Author Archives: Gianfranco Puopolo

Legal Framework and Competent Authorities Purchasing or selling an aircraft registered in the Italian Civil Aviation Registers requires an extensive knowledge of the Italian Navigation Code (“INC”) – which includes a specific section on navigation by air –, as well as of the special legislation at EU level and of the international conventions governing all […]

Selling a business aircraft in Europe or Monaco in 2025 involves a layered process that blends international tax and Customs planning with transactional discipline: title transfer, due diligence, payment structuring, and regulatory compliance must all be synchronized. From the aircraft’s location to the buyer’s tax status, each variable can materially affect the outcome. In this […]

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, […]

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 […]

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 […]