Latin America - Mexico

Galicia Abogados S.C.

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Galicia Abogados S.C. has rapidly established a strong tax practice that makes for an excellent choice in the most complex tax-heavy transactional matters, and is increasingly seen as a destination for pure tax instructions. The practice has recently been particularly active in the financial sector, supporting financial institutions in the face of a more aggressive position on the part of the tax authority. The firm continues to invest in the practice, hiring Eduardo Michán from Deloitte Impuestos y Servicios Legales, S.C. in mid-2022, and also bringing in senior associates Eduardo Espinosa and Ivonne Montaño from Creel, García-Cuéllar, Aiza y Enríquez, S.C.; all three bolster the tax offering to clients in the private equity space. Michán joins a group of five practice heads, coordinating the team alongside Gabriela Pellón and Federico Scheffler, who focus on tax consultancy; and Edson Uribe and Denise Lester, who are the contacts to note for tax disputes. At associate level, Alejandra Paniagua and Sebastián Ayza are both gaining profile on the tax consultancy side, while as regards contentious matters, Fernando Gómez and Alejandro Madero are the names to note. Since publication, the practice has been notably strengthened as regards fiscal litigation with the hire of Paola Yaber, a former magistrate at the Tribunal Federal de Justicia Fiscal y Administrativa, as partner - effective as of January 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Very up to date knowledge of tax aspects involving VC transactions and foreign investment, and cross-border debt facilities.’

  • ‘Federico Scheffler and Sebastián Ayza are extremely diligent and quick with providing advisory. Very good business-knowledge and understanding that facilitates negotiations in the fintech environment.’

  • ‘Galicia is an excellent law firm. They have supported in tax and contractual matters with the best quality. Its internal teams are excellent professionals.’

  • ‘Eduardo Michán is an excellent professional. Always available; he has impeccable detail and customer service. His advice is very accurate, he transmits a lot of security in the most complex issues and he connects very well with the client and their needs. I would recommend him without hesitation.’

Key clients

  • Banco Nacional de México
  • Samsung – SNB Technologies
  • Cemex
  • HSBC México
  • Institución de Banca Múltiple
  • Grupo Financiero HSBC
  • Sony Pictures Distribution Mexico
  • Sony Pictures Home Entertainment de México
  • Tata Consultancy Services México
  • Inter-American Development Bank
  • Actis GP
  • Liquor Lions
  • Bonatti
  • Saavi Energía
  • Grupo Fevisa
  • KPS Capital Partners
  • Vertical CDMX
  • CMACGM México
  • Inmobiliaria Monte Athos
  • Edrington México
  • Productores de Vinagre Provisa
  • Fundación Espacio V
  • Weifang Kitchinet
  • Lomelin Administracion de Proyectos
  • Papu Media
  • Grupo Hexa
  • Servicios Administrativos Aluminicaste
  • GMI Capital
  • Grupo Meusnier
  • Jardin Guadalupano
  • Grupo Constructor Legacy
  • Pret Communique
  • Grupo TMM
  • Hoteles City Express
  • Evertec México Servicios de Procesamiento
  • Club España
  • Operaciones Planigrupo
  • Disarch
  • Aranzazu Holding
  • Namce
  • Femsa Comercio
  • Walstead Group
  • EDP Renováveis
  • Laboratorios Liomont
  • Bank of America - Administradora Mel
  • Promotora Inmobiliaria Masalto
  • IKE Grupo Empresarial
  • UDRA
  • Grupo Nacional Provincial
  • Promecap
  • Cabo Development
  • García Tagliavini Producciones
  • Charles Taylor
  • Applus México
  • Vector Casa de Bolsa
  • Caltos Corp

Work highlights

  • Advised Hoteles City Express and its operating affiliate Operadora, on the tax aspects of entering into a strategic relationship with Marriott International, and the sale of five brands.
  • Assisted Banco Nacional de Mexico with tax, regulatory and labour issues of the implementation of a complex restructure in the context relating to the Mexican Labour Subcontracting Reform.
  • Assisted UDRA, as part of a multi-practice team, with the Mexican Labour Subcontracting Reform.

Practice head

The lawyer(s) leading their teams.

Gabriela Pellon, Federico Scheffler, Eduardo Michán, Edson Uribe, Denise Lester