The Italian Chamber of Deputies has recently approved the “Made in Italy” Draft Law on Yachting, resulting from the discussion between “Confindustria Nautica”, the Minister of Business and Made in Italy, the Ministry of Infrastructures and Transports and the draft law’s rapporteurs. The draft law will have to be approved by the Senate. The novelties, […]
Author Archives: Gianfranco Puopolo
The international movement of cultural property is regulated by Legislative Decree no. 43 of January 22, 2004 (“Code of Cultural Heritage and Landscape” or the “Code”), which has been subject to numerous amendments, inter alia: – Law no. 124 of August 4, 2017, “Annual Law for Market and Competition”; – The Ministerial Decree of May […]
What is the applicable EU legislation? With reference to EU law, on April 20, 2023, the European Parliament has approved the final text of the Markets in Crypto-assets Regulation (MiCA) legislation, which will enter into force between 2024 and 2025 and it will apply directly across the EU without any need for national implementation laws. […]
Cryptocurrencies have already been used in yachts’ purchases and charters, which are mainly paid in bitcoins. In particular, such payments were made in bitcoins, but were afterwards converted into fiat currency. In fact, the number of companies now accepting payments in cryptocurrency is enormously growing. They use third-party platforms specialized in cryptocurrency’s exchange, such as […]
Introduction The phenomenon of cryptocurrency and crypto technology and their relevant use in various industries is becoming more and more popular in recent years and its increase is occurring in a remarkable way. The yachting industry has also been positively affected by the use cryptocurrency. In fact, we have already witnessed the occurrence of yachts’ […]
INTRODUCTION The construction and purchase of yachts in Italy is a rather complex procedure from a legal and fiscal point of view. For this reason, in order to ensure the best possible experience, it is advisable for the buyer to be assisted by experts in Italian maritime law and taxation in order to minimise the […]
On the occasion of the first day of the Monaco Symposium on Luxury organized by the International University of Monaco taking place in the Principality of Monaco from April 4 to 6, 2023, we attended a very interesting event named “New Forms of Luxury… For a Better Tomorrow”. The speakers included Carlo Moltrasio of Bain […]
Italy is fighting a legal battle over the assets of Russian oligarchs, and some of them are responding by appealing to the Lazio Regional Administrative Court. Indeed, behind the war in Ukraine there are legal disputes related to sanctions decided by the European Union against Russia and its oligarchs. In Italy, 28 of them are […]
CONTENTS INTRODUCTION PRELIMINARY STEPS STAGE 1: IRREVOCABLE PURCHASE OFFER STAGE 2: PRELIMINARY CONTRACT STAGE 3: DEED OF SALE AND PURCHASE TAXATION CONCLUSIONS 1. INTRODUCTION Italy is widely recognised for its abundance of cultural beauty and its remarkable geographical diversity, with which comes a rich and dynamic property market. The Italy Luxury Real Estate Market […]
Cantieri di Pisa is a long established luxury motor yacht builder in Italy and an iconic yacht brand, founded in 1945. With an extremely rich history, Cantieri di Pisa has delivered more than 700 yachts. After a period of inactivity, the shipyard was bought 18 months ago and is back in business to build and […]
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