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  • Droit de Suite

    DROIT DE SUITE

    The applicability of droit de suite (the artist's resale right) has taken effect on 1 April 2006 and applies to:

    Original works of art by artists (alive or up to 70 years after death), being a national or an inhabitant of an EEA (European Economic Area) state or a country that applies a mutual droit de suite.

    Arts & Antiques Group BV will collect the legally compulsory droit de suite fee from the buyer for the financial settlement.

    The droit de suite fee will be collected over a sale price starting at €3000,- including the premium (excluding VAT) and will be calculated using a sliding scale of percentages of the sale price:

    > €3.000 - ≤ €50.000 4%
    > €50.000 - ≤ €200.000 3%
    > €200.000 - ≤ €350.000 1%
    > €350.000 - ≤ €500.000 0,5%
    > €500.000 0,25%

    (with a maximum of €12.500,-)