Introducing Hy-C® Energy Booster: Rejuvenating Your Skin from Within

By Eye Pharma

Eye Pharma has recently partnered with the  former Italian tennis champion Flavia Pennetta to promote their latest products, Hy-C®. This cutting-edge dietary supplement, meticulously crafted by Eye Pharma, aims to revolutionize skincare, providing protection against the inevitable signs of aging and shielding the skin from the detrimental effects of UV rays.

Hy-C® is an energy booster designed to replenish what the aging process tends to take away – the vitality of youth. This “ready to use” antioxidant booster is presented in convenient single dose vials, delivering a powerful combination of ingredients to revitalize your skin. 

Ingredients:

Hy-C® stands out with its unique blend of ingredients, carefully selected to combat the effects of aging. The booster contains hyaluronic acid, derived from bacterial fermentation (not from animal sources), and an extract of red oranges sourced from the Mount Etna in Sicily. 

How to Use:

The Hy-C® booster is incredibly user-friendly, it can be consumed directly from the vial or diluted in water, making it convenient for those on the go. This booster provides a direct infusion of essential nutrients, working in harmony with the body to counteract the signs of cellular aging, photoaging, and chrono-aging.

Nutricosmetics Trend:

Hy-C® is at the forefront of the nutricosmetics trend, emphasizing the importance of systemic care that addresses internal deficiencies. Paired with Hy-C® Cream, a specialized eye contour product, this duo embraces the concept of providing the body with what it naturally loses over time. The booster goes beyond the surface, enhancing the efficacy of the cream. 

Replenishing Lost Components:

One of the key components in Hy-C®, hyaluronic acid, experiences a physiological decline starting around the age of 25, and we cannot replenish it through diet alone. By working deeper than traditional creams, Hy-C® not only amplifies their effectiveness but also speeds up recovery times, augmenting the outcomes of aesthetic treatments.

Hy-C® is readily available for purchase online or at your local Med Spa.

For more information about Hy-C® please click on the following link: https://hy-c.info

Eye Pharma Online Shop:https://shop.eyepharma.us

Strengths & Weaknesses of Italians at Work

By Yer USA

Cultural differences could impact the workplace. Understanding your own cultural strengths and weaknesses can positively improve collaboration among diverse teams.

The strengths of Italians at work:

Creative problem solving: Italians are creative by nature. They are excellent in providing solutions especially when there is no process or procedure in place!

Work & Play: Italians work long hours. They are committed employees and generally care about their workplace. Italians nature encourages personal relationships and exchange. Coffee breaks are frequent, and they are almost never taken alone because they are about enjoying an espresso while exchanging few words or jokes with coworkers.

Sense of the Aesthetic: Italians have a great sense of beauty. It might be ingrained in their DNA. They produced some of the most important artists of all times.

Interpersonal skills: Italian culture is relationships-based. Trust is earned slowly. A referral can make a world of difference when starting a new business relationship.

The weaknesses of Italians at work:

“Italians have weaknesses?” asked a client when I told him about my new article.

“Should I put conceited under strengths?”, I replied with a smirk. No further comment needed!

Discipline: Italians tend to lack structure. It is not uncommon to prepare an agenda for a meeting and end up discussing other topics. They have visions and ideas, but they may get lost during execution.

Bluntness: Italians can be confrontational and openly criticize others. They do it with good intentions, though. To them directness is a synonym of honesty and transparency. However, others may perceive their bluntness as rudeness.

Decision-making: Italians are slow decision-makers. During a meeting everyone is encouraged to express an opinion but after an animated discussions there is only one person that makes the final decisions. This is because Italian society is still hierarchical.

Ivana Lodovici is an international headhunter, interviewing coach, resume writer, and cross-cultural recruiting consultant. 

Contact her at ivanalodovici@yer.com to engage her in a search or book a speaking engagement.

Navigating the Corporate Transparency Act: Key Compliance Requirements and Implications for Businesses

By Silvestri International Corp

Effective January 1, 2024, the Corporate Transparency Act (CTA) will require companies formed through document filings with the relevant Secretary of State or registered according to foreign state regulations, operating in the USA, and not falling under any of the 5 exempt categories (Reporting Company), must submit “Beneficial Ownership Information” (BOI) to the Financial Crimes Enforcement Network (FinCEN), a division of the Department of the Treasury. This data comprises the names, dates of birth, residences or business addresses, and copies of identification documents for the beneficial owners of the Reporting Company.

The CTA defines a beneficial owner as any individual who, either directly or indirectly, through contracts, agreements, or other relationships, holds substantial control over the company or owns/controls a minimum of 25% of its corporate shares. Substantial control over a Reporting Company is deemed to be exercised by any individual who:

  • Holds a senior officer position;
  • Has the power to appoint or remove an officer or the majority of the Board of Directors;
  • Has decision-making powers over significant business activities;
  • Exercises any other form of substantial control.

Companies established before January 1, 2024, are required to file a Beneficial Ownership Information (BOI) report by January 1, 2025. For those formed during the calendar year 2024, the report can be submitted within 90 days of their formation and registration. Starting January 1, 2025, new companies must file the BOI report within 30 days of their establishment.

While we understand the objective of promoting financial transparency, it is crucial to emphasize that this new regulation differs significantly from the BE-12 Benchmark Survey requested for statistical purposes in the year 2023. The distinctions go beyond the required information, the recipient entity, and the scope, encompassing applicable sanctions as well.

Failure to report or the submission of false information may result in civil penalties of up to $500 per day or criminal penalties, including imprisonment for up to two years and a fine of up to $10,000, imposed on the senior officers of non-compliant companies.

Attorney Bartolomeo Pizzoli

Pininfarina of America Celebrates a Decade of Creativity and Innovation in Design

By Pininfarina of America

Pininfarina of America, subsidiary of the iconic design firm, celebrated its 10th anniversary with a special event held in Miami. The celebration took place on December 8th, during the weekend of Art Basel, at the prestigious The Concours Club – an exclusive members-only automotive country club in Opa-Locka. Significantly, the Club’s Events Center, set to open early in 2024 has been designed by Pininfarina itself. In addition to showcasing its innovative design collaborations, through images and activations during the event, many iconic cars designed by the brand, have been display during the occasion.

In the past decade, Pininfarina of America has partnered with major brands such as Coca-Cola, GE, Lenovo, The Related Group, Cisco, and 200 others, designing top-line products, architectural projects and groundbreaking design ideas that have received major award recognitions, such as, the International Architecture Award, Fast Company, Red Dot Design Awards, and many more.

Pininfarina of America’s rapid growth has been fueled by the loyalty of its clients, with nearly two-thirds becoming recurring customers. This focus on client satisfaction has led to consistent growth in the company’s business, which has seen double-digit increases for five consecutive years, including becoming the number one Italian signature in the world for number of branded residences.

Headquartered in Miami with a satellite office in New York City, and with clients scattered across north and south America, Pininfarina of America’s multi-faceted client offering includes architecture and interior design, industrial and product design, nautical, transportation, UX and UI, and more.

Pininfarina of America is also dedicated to sustainability and actively contributes to its local communities and industries through a range of ESG initiatives in both Miami and New York City. The company is also focused on the well-being of its employees and has received the prestigious Great Place to Work® certification for the past three consecutive years.

Follow this link to view the 10 years celebratory video of Pininfarina of America: www.youtube.com

From Italy to Palm Beach, Frascione Gallery Opens a New Location on Exclusive Worth Avenue

By Frascione Gallery

Frascione Gallery, an esteemed gallery in Florence, Italy, is embarking on its expansion into the United States with the launch of its second gallery set to grace the prestigious Worth Avenue in Palm Beach. 

Frascione Gallery is renowned for Old Master masterpieces and will now also offer art aficionados a curated selection of Modern and Contemporary art.

Nestled in the Via Amore courtyard, the new Frascione gallery epitomizes European sophistication and elegance, reminiscent of its Florence counterpart situated on the historic Via Maggio. The gallery’s address is 256 Worth Ave. Via Amore, Suite O, Palm Beach, FL 33480, and more information can be found at Frascione.com.

Federico Gandolfi Vannini, the fourth-generation owner, along with his wife Daisy Diaz, Frascione’s cultural director, are dedicated to seamlessly integrating museum-quality works in today’s interiors.

“Art is timeless,” comments Gandolfi Vannini. “While we continue to collaborate with museums and traditional collectors, we are excited to showcase works by the great Old Masters beyond museum walls and investment portfolios, alongside 20th and 21st-century art, which speaks volumes to the contemporary mindset. It reframes art history while offering a fresh perspective on collecting art.”

Details about the opening exhibition and the gallery’s inaugural debut at the Palm Beach Show – AKA the Palm Beach Jewelry, Art & Antique Show from 

February 15 to 20, 2024, at Booth 400/501, will be unveiled in the next two weeks.

About Frascione Gallery

Frascione Gallery, founded in 1893 by Enrico Frascione, specializes in European paintings from the 14th to 17th century, with a focus on the Renaissance. 

the gallery debuts Frascione Palm Beach in February 2024, harmonizing Old Master paintings with modern and contemporary art. 

Offering tailored consultations, it collaborates with art historians and contributes to academic publications. Frascione serves a global clientele, solidifying its status as a beacon of artistic excellence.

FinCEN Extends Reporting Deadline for New Companies

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) finalized a rule last month to extend the deadline for companies created or registered in 2024 to file their initial beneficial ownership information reports. The rule will require most U.S. corporations, limited liability companies, and other entities created in or registered to do business in the U.S. to report information about their beneficial owners—the persons who ultimately own or control the company—to FinCEN.

With the most recent amendment, the reporting deadline for companies created or registered in 2024 is extended to 90 days from the receipt of public notice of their registration instead of the 30 days initially proposed.


What are the important dates and deadlines for reporting?

This new ruling will go into effect on January 1, 2024.

  • Companies that existed before January 1, 2024 will have one year to submit their first report (by January 1, 2025).

  • Companies created or registered after January 1, 2024 and through the end of the year will now have 90 days to submit their first report after they are established.

  • Companies created or registered on or after January 1, 2025 will still only have 30 calendar days to submit their first report after they are established.

Additionally, after submitting the initial report, all companies will have to update the information about their owners within 30 days of any changes.

Who is considered a “beneficial owner”?

In general, a beneficial owner is any individual (1) who directly or indirectly exercises “substantial control” over the reporting company, or (2) who directly or indirectly owns or controls 25 percent or more of the “ownership interests” of the reporting company.

Whether an individual has “substantial control” over a reporting company depends on the power they may exercise over a reporting company. For example, an individual will have substantial control of a reporting company if they direct, determine, or exercise substantial influence over, important decisions the reporting company makes. In this regard, any senior officer is deemed to have substantial control over a reporting company. The ownership interests can include simple things like regular shares of stock or more complicated arrangements. According to FinCEN, they expect the majority of companies to have straightforward ownership structures.

What companies will be required to report?

Certain companies—referred to as “reporting companies”—will be required to report their beneficial ownership information to FinCEN.

A domestic reporting company is defined as:

  • a corporation,

  • a limited liability company, or

  • any other entity created by the filing of a document with a secretary of state or any similar office under the law of a state or Indian tribe.

A foreign reporting company is any entity that is…

  • a corporation, limited liability company, or other entity formed under the law of a foreign country, AND

  • registered to do business in any U.S. state or in any Tribal jurisdiction, by the filing of a document with a secretary of state or any similar office under the law of a U.S. state or Indian tribe.

If you had to file a document with a state or Indian Tribal-level office to create your company or to register it to do business if it is a foreign company, then your company is most likely a reporting company, barring any applicable exemptions.

For the definitions of both domestic and foreign reporting companies, a “state” means any state of the U.S., the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the U.S. Virgin Islands, and any other commonwealth, territory, or possession of the U.S.

However, if an entity qualifies for one of the 23 exemptions in the Corporate Transparency Act, they will not be considered a reporting company, and therefore not required to file a report. This includes banks, credit unions, and more. (Note: A full list of exemptions can be found here. If you would like to discuss these exemptions and determine qualification, please contact us today.)

What information will companies have to report?

A reporting company will have to report:

  • Its legal name;

  • Any trade names, “doing business as” (d/b/a), or “trading as” (t/a) names;

  • The current street address of its principal place of business if that address is in the United States (for example, a domestic reporting company’s headquarters), or, for reporting companies whose principal place of business is outside the U.S., the current address from which the company conducts business in the U.S. (for example, a foreign reporting company’s U.S. headquarters);

  • Its jurisdiction of formation or registration; and

  • Its Taxpayer Identification Number (“TIN”).

A reporting company will also have to indicate the type of filing it is making (that is, whether it is filing an initial report, a correction of a prior report, or an update to a prior report).

We’re here to help

Although reporting will begin in January 2024, there is not yet a landing page on FinCEN’s website to do so. Once it is launched and operational, you will report your company’s beneficial ownership information electronically through a secure filing system available there.

If you would like to understand more about this filing or its qualifications, or you’d like to inquire about exemptions, contact us today. As with any new ruling, we encourage you to reach out to your tax advisor with any questions or concerns you may have.

By Fernando Lopez, International Tax Services Partner

TeamLogic IT Opens in Miami

TeamLogic IT has opened an office in Miami,

Florida. The business is owned by Guido Candiani.

TeamLogic IT is a national provider of advanced technology solutions for companies of all sizes, with more than 270 independently owned and operated locations across North America, TeamLogic IT helps companies minimize downtime and improve productivity by providing IT services and technology support.

A native of Italy who now resides in Miami, Guido has worked and lived in several countries throughout Europe and Latin America. His educational background is in business and engineering, and he worked 30 years for a multinational information and communications technology business. His tenure there gave him a broad base of experience in IT, networking and communications technology, and business development and operations.

 “The need for reliable IT-managed services continues to increase, and I’m looking forward to serving businesses throughout Miami that need a strong technology partner to secure their infrastructure, enable remote work and ensure business continuity,” Guido said. “I’m committed to helping SMBs find technology solutions that reduce costs, improve efficiencies and maximize their technology investments while delivering a white-glove service experience.”

TeamLogic IT has been named the 2020 and 2021 MSP (managed services provider) of the Year by Channel Futures and the No. 1 technology franchise by Franchise Business Review.

The company has also been recognized by Inc., EntrepreneurFranchise Times and other organizations as one of the fastest-growing

private companies in America.

“The combination of being able to provide world-class IT services because of our nationwide presence, combined with the benefit of local management teams, has allowed TeamLogic IT to experience significant growth over the past few years,” said Dan Shapero,

president and COO of TeamLogic Inc.

Contact:

Guido Candiani

Phone: 305.363.4655

Email: gcandiani@teamlogicit.com

Website: TeamLogic IT – Miami

DARIO SNAIDERO CELEBRATED THE GRAND OPENING AT THE MANDICASA MIAMI FLAGSHIP SHOWROOM

On May 11th President Dario Snaidero and CEO, Alberto Snaidero of LUXITALY Group hosted almost a hundred and fifty architects, developers, and interior designers for the Grand Opening of the MandiCasa brand’s Miami Flagship showroom.
Joining Dario and Alberto were the VP of Multi-Housing Giulio Petrilli, along with Ana Gladstone and the complete MandiCasa Miami team and Miami design professionals toasted t MandiCasa’s grand opening with Italian fine wines, cocktails, and delicacies while enjoying the stunning selection of Made-in-Italy designs.
Wine Import & More provided the Scarpetta Timido Wine from Friuli, the same Italian region were MandiCasa’s kitchens are manufactured.
Guests included Miami Designers Hugo Mijares, Carlos Valenti, Varlos Castaneda, Vlada Finsky and more.

Istituto Marangoni Miami at Cabana Lounge Design Exclusive

Istituto Marangoni Miami debuted its major interior design presence at the CABANA International Trade Show last July 8-10, 2023 at the Miami Beach Convention Center.
Founded in Milan in 1935, Istituto Marangoni Miami offers a unique blend of academic learning with creative and practical activities interlaced with its rich Italian heritage. Throughout its nearly 90-year history, Marangoni has contributed to shaping countless key figures of the fashion and design industries around the world as well as spring-boarded the careers of thousands of students who have gone on to join the world’s most prestigious brands.
Cabana trade show is a carefully curated environment that presents a stylish world of fashion and lifestyle, bringing together top brands and retailers in Miami. With categories spanning a huge array of swimwear, resort wear, accessories, jewelry, activewear, and footwear, Cabana ultimately connects brands, retailers, and industry trendsetters who are inspired by a sense of discovery.
This exclusive collaboration opened the opportunity for the creation of an inviting Lounge designed by talented Interior Design student, Pavitra Thakkar. Her design manifests her outstanding skills and unique perspective, which seamlessly resonates with her Indian heritage. Drawing inspiration from Miami’s vibrant atmosphere, Pavitra has ingeniously crafted a lounge area that embodies the city’s prominent pink color.
Executive Director Nevio Boccanera of The Italy-America Chamber of Commerce Southeast- Miami, also expressed that the Lounge has uniquely fostered interaction and relaxation while establishing a dynamic connection with the exhibitions at Cabana.
Overall, the Cabana Lounge Project conveys an immersive learning experience to challenge the students’ creativity and sensitivity. The awesome Lounge just manifests that the school empowers design students to embrace a disciplined process and assertively deliver their own cohesive spatial syntax, says Dr. Thelma Lazo-Flores, Dean of Interior Design.

Bonfiglioli Consulting USA and Lincotek Medical team up to revolutionize Orthopedic device manufacturing with lean principles

By Bonfiglioli Consulting USA Inc.

Bonfiglioli Consulting USA is proud to announce a new collaboration with Lincotek Medical, a leading global contract manufacturer providing full-service medical device development and manufacturing for the orthopedic market. The goal of this partnership is to significantly reduce throughput times and improve efficiency and reliability by launching a profound manufacturing efficiency program based on lean principles in the 4 American manufacturing plants.

This exciting partnership will focus on optimizing the performance of the corporation’s manufacturing facilities by identifying improvement opportunities and defining a future state model that can be achieved within a reasonable timeframe.

The multi-site project will involve a comprehensive range of activities, including a preliminary analysis of each plant to understand the value stream and identify root causes, followed by the development of a prioritized list of actions. The Bonfiglioli Consulting team will then work closely with the corporation’s staff to provide training on lean principles specific to the actions identified in each plant.

The project will also involve the optimization of multi-site production impacts, a preliminary analysis of the supply chain, and the analysis of the manufacturing footprint.

Bonfiglioli Consulting-Octagona is a globally recognized one-stop-shop consulting group with over 100 consultants operating in 12 offices worldwide. Specializing in strategy, organization, operations, sales, digital transformation, sustainability, and training/certifications as a certified excellence partner of Bosch, the group brings a wealth of experience and expertise to the project.

Lincotek Medical, headquartered in Italy, is the medical division of Lincotek, a family-owned Group that has served global markets for 50 years. The business has more than 1,700 employees located in 20 production facilities across Europe, North America, and Asia.