The new ligand, bis(2-hydroxybenzaldehyde)diaminoguanizone (1) has been synthesized and characterized by elemental analysis, IR and 1H NMR spectroscopies. The crystal structure of the compound was determined by X-ray diffraction. The ligand C15H15N5O2·C2 H5OH crystallizes in the monoclinic space group P21/c with unit cell parameters a = 8.9102(3), b = 10.0357(3), c = 19.7618(6) Å, β = 98.385(2)°, Z = 4, V = 1748.21(9) Å3, R1 = 0.040. The amino form of the ligand adopts a planar conformation stabilized by two intramolecular hydrogen bonds of the type O–H···N, in which the H atoms of the central amino group are directed to the lone-pair regions of the azomethine nitrogen atoms.