Diez

Other key lawyers:

Blanca Mercado Grande; Francisco Artacho Sanchez


‘Very efficient team with a lot of technical knowledge. Furthermore, they are always very attentive, even when there is a lot of pressure.’

‘The team is very accessible and it is easy to collaborate even when different legal systems are involved. They have a very practical approach.’

‘They are very practical and objective, they always look out for the client’s interests, and they are very good at relating to and managing clients, even when they are difficult.’

‘This team has very high availability and flexibility, as well as excellent legal service.’

‘I would highlight KPMG’s agility when it comes to answering questions and its flexibility in providing advice.’

‘We really like Francisco Fernandez for his closeness and his vision when it comes to working together with internal legal advisers of companies.’

‘Always available and with practical solutions.’

‘Great training, excellent at understanding the complexities of daily business practice.’

Key clients


Econocom España


Orlegi Sports

Grupo Prim


Greening Group

Gonzalez Byass Uk Ltd.

Acerca de CHEP España

Canon Medical Systems

Cook Medical

Work highlights

  • Represented Grupo Ilunión in litigation proceedings against the Ministry of Employment and Social Economy before the Social Chamber of the High Court of Justice of the Community of Madrid.
  • Advised Adient Automotive on collective negotiations with works councils and trade unions in order to implement an employees’ voluntary separation plan in different worksites of the company in Spain.
  • Assisted Mexican group Orlegi Sports with the employment law aspects of the acquisition of a majority stake in Spanish football club Real Sporting de Gijón.

Spain > Insurance Tier 4

The ‘highly specialised’ insurance team at KPMG Abogados, Spain is adept at handling regulatory, litigation, M&A and tax restructurings for its diverse client roster. With a wealth of experience in commercial, regulatory and transactional insurance matters, financial regulatory specialist Pilar Galán Gavilá oversees the alongside Irene Cao Ruiz, who has a keen focus on tax issues pertaining to the financial and insurance sectors. Francisco Carrasco Bahamonde leverages his strong background in the insurance segment to advise industry clients on regulations, corporate governance, drafting of policies and contracts, among other matters.

Practice head(s):

Irene Cao Ruiz; Pilar Galán Gavilá

Other key lawyers:

Francisco Carrasco Bahamonde; Pablo Alonso Montes


‘Firm with a highly specialised team in insurance regulation.’

‘Its ability to adapt to the client’s times and needs stands out. The team produces concise and technically correct deliverables. We highlight Pilar Galán Gavila as an outstanding partner.’

Key clients

Santander Mediación Operador De Banca-seguros Vinculado, S.A / Santander Seguros Y Reaseguros Compañía Aseguradora, S.A.

Vida-caixa, Sociedad Anónima De Seguros Y Reaseguros

Liberty Seguros, Compañía de Seguros y Reaseguros, S.A.

Axa Seguros Generales, S.A. de Seguros y Reaseguros

Santander Assurance Solutions, S.A.

Mediterráneo Vida S.A., de Seguros y Reaseguros

Chubb European Group S.E, Sucursal en España

Hannover Rück SE, Correduría De Seguros

Work highlights

  • Advised AXA on the acquisition of the Spanish insurance and non-insurance companies of French financial group Crédit Mutuel.
  • Advised Mediterraneo Vida on the acquisition of the insurance business of Metrópolis Seguros.
  • Advising the Spanish branch of Chubb on tax issues, particularly in relation to CIT and NRIT.

Spain > Public law Tier 4

Spain > Banking and finance Tier 5

KPMG Abogados, Spain stands out for its extensive knowledge of financial services regulatory matters, including compliance, investor protection, blockchain and fintech, as well as regulatory transactions and projects. Supported by a strong international network and benefitting from constant contact with the Spanish regulatory authorities, the group is adept at assisting new players with the development of technologies within the financial market, covering crypto assets, robo-advisors and digital services. Francisco Uría Fernández is a key contact in this space; he often advises credit institutions on banking and insurance-related issues, and the implementation of regulations. Another leading figure in this field, Pilar Galán Gavilá is knowledgeable of fintech and blockchain, e-payments and crowdfunding regulations. On the transactional front, the practice particularly excels in asset-backed deals, including aircraft and ship finance.

Practice head(s):

Francisco Uría Fernández; Pilar Galán Gavilá

Other key lawyers:

Luis Fernández; Carlos Rey; Pablo Alonso Montes; Manuel Aguilar García; José Millán


‘Francisco Uría Fernández is a unicorn, his experience, knowledge, and talent make him stand out from any competitor.’

‘Knowledge of regulations and trends in our sector.’

‘The entire team is very responsible. They are experts in this field and know our company well. Efficiency and clarity in responses.’

Key clients

SingularBank, S.A.

CaixaBank, S.A., Banco Santander, S.A., Credit Suisse, A.G. Sucursal en España, Credit Suisse Gestión, SGIIC, S.A., Amundi Iberia, SGIIC, S.A.U

Asociación Nacional de Entidades de Gestión de Cobro (ANGECO)

Caja Rural de Navarra, Sociedad Cooperativa de Crédito, Caja Rural del Sur, Sociedad Cooperativa de Crédito

Banco Santander S.A.

Sociedad Estatal de Participaciones Industriales (SEPI)

United Europhil EP, S.A., Digital Virgo EP, S.A.

Banco Santander, S.A.

CaixaBank, S.A.

PayXpert Spain, S.L., PayXpert Group

Spain > Commercial, corporate and M&A Tier 5

The ‘excellent professionals‘ at KPMG Abogados, Spain are equipped to handle all manner of corporate and M&A matters. Typical instructions range from disposals and acquisitions, to joint ventures, share capital increases and corporate governance issues. Based in Barcelona, Eneko Belausteguigoitia is active in corporate restructurings and in the negotiation of M&A contracts. Rafael Aguilar is a key contact in Madrid for private equity funds, private companies and public entities. Francisco Vázquez joined as partner from Ashurst LLP in May 2023.

Practice head(s):

Eneko Belausteguigoitia

Other key lawyers:

Rafael Aguilar; Borja Marqués Triay; Alejandro Blázquez; Francisco Vázquez


‘Excellent professionals, empathetic and with solid knowledge. Rafael Aguilar and Alejandro Blázquez are recommended.’

Key clients

Toppan Group

WMG Management Europe Limited (Wasserman)

VAM Investments Group s.p.a.

Plenius by Mirovia AB

Armònia SGR S.p.A.

Grupo Econocom España, S.L.

Telefónica Digital España, S.L.

Spain > Real estate and construction Tier 5

With particular strength in corporate structuring, M&A and joint ventures, KPMG Abogados, Spain is singled out for its ‘technical knowledge’, ‘flexibility and proactivity’. Leading the practice, Carlos Bardavío is regularly engaged by a variety of international and domestic clients from across the healthcare, hospitality and retail sectors for his experience with project finance and real estate asset management. María Llorens and Beatriz Ron are also noteworthy for their proficiency in real estate transactional matters.

Practice head(s):

Carlos Bardavío

Other key lawyers:

María Llorens; Beatriz Ron


‘KPMG’s real estate team is differentiated by its flexibility and proactivity. They are always willing to look for solutions adapted to their client.’

‘Stands out for its professionalism, technical knowledge of the subject and ability to adapt and simplify problems.’

‘Carlos Bardavío and his entire team are great professionals.’

‘Highly compensated and complete team providing multidisciplinary advice on real estate matters. It is a very well-rounded and compact team. Without a doubt a team on par with any other player on the legal market.’

‘Carlos Bardavío stands out for his fantastic technical advice.’

Key clients



Logistik Service


Healthcare Activos



Globe Iberia Estates

Omo Retail Invest

Camina Capital & Gestion

Work highlights

  • Advised real estate investment manager Patrizia on the acquisition of 2 student housing complexes in Barcelona.
  • Advised Segro on the sale of one of its largest properties in Spain, a logistics warehouse in Castellar del Vallés (Barcelona) let to top logistics operator IDL, to Hines.
  • Advised Omo Retail on a joint venture with a Spanish family office for the development and letting of a retail park in El Cañaveral, one of Madrid’s new urban developments.

Spain > EU and competition

Spain > Restructuring and insolvency

The firm

Founded in 1987, KPMG Abogados is one of the most prestigious law firms in Spain, and its legal and tax departments employ over 700 professionals in 13 offices throughout Spain, offering quality legal and tax advisory services within a multi-disciplinary framework.

Our professionals have the experience and technical knowledge necessary to offer the advice that customers require, with the highest quality. Our priority is to respond to your needs, addressing those issues of a legal nature that may affect you, with agility and technical precision

Areas of practice

KPMG Abogados is known for its profound knowledge of each of the areas of law related to the corporate world and to business in general. This allows it to offer clients the efficient, independent and rigorous assistance which they require, KPMG Abogados’ main legal areas are:

Banking, Finance & Regulatory Services:

KPMG Abogados offers clients (leading financial organisations) integrated and well-known teams who have the precise blend of skill and experience for the largest and most innovative projects in the sector. This includes public and private M&A, joint ventures and restructurings, regulatory compliance, investigations and disputes, debt and equity capital markets, structured finance and securitisation.

Mercantile & Corporate:

The KPMG Abogados mercantile department offers clients extensive experience and knowledge regarding the incorporation and establishment of all kinds of Spanish entities, as well as all types of corporate issues and transactions, including joint-ventures, mergers and acquisitions (legal due diligence, drafting and negotiation of sale and purchase of shares agreements, shareholders agreements and other transactional documents). The firm also provides legal services in connection with all kinds of commercial contracts and have specific teams with broad experience and track records in real estate law, maritime, transport and logistics law and intellectual and technology law. KPMG Abogados also offers its clients, banks and other credit and insurance complex and structured finance transactions (including, amongst others, rendering legal advice in numerous finance projects, assets structured finance and shipping finance transactions).

M&A & Corporate:

We provide assistance on all aspects of company mergers and acquisitions in any activity sector.

We provide sectorial and multidisciplinary advisory services, efficiently organizing the services required through coordination with the other KPMG teams involved, including financial, accounting, tax, labor or procedural law advisors taking part in the process.

The Mergers and Acquisitions team comprises highly qualified lawyers, with ample experience in the legal services needed at the various stages of a transaction. They have the unique ability to blend all the requirements of each and every one of our clients into a single service.

Our lawyers combine their legal skills with extensive knowledge of our clients’ industrial sectors. Some of the more important sectors are: Banking, Insurance, Real Estate, Telecommunications, Construction, Engineering, Advertising and Media, Energy, Food, Transport, Pharmaceutical Products, Biotechnology and Commerce.


The labour practice covers all aspects of labour and social security in the management of human resources. The firm could highlight the specialised services in corporate reorganisations and restructuring advice, as well as services related to negotiation during labour conflicts, both individual and collective, through mediation, arbitration and conciliation. KPMG can also highlight its specialised services in labour and social security audits.

Litigation & Bankruptcy:

The department defends clients in proceedings including debt recovery, insolvency, and contractual litigations as well as all kinds of services connected to bankruptcy through KPMG Concursal.

Legal Compliance:

The firm offers clients (leading quoted organizations) a well-known team who have the precise blend of skill and experience for the largest and most innovative Compliance projects in the sector and the involvement of its members in Compliance international processes to draft and discuss standards related to this field.

These projects include the implementation of Crime Prevention and Compliance Programs according to the most updated national (UNE 19601, to be approved) and international standards (ISO 19600, ISO 37001) covering these areas as well as the provision of technical support so our clients are able to develop compliance-related policies and controls to fulfill legal and regulatory obligations .

Regulatory, Administrative and Competition:

In addition to offering comprehensive counselling in Administrative Law in general, administrative proceedings and urban planning, the department has extensive experience in providing legal support to both private and public entities, belonging to the different regulated sectors (energy, infrastructures, audio-visual, telecommunications, postal services, gaming, transport, roads, ports, health, etc.). Moreover, it is comprised of first-class specialists in the fields of Competition Law and European Union Law.

Intellectual Property &  New Technology

KPMG Abogados  has in place an experienced IP and technology practice offering advice in a wide range of matters connected to the intellectual property domain (designing strategies for the protection of all types of intangible assets: software, media and contents, trademarks, designs and inventions) as well as comprehensive counselling in all types of digital transformation, new technology or cybersecurity projects.

In addition, it also has a team specialized in data protection with experts that have spent more than a decade advising national and international clients in all kind of projects (from GDPR readiness exercises, audits or DPO support services to representation of its clients in both the administrative and civil courts).


Department Name Email Telephone
KPMG Abogados Alberto Estrelles (Managing Partner)
Legal Financial Services Francisco Uría (Global Head of Banking & Capital Markets at KPMG)
Legal Financial Services Pilar Galán (Partner)
Regulatory, Administrative & Competition Ana López Carrascal (Director)
Regulatory, Administrative & Competition Carmen Mulet (Partner)
Legal Compliance Alain Casanovas (Partner)
Labour Javier Hervás (Partner)
Labour Francisco Fernández (Partner))
Commercial Law Luis Mingo (Partner)
Commercial Law Rafael Aguilar (Partner)
Commercial Law Luis Fernández (Partner)
Commercial Law Eneko Belausteguigoitia Mateache (Partner)
Commercial Law Luis Gomez Angelats (Partner)
Commercial Law Carlos Rey (Director)
Commercial Law José Marí Olano (Director)
Commercial Law Francisco J.Vázquez (Partner)
Commercial Law Jon Armendariz (Director)
Procedure Law Javier Zuloaga (Partner)
Procedure Law José Marí Olano (Director)
Data Protection, Intellectual Property& Technology, LOTS Noemí Brito (Director)
Tax Julio César García (Partner)
Tax Carlos Marín (Partner)
Tax Natalia Pastor (Partner)
Tax Pilar García Molinero (Partner)
Photo Name Position Profile
Jon Armendariz photo Jon Armendariz Director