Dibenzyltin bis(2‐ethylhexanoate) 1 (4‐YC6H4CH2)2Sn(OC(O)R1)2 [Y = H, 1a; MeO, 1b; Cl, 1c; Me, 1d; and R1 = MeCH2CH2CH2CH(Et)] were synthesized either from the reaction of corresponding dibenzyltin dichlorides with silver 2‐ethylhexanoate or from the reaction of dibenzyltin oxides with 2‐ethylhexanoic acid. Compound 1a was further utilized as a catalyst for the reaction of mono‐ and di‐isocyanates [PhNCO, CH3C6H3‐2,4‐(NCO)2 and OCN(CH2)6NCO] with alcohols (primary, secondary, tertiary, cyclohexcyl, alkyl, allyl, benzyl and aryl) leading to the formation of the corresponding urethanes. The catalytic efficiencies of 1 vis‐à‐vis industrially known organotin catalysts have been determined through kinetic studies for the reaction of PhNCO and n‐BuOH at various temperatures. Compounds 1a, 1c and 1d show higher efficiency than dibutyltin bis(2‐ethylhexanoate). FTIR studies further provide mechanistic insights into the catalytic cycle, which comprises pre‐coordination of isocyanate to tin(IV), formation of stannyl carbamate and generation of dibenzyl(alkoxy)carboxylate as the active catalyst. Copyright © 2000 John Wiley & Sons, Ltd.