by Pininfarina of America

International icon of Italian style and award-winning design firm, Pininfarina, is pleased to announce the opening of an office in New York City.

“We believe that New York is a key epicenter of creativity and design innovation in the United States, and we are thrilled to be bringing Pininfarina’s human-centric, forward-thinking design approach into the fold,” says Silvio Pietro Angori, Chief Executive Officer at Pininfarina Group, of the firm’s decision to open a second office in the United States, after Miami.

“With our unique proposition of 360-degree-service capabilities and commitment to design excellence across all disciplines––from product and industrial design to architecture and interiors, from nautical to any kind of mobility solutions––we see this location as an exciting opportunity to continue building on the groundwork we’ve laid as a company and as a premium exclusive brand,” says Claudio Da Soller, Senior Vice President and General Manager at Pininfarina of America.

Composed of a diverse team from nine different countries, Pininfarina of America has doubled in size since it was first established in Miami in 2014, tripling its volume of business in the last three years alone. In 2021, it received the prestigious Great Place to Work Certification™––an employee satisfaction-based recognition of the firm’s commitment to cultivating an inclusive workplace culture that celebrates wellbeing, ingenuity, and creativity––which has further inspired an unprecedented 50% year-over-year growth for the first half of 2022.

The New York City team will be responsible for broadening the firm’s reach in the region––tasked with bringing the brand’s holistic, human-centered ethos to new collaboration and partnership opportunities across the United States in Product and User-Experience Design, as well as Architecture, Interiors, Nautical, Aviation, and Transportation Design and Mobility Solutions.

From left to right: Claudio da Soller , Senior Vice President of Pininfarina America; Silvio Pietro Angori, Chief Executive Officer of Pininfarina Group; Paolo Trevisan, Head of Design of Pininfarina America

• Sustainability is one of the pillars of Air Europa’s Business Class, since its planes consume up to 20% less fuel, which results in lower emissions; and because it has cutting-edge technology, it generates an acoustic impact that is up to 60% lower
• Lower cabin pressurization, which reduces jet lag, and a seating layout that gives all passengers direct access to the aisle
• The range of menus has been created by Martín Berasategui, the only Spanish chef awarded with 12 Michelin stars.

by MSC USA

On February 10, MSC USA, the United States cargo shipping arm of MSC Mediterranean Shipping Company (MSC), a global leader in transportation and logistics announced the plan to expand its Charleston County operations.

With an investment of more than $13.7 million , the expansion will create 135 new jobs increasing its local footprint to a total of more than 500 employees.

The South Carolina Coordinating Council for Economic Development has approved job development credits related to the project. The council also awarded Charleston County a $1.2 million Set-Aside grant to assist with the costs of site preparation and building construction.

“Our Mount Pleasant branch, like many other MSC USA branches in the United States, is set to grow exponentially. The decision to expand in the region is a testament to Charleston County’s exceptional talent and resources. We would like to thank Charleston County Economic Development, alongside the state of South Carolina, its Governor, and the mayor of Mount Pleasant for their community and business-friendly policies, which have made it possible for MSC USA to grow and flourish locally. We’re excited about the opportunity of drawing more talent to Mount Pleasant by continuing to invest in our workforce there.” said MSC USA President and CEO Fabio Santucci

Located at 700 Watermark Boulevard in Mount Pleasant, MSC is adding 25,000 square feet adjacent to the existing building and relocating corporate functions from its northeastern headquarters to complement the expansion locally.

Founded in 1970, MSC has 524 offices across 155 countries with over 100,000 employees worldwide. MSC USA opened in 1985 and has been serving the U.S. market for over 35 years. With access to an integrated network of road, rail and sea transport resources which stretches across the globe, MSC’s shipping line sails on more than 230 trade routes, calling at over 500 ports.

by Giusti USA

Founded in 1605 in Modena, Giusti is the oldest Balsamic Vinegar producer in the world.

Today, the company is guided by the 17th generation of the Giusti family. Claudio Stefani Giusti directs a team of over 50 employees with passion and an innovative enthusiasm, pursuing important expansion goals.

Giusti closed the 2021 financial year with a €11 million revenue, representing an impressive 35% growth rate on 2020. International markets now represent a 65% share of the company’s final revenue.

Giusti has invested in the implementation of specific geographic based strategies, team members’ professional growth, new international company branches with local recruitment, and constantly supports the diffusion of the culture of Balsamic Vinegar of Modena, promoting its use as a standout ingredient in applications ranging from appetizers to desserts, through to mixology.

Moreover, in 2021, Giusti’s international presence in Seoul (Korea) and New York City was expanded to include two new foreign branches in Hong Kong and Munich (Germany).

Giusti has also embarked on a novel retail format “Bottega Giusti,” where visitors are invited to taste and appreciate the complexity of balsamic flavors and its unique history, surrounded by ancient casks and unique tools. The first Giusti branded store was unveiled in 2019 in Modena city’s central square, followed by a second flagship store in the famous street of Via Spadari, Milan in December 2021. Giusti will be celebrating its third “Bottega Giusti” in the heart of Bologna later in 2022.

In 2022, Giusti will also embark on an ambitious renovation of its headquarters, with an innovative and modern expansion of the production area (3000m²) with a smart, efficient and – most importantly – sustainable architecture. This strategic investment, about €5 million, is tailored to support Giusti’s future growth, improve employees’ wellbeing, and create new work opportunities for the local community.

by Styl’editions USA

Styl’editions USA is pleased to announce the launch of the 2022 collection from Styl’editions, a world-renowned Italian company that produces a range of high quality wallpapers.

Styl’editions USA partners, Marco Bruzzi and Monica Melotti have been internationally recognized for their successful design development and project management. Known for their architectural and holistic approach to design, they meticulously curate and execute every detail – the result being stunning rooms and spaces. Styl’editions have won many awards both in Italy and internationally.

Their work and projects have been featured in Vogue, Miami Magazine, AD, Interni, Abitare, Forbes, Financial Times, Elledecor, and New York Social Diary, to name a few.

Styl’editions is a new brand proposed by Stylgraph, a leading company and reliable partner of the most important flooring and upholstery companies in the world, designing surfaces with over 30 years of experience.

With the purpose to make your space a sanctuary for your soul, Styl’editions creates timeless, beautiful, and yet practical wallpapers that spark conversation, and have a story to tell. The wallpapers combine the traditions of artisan decor with a uniquely thoughtful and imaginative point of view.

Styl’editions USA will be presenting their 2022 collection at the upcoming European Chamber’s business networking cocktail event on March 10^th in Miami.

You can learn more about Styl’editions by visiting:

Web:www.styleditions.com

Facebook: www.facebook.com/styleditions

Instagram:www.instagram.com/styleditionsofficial/

Email: info@styleditionsusa.com

By Salcedo Attorney at Law

Upon us is a new year and with it comes the start of the 2022 tax season. If you were a foreign seller of U.S. real property in 2021 and were subject to the FIRPTA income tax withholding, you will now be able to apply and possibly get all or part of the withholding back by filing a U.S. tax return and requesting a refund. The amount of gain (or loss) realized, along with other factors such as whether the property was depreciated, will determine whether and how much you will receive.

There is an “expedited” procedure to obtain a partial or full refund of withheld FIRPTA funds, the application for a withholding certificate (Form 8288-B). However, due to the IRS’ well-known processing delays, our firm advises clients, especially those selling property in the second part of a calendar year, to simply remit funds to the IRS via the normal procedure (Form 8288-A).

As to the specific filing requirements, a NRA seller has to possess a U.S. tax identification number to apply for a refund and file Form 1040NR, the U.S. Nonresident Alien Income Tax Return. Note that if you remitted FIRPTA funds to the IRS and you did not have an ITIN at that time, a form W-7 should have been filed requesting that an ITIN be assigned to you. Make sure to inquire with your tax professional on the status of that request.

If you are unsure about the details or have lingering questions, the time to act is now. You should contact your Certified Public Accountant or other tax professional well in advance of the April deadline to avoid the classic bottleneck effect that can cause delays or unnecessary stress.

Fabio Giallanza is a partner with Salcedo Attorneys at Law P.A. He focuses his practice in corporate and commercial transactions. He holds an LLM in Taxation from the University of Miami

by Salcedo Attorneys at Law

At the beginning of this year, Congress passed a landmark piece of legislation, the Corporate Transparency Act (the “CTA”), which will require all new and existing companies organized under the laws of any of the 50 U.S. states to disclose to the Financial Crimes Enforcement Network (FinCEN) the following information related to their UBOs:

• Full legal name;
• Date of birth;
• Residential or business address;
• A unique identifying number from a U.S. or foreign passport or identification document issued by a state. Foreign UBOs will have to also provide a certified copy of their passport.

U.S. entities will have to update their UBO disclosure yearly. There are exceptions to the UBOs disclosure requirements for those entities deemed of low risk from a financial crimes perspective. These include entities with over 20 employees that reported over $5 million in revenue on their latest tax return, along with certain regulated entities that are already subject to disclosure requirements.

FinCEN will not make UBOs information public and, as a matter of fact, access to such information is strictly limited to law enforcement and bank compliance purposes. There are criminal penalties attached to the unauthorized disclosure of UBOs information.

Compliance with the Corporate Transparency Act will be required when the implementing regulations are adopted. Congress has established a deadline of one year for the Department of Treasury to issue such regulations. In April the FinCEN issued an advanced notice of proposed rulemaking and opened the door to public commenting for initial input on procedures and standards for reporting companies to submit information as to their beneficial owner as required by the CTA. In total, 241 comments were made by the commenting period expiration in May with comments heavily focused on what entities should be exempted and what entities fit into the definition of a “reporting company”.

In the meantime, as we continue to await developments, business owners should begin reviewing the CTA to determine whether their entity will qualify as a “reporting company” subject to its requirements. If so, then business owners will want to (i) begin gathering beneficial ownership information, (ii) review governance documents to confirm there are no confidentiality clauses or other obligations that will conflict with the requirements under CTA, (iii) consider revising governance documents to require owners to disclose the required information, and (iv) implement a process for meeting the CTA’s requirements.

Fabio Giallanza is a partner with Salcedo Attorneys at Law P.A. He focuses his practice in corporate and commercial transactions. He holds an LLM in Taxation from the University of Miami.

By Visa Business Plans

Visa Business Plans recently partnered with the Latin America and Caribbean Chapter (LACC) of the American Immigration Lawyers Association (AILA) to present the “Righting the Ship – The Path Forward” conference held December 2-3 in Santa Fe, New Mexico.

Marco Scanu, founder and CEO of Visa Business Plans, attended the event, which marked Visa Business Plan’s first face-to-face conference in nearly two years, and was delighted to be able to meet with friends in the business immigration world again.

Conference participants enjoyed presentations covering a variety of areas including what consular officers are really looking for, extraordinary ability and nationality interest visas, and post-COVID lessons, among other relevant topics.

Attendees benefited from various interactive presentations and panel discussions among some of the leading immigration lawyers and experts in the United States. They also made new connections with other professionals sharing the common goal of helping immigrants successfully navigate legal issues in the country.

The LACC addresses the needs of immigration attorneys whose work focuses on legal issues in the Latin America and Caribbean jurisdiction. Its mission is to educate, network, and create a cohesive membership throughout the jurisdiction.

Visa Business Plans, under Marco Scanu’s leadership, has been supporting AILA chapters worldwide since the company’s inception in 2010. Participating in these conferences allows Visa Business Plans to stay up-to-date on immigration trends that allows it to constantly adopt its business plans to make sure they cover the latest immigration requirements while remaining rock-solid to confront any challenge.

Marco Scanu is the founder of Visa Business Plans, a Miami-based boutique consulting firm. Visa Business Plans has composed over 6,000 business plans for visa seekers looking to enter the United States. Visa Business Plans also provides consulting services to businesses and entrepreneurs.