Droit de Suite: Who Qualifies and What You Get
Learn how artists in Italy can receive a percentage of resale prices for their original works through the Droit de Suite scheme.
Droit de Suite is a system that allows artists to receive a percentage of the sale price when their original works are resold on the secondary market.
Who it's for
This scheme is designed for artists who are selling original works. If you are a creator of original artistic pieces, you may qualify to benefit from this system when those works are resold.
What you get
The main benefit of this scheme is financial compensation from secondary market resales. Specifically, you receive a percentage of the sale price whenever your original works are resold. This ensures that as your work is traded in the secondary market, you continue to receive a portion of the transaction value.
What it costs you
To access this scheme, there is an administrative requirement regarding the management of your work. You will need to handle the registration of your work with SIAE to ensure your rights are officially documented.
The catch to know
There is a specific limitation regarding how these sales must occur to trigger the benefit. This scheme only applies to sales that are conducted through professional art dealers. If a resale occurs through a different method that does not involve a professional dealer, the scheme may not apply.
How to apply
- Verify that your work is considered an original work.
- Complete the registration of your work with the issuing body.
- Ensure that any secondary market sales are facilitated through professional art dealers.