{"id":5796,"date":"2023-10-26T07:40:12","date_gmt":"2023-10-26T07:40:12","guid":{"rendered":"https:\/\/www.italiafideiussioni.it\/?p=5796"},"modified":"2026-03-29T22:02:20","modified_gmt":"2026-03-29T22:02:20","slug":"financial-capability-certification-nautical-schools-new-rules-october-2023","status":"publish","type":"post","link":"https:\/\/www.italiafideiussioni.it\/en\/financial-capability-certification-nautical-schools-new-rules-october-2023\/","title":{"rendered":"Financial Capability Certification for Nautical Schools: New Rules from October 31, 2023, and New Amount to Guarantee"},"content":{"rendered":"\n

Financial Requirements for Nautical Schools: What You Need to Know In the October 16, 2023 edition of the Official Gazette, Decree No. 142 dated August 30 was published, introducing regulations pertaining to nautical educational institutions.<\/span><\/p>\n\n\n\n

This regulation will be operational from October 31, 2023.<\/span><\/p>\n\n\n\n

The world of nautical schools is a continuously growing sector, with increasing numbers of navigation enthusiasts eager to acquire the skills necessary to master the seas.<\/span><\/p>\n\n\n\n

However, opening and running a nautical school requires more than a deep understanding of waters.<\/strong><\/span><\/p>\n\n\n\n

You also need to meet certain financial requirements established by Decree No. 142 of August 20, 2023. In this article, we will delve into Article 4 of this decree, addressing the minimum equity or financial capacity requirements.<\/span><\/p>\n\n\n\n

Positive customer reviews are tangible proof of our excellence. <\/span> <\/span>Read our customer testimonials<\/a><\/span><\/strong> to see what people who have experienced our services have to say. Equity Capacity: 50,000 Euros To start and run a business like a nautical school, it’s essential to demonstrate a solid financial base.<\/h3>\n\n\n\n

Equity Capacity: 50,000 Euros <\/span><\/h2>\n\n\n\n

To start and run a business like a nautical school, it’s essential to demonstrate a solid financial base.<\/span><\/p>\n\n\n\n

According to the first point of Article 4, a nautical school must have an equity capacity of no less than 50,000 euros.<\/span><\/p>\n\n\n\n

This requirement can be met by presenting a certification issued by a legal auditor registered in the legal auditors’ registry, as set out by the Legislative Decree of January 27, 2010, No. 39.<\/span><\/p>\n\n\n\n

Alternative Financial Capacity: 50,000 Euros <\/span><\/h2>\n\n\n\n

However, the decree also offers an alternative to meet this financial requirement.<\/span><\/p>\n\n\n\n

According to the second point of Article 4<\/a>, a nautical school can prove a financial capacity<\/a> of no less than 50,000 euros by presenting a creditworthiness certification issued by companies or credit institutions, or financial companies<\/a> as per Article 106 of the Legislative Decree of September 1, 1993, No. 385.<\/span><\/p>\n\n\n\n

Financial Capacity Model for Nautical Schools <\/span><\/h2>\n\n\n\n

This can be achieved using the form in Annex I, which is an integral part of the regulation.<\/span><\/p>\n\n\n\n

10-16-2023 OFFICIAL GAZETTE OF THE ITALIAN REPUBLIC General Series \u2013 No. 242 ANNEX I (Article 4)<\/span><\/p>\n\n\n\n

LETTERHEAD (of the company, credit institution, or financial company with a share capital of not less than \u20ac 2,500,000.00)<\/span><\/p>\n\n\n\n

CERTIFICATION Upon request of the concerned party, we certify that this institute (or company) has granted Mr.\/Company ___________________ VAT\/Tax ID _____________________________ in the technical form of ________________________________________________________ a credit of euro ______________________________ (_______)<\/span><\/p>\n\n\n\n

_____________________, on ______________ Signature ___________________<\/span><\/p>\n\n\n

\n\n

We are Agents of the only financial company authorized to issue Guarantees and Financial Capacity certifications for the operation of Nautical Schools<\/a>.<\/span><\/h3>\n\n\n