Clifford Chance

Competitiveness Decree converted into Law

12 August 2014

Breakthrough tax and legal measures to enhance credit opportunities for Italian businesses become final through conversion of the Decree Law.

Law decree 91 of 24 June 2014, known as the "Decreto Competitività" (the "Decree")1, introduced a set of measures to boost access to financing for Italian businesses. These new measures are now final, following the Decree's conversion into law by the Italian Parliament on 6 August 2014. The conversion law is to be published soon in the Official Gazette of the Italian Republic (the "Conversion Law").

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