Business leaders, doctors, lawyers, notaries, architects, and all liberal professions can collect works of art through Art leasing.
What is Art leasing?
Art leasing, or Art rental with an option to purchase (LOA), is a simple, fast, and economical financing solution, suitable for all companies and liberal professions wishing to build an Art collection. LOA is the provision of one or more works, within the framework of a rental contract, accompanied by a purchase option.
How does Art leasing work?
The use of this type of financing for the acquisition of works of Art falls within the scope of office decoration and furnishing, under account 6068 of the general accounting plan.
Who is concerned?
• All companies subject to corporate tax (IS), through the expense deduction mechanism: SA, SAS, EURL, SARL.
• All companies or liberal professions subject to income tax in the category of industrial and commercial profits BIC (SNC).
What is the duration of the lease and the amounts financed?
• From 12 to 36 months maximum according to the best optimization for you.
What documents are required to qualify for Art leasing?
• Copy of the company’s Kbis
• Copy of the manager’s ID
• RIB
• On request: the latest balance sheet, tax package
The financial and tax advantages of Art leasing
• Fiscally, the rents are deductible from the taxable result and reduce the IS for companies or the IRPP for liberal professions.
• Financing 100% of the work over several years does not mobilize equity and the company’s borrowing capacity is maintained.
• The lease lightens the top of the balance sheet.
• LOA offers a wide choice of artists and, unlike sponsorship, is not limited to living artists only.
• The works can be displayed in all spaces, even those not accessible to the public, which is not the case with sponsorship.
• At the end of the rental contract with the purchase option, the works are sold at a low residual value known in advance.
Why invest in Art?
By introducing Art into your professional spaces, you support artistic creation and thus create a strong business project, unifying for employees, partners, and the general public.
• The first reason is the pleasure of admiring, living with, and being stimulated by works on a daily basis.
• The Art market is an expanding market that remains a safe haven in times of crisis.
• Art remains a profitable investment that allows you to diversify your assets through attractive taxation.
• Art creates a strong social bond: bringing art into the company provides employees with an innovative work environment, strengthens social bonds, stimulates creativity, improves the working environment, values employees, develops a sense of belonging to a team, and boosts corporate culture.
• Art is a powerful external communication vector that conveys your company’s values of creativity and openness, gives a unique identity to your premises by adding a soul to each living and working space, and creates a positive impact on clients and prospects.
Need advice?
We support you in the choice of available works. We can provide recommendations for installation, scenography, and hanging of the works in your spaces.
Bring an artistic project to life while reducing your taxes!