Artleasing
Finally also in Hungary: Art Leasing for companies and institutions (hereinafter called “Artleasing”) An innovative and attractive alternative to buying high quality art.
Operational Leasing – the most important advantages:
- Lower capital commitment, flexible lease periods, low monthly payments
- The leasing provider enters the leased object onto his books - thus ensuring financial neutrality for the lessee
- Leasing payments are operating expenses and can be deducted by the lessee
- Sales tax is charged for the leased art works and is pre-tax deductible
- A residual value remains at the end of the lease
- Options at the end of the lease include: return the artwork, extend the lease, purchase the equipment via the lessee or a third party
- Artleasing is very interesting for companies with cost budget but without investment budget
Please don’t hesitate to contact us for detailed informaitons.