Galleries
Here you will find BKF's recommendations for appointments at galleries.
Indicative terms for gallery agreements
- Commission for the sale of works is agreed within a framework of 25-50 percent of the sale price.
- Mediation of decoration tasks is agreed within a framework of 10-25 percent of the task's artist fee.
- The gallery pays for the transport of artworks to and from the gallery.
- The gallery covers the cost of insurance for works of art in the gallery's custody.
- The gallery pays a separate fee to the artist for lectures, promotion, etc
- If production costs, e.g. framing, materials, etc., amount to more than 5% of the sales price, the total production costs are deducted prior to distribution between artist and gallery.
BKF has prepared standard agreements for use when collaborating with galleries. You can find the standard agreement here…
Artist VAT at galleries
To be able to use the advantageous artist VAT, sales through a gallery must take place as an instructional sale. This means, among other things, that the sale takes place on behalf of the artist and that the artist retains ownership of the work until payment to the gallery has taken place.
Settlement according to gross principle or net principle?
BKF believes that the profit from using the advantageous artist VAT should accrue to the artist and not the gallery. Therefore, BKF recommends that settlement between artist and gallery takes place on a gross basis.
If, for example, it has been agreed that the sale of works is distributed 50/50 between the artist and the gallery, the calculation looks like this according to the gross principle and the net principle respectively:
Artikler's report
- News, Misc
Member has been required to pay full tax on a production grant from the Statens Kunstfond.
- News, Misc
