The EU Commission authorizes the Italian International Registry measures until 2023.

On the last 11 June 2020, the EU Commission extended the Italian International Registry measures to 2023 on condition that Italy enacts some amendments to the provisions of the Italian Register regulation. In particular, Italy undertook to ensure a reduction of the shipping companies’ Corporate Income tax to certain revenues, such as the ones deriving from transport activities and other ancillary revenues. Finally, shipping companies that want to benefit from the International Register regime must fly the flag of a European Union State or the European Economic Area.

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COVID-19 INSIGHTS: NEW GUIDELINES FROM EUROPE FOR RESTARTING CRUISE SHIP OPERATIONS

EU Healthy Gateways (a Joint Action Consortium founded in 2014  by European Union with the aim of supporting cooperation between member states in dealing with health threats in the transport sector) recently provided an interim advice “for restarting cruise ship operations after lifting restrictive measures in response to the Covid-19 pandemic”.

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European Commission’s approval of Italian tax measures for maritime transport.

On last 11 June 2020 the European Commission, in the context of its role in relation to State aid, approved the prolongation until end 2023 of a number of Italian support measures for maritime transport under Italy’s “International Registry” scheme.

Italy has committed to a number of changes to its scheme to avoid undue competition distortion as well as to prevent any discrimination between shipping companies and registries of different European Economic Area (EEA) States.

In this respect, the Italian authorities have committed to extend the benefits of the scheme to all eligible ships that fly an EEA flag, in order to prevent any discrimination between shipping companies and registries of different EEA States and to preserve internal market rules on freedom of establishment.

COVID-19 INSIGHTS: THE IMPACT OF THE LEGISLATIVE DECREE NO. 34/2020 (SO-CALLED “DECRETO RILANCIO”) ON PORT WORKS AND MARITIME TRANSPORT

On last 20th of May by the Legislative Decree no. 34/2020 (so called “Decreto Rilancio”) the Italian Government issued a number of measures concerning port works and maritime transports aimed at supporting companies  operating in Italian ports in order to assist them in facing the business disruption directly and indirectly connected to the spread of the Coronavirus.

COVID -19 INSIGHTS – New sanitary measures related to bareboat and time charter of yachts and pleasure vessels

Following the latest measures adopted by the Italian Government to face the healthcare emergency raised by Covid 19, on 17 May 2020 the Ministry of Infrastructure and Transport issued Guidelines related to land and sea transport, with the aim to impose specific health obligations in order to contain the spread of the infection. Among the various recipients of the aforementioned  Guidelines there is also the sector of charter of yachts and pleasure vessels, in which it has been established the adoption of important and strict health provisions for the operators.

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