Investing in Art
Investing in art means choosing rarity, beauty and long-term value.
An artwork is appreciated as much for the emotion it evokes as for the strength it brings to your assets. Galerie Estades places its expertise at the service of your ambitions, guiding you through the selection of exceptional works and providing discreet, personalised support at every stage of your acquisition.
For Businesses
Investing in art as a company means enriching your assets while asserting a strong identity.
Acquiring artworks helps enhance the company’s assets, distinguish your professional environment and offer clients, partners and employees a setting rich in meaning and creativity.
Such projects are ideally developed in collaboration with your finance department, communication team or accounting firm to ensure coherence and efficiency.
To meet your needs, two financing solutions are available:
- Acquisition of artworks through Art Patronage
- Art leasing (rental with option to purchase)
1. Artwork acquisition: Art Patronage
“For companies and professional practices subject to corporate tax, the legal framework of art patronage offers an attractive tax advantage.
It allows you:
▸ to deduct the acquisition cost from the taxable base
▸ up to a limit of 0.5% of annual turnover
▸ provided that works by living artists are displayed free of charge in your premises for at least five years
This tax framework makes acquisition a sustainable solution, enhancing your assets over time while strengthening your brand image.”
Download our Art Patronage catalogue2. Art leasing: a flexible alternative
“Leasing (rental with option to purchase) is a simple and confidential solution that allows artworks to be integrated without tying up cash flow.
It offers:
▸ rental payments deductible from taxable income
▸ cost spread over time
▸ the option to become the owner of the artwork at the end of the contract
▸ easy renewal of artworks to revitalise your spaces
Leasing is designed for companies seeking major artworks with flexibility, while preserving their investment capacity.”
Tax rules for Art Patronage
“From a tax perspective, it is essential to distinguish Art Patronage from other forms of patronage. For all in-kind patronage, the same rule as for financial patronage applies: 60% of the value of the donation may be deducted from the tax due, up to a limit of 0.5% of the company’s annual turnover excluding VAT.
Official texts:
•Law No. 2003-709 of 1 August 2003 relating to patronage, associations and foundations
•Article 238 bis AB of the French General Tax Code
Excerpt from Article 238 bis AB of the French General Tax Code on Art Patronage: “The purchase of original works by living artists or musical instruments may allow a deduction from taxable income for the year of acquisition and the four following years, in equal instalments, of an amount equal to the purchase price. Please note: this is not a tax credit but a deduction from the taxable base. The deduction may not exceed, each year, the limit of 0.5% of turnover, reduced by amounts paid under corporate patronage … »
For Private Individuals
“In France, artworks are classified as movable assets benefiting from attractive taxation, as they are not subject to wealth tax. This tax treatment applies to paintings, drawings, gouaches, watercolours, lithographs, engravings, ceramics and original sculptures.
Acquiring high-quality artworks signed by artists listed in France or internationally combines pleasure with an advantageous approach to building, diversifying, enhancing and passing on one’s assets.”
