The properties of PdII complexes containing hemilabile pyrazole‐derived ligands (L) of the form BPz‐(CH2)xA(CH2)yA(CH2)x‐PzB, with A being a donor atom and B a substituent group at the pyrazole ring, have been investigated through quantum‐chemical calculations. The geometries of the [PdLCl2] and [PdL]2+ complexes have been optimized and the reaction free energy of [PdLCl2] → [PdL]2+ + 2 Cl– computed for 32 different ligands, using the hybrid B3LYP density functional method. The formation of the tetracoordinate [PdL]2+ complexes is more favorable for the longer (eight‐ and nine‐membered) chains than for the shorter (six‐ and seven‐membered) ones. Moreover, results show the nature of the donor atom A influences significantly the formation of [PdL]2+, the process becoming more favorable according to the order PH > NH > S > O. Finally, electron‐donor substituents at the pyrazole ring enhance the formation of [PdL]2+, whereas electron‐acceptor groups hinder the process. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2006)