AGEM has professionals with experience in the cultural and leisure sector working in close collaboration with the other departments in the firm.
We have developed projects with private and public entities and mixed capital entities, in the form of trading companies, state-owned companies, consortia, foundations, associations etc., which include the following:
- Audit of the annual accounts of companies in the cultural sector (public companies, state-owned companies and companies operating sports facilities).
- Special review reports for verifying the cost statements for feature films, in accordance with Law 55/2007, of December 28 on cinema, and other regulatory legislation issued by the Institute of Sciences and Audiovisual Arts among others, etc.
- Advice on accounting matters and application of specific sectoral adaptations (general accounting plan for not-for-profit organisations).
- Comprehensive tax advice to entities in the sector: tax regime for not-for-profit organisations and tax incentives for patronage, special corporation tax regime for partially exempt companies, income tax for non-residents, irregular income, income obtained abroad, special of tax regimes for artists and sportsmen and women.
- Feasibility analysis of implementation and development of new cultural projects.
- Outsourcing of the financial and/or management areas of public cultural organisations.
- Compliance review in the granting of state aid for cultural or leisure purposes, both when the destination is for financing management and for possible investment projects.
Our clients include film festivals, music festivals, companies organising musical events and other forms of leisure, museums, theatres, film and audiovisual companies and European Cities of Culture.