FEES & ARTIST'S RESALE RIGHTS
ArtProQuo charges a commission of 20% + VAT on the final sale price of artworks sold.
ARTIST'S RESALE ROYALTIES
If an induvidual piece of artwork sells for €1,000 or more, through ArtProQuo, in the European Economic Area (EEA), it will be subject to Artist Resale Royalties. ArtProQuo will manage the payment via DACS on your behalf.
The royalty is worked out according to a sliding scale from 4% to 0.25% and is not subject to VAT.
Example retained proceeds
If you sell a piece of artwork (in the EEA) for £1,500 (c.€1,678) you will receive:
Sold Price: £1,500
- £360 (ArtproQuo Commission inc. VAT)
- £60 (Artist Resale Royalty)
= £1,080.00 proceeds of sale retained by seller
We will provide you with an indication of the fees asscoiated with your artwork resale.