The firm LRB Tax & Legal has inaugurated a new office in Palma de Mallorca, expanding its national network. The firm, specialised in tax and legal advice, expects to create local jobs and attract clients from the tourism and real estate sectors.
LRB Tax & Legal has opened the doors to its new office in Palma de Mallorca, a move that consolidates its expansion across Spain. The firm, which until now mainly operated on the mainland, has chosen the Balearic capital for its first venture in the islands.
A commitment to the Balearic market
The new headquarters, located in the centre of Palma, will have an initial team of five professionals, according to sources from the firm. The plan is to double the staff in the first year, attracting local talent.
The decision responds to the growing business volume in the Balearics, especially in the tourism and real estate sectors. “Palma is a strategic hub for our clients, many of whom are international investors,” the company states.
The firm offers tax, accounting, labour, and commercial advisory services. Its arrival in Mallorca aims to provide support to family businesses and hotel groups that need close legal assistance.
Local impact and job creation
The opening of LRB Tax & Legal in Palma represents a boost for the island's job market. The firm has already begun the selection process for lawyers and tax advisors with experience in commercial and tax law.
Residents of Palma will benefit from a more agile and in-person service, avoiding trips to the mainland for consultations. The office will cater to both businesses and individuals with significant assets.
The Palma City Council values the arrival of new professional service firms. “It strengthens the business ecosystem of the city,” municipal sources indicate.
Competition and opportunities in the legal sector
The legal advisory market in Mallorca is competitive, with well-established local and national firms. However, LRB Tax & Legal is confident in its specialisation in international taxation to make a difference.
The firm already has clients in the Balearics who were previously served from Madrid. The opening of the Palma office will allow for reduced response times and provide a more direct service.
For the average citizen, this news means more options when choosing tax advisory services, especially in a context of constant regulatory changes.
LRB Tax & Legal expects to close the year with a turnover in the Balearics of 500,000 euros, a figure it hopes to double by 2027. The Palma office opens its doors from 9 am to 6 pm, with prior appointment required for initial consultations.
You may also like
