Deloitte Art & Finance
Deloitte team has passion for arts and brings extensive professional service expertise for companies with various ownership structures from a number of industries, as well as for private clients globally. This wealth of experience is used by our specialists to provide services to art collectors, museums, art galleries, art brokers and artists.
Who can use our insights
- Museums, art galleries, exhibition spaces
- Private clients
- Art dealers
Deloitte’s specialists provide professional law, taxation and customs regulation services to assist international art market participants. Art, culture and finance are dedicated business lines in 25 Deloitte offices around the world, including the US, Canada, Luxembourg, the UK, Spain, Italy and France.
The deep understanding of this industry’s specifics allows specialists of Deloitte’s Legal Practice to provide comprehensive assistance to art market participants to ensure their full compliance with the Russian and international law.
We also provide legal support to museums, galleries, and exhibition spaces, and render consulting services on general corporate and labor matters relating to business operations, the structuring of purchase and sale transactions involving objects of art and antiques, as well as other services.
We offer a wide range of advisory and tax services to art market participants including tax due diligence, assistance with obtaining social tax deductions, and preparation of personal tax reporting documents. Our approach combines understanding of the client business specifics, the use of innovative solutions, and extensive industry experience.
Customs regulation services
We offer support to companies during customs clearance or to appeal customs rulings. We provide due diligence of applicable prohibitions and restrictions, and assist with handling customs declarations and payment of duties with respect to artworks moved across borders. Deloitte’s expertise in this industry also enables our specialists to assist companies with legal proceedings involving customs regulation breaches.