The tannery industry is one of the economic sectors that contributes to the development of different countries. Globally, Europe and Asia are the main producers of this industry, although Latin America and Africa have been growing considerably in recent years. With this growth, the negative environmental impacts towards different ecosystem resources as a result of the discharges of recalcitrated pollutants, have led to different investigations to generate alternative solutions. Worldwide, different technologies have been studied to address this problem, biological and physicochemical processes have been widely studied, presenting drawbacks with some recalcitrant compounds. This review provides a context on the different existing technologies for the treatment of tannery wastewater, analyzing the physicochemical composition of this liquid waste, the impact it generates on human health and ecosystems and the advances in the different existing technologies, focusing on advanced oxidation processes and the use of microalgae. The coupling of advanced oxidation processes with biological processes, mainly microalgae, is seen as a viable biotechnological strategy, not only for the removal of pollutants, but also to obtain value-added products with potential use in the biorefining of the biomass.