Businesses and professionals, optimize your acquisitions with art leasing.
Gallery Schwab Beaubourg partners with Bail Art, a leading art leasing company in France since 2009, to offer businesses and self-employed professionals a Lease with Option to Purchase (LOA) solution tailored to their needs.
Financial leasing enables companies to acquire an artwork or piece of furniture for their workspace, while benefiting from an advantageous financing solution.
By nature, an artwork is not amortizable from an accounting perspective. Conversely, financial leasing provides significant tax savings for the company. The rents are deductible from taxable income and reduce corporate tax. At the end of the lease contract, the purchase option is free, allowing the company to acquire the artwork for a residual value.
→ Image and communication enhancement with clients and partners
→ Tax savings: rent payments are tax-deductible from taxable income, thus reducing corporate income tax (for companies) or income tax (for self-employed professionals)
→ Spread of rental charges from 13 to 48 months
→ Option to exercise the purchase option at a residual value at the end of the contract (LOA)
→ Paintings, sculptures, photographs, furniture, art objects, design, drawings, and prints, ...
In addition to Article 238 bis AB of the General Tax Code, leasing promotes the introduction of artworks into professional spaces. It supports artistic creation and encourages companies to promote the values of creativity and openness conveyed by art.
Contact us if you have any questions or if you are interested.