Starting July 26, individuals or businesses wishing to engage in art-related activities, such as buying and selling paintings or conducting art auctions, must register with their local government.
The Ministry of Culture, Sports and Tourism announced on July 6 that it will hold regional briefings to help businesses understand the new system. These sessions will take place in Seoul on July 9 at Art Korea Lab, in Busan on July 10 at Busan Cultural Center, and in Gwangju on July 15 at Kim Dae-jung Convention Center.
The art service registration system aims to create a transparent art market. Under this new regulation, individuals or companies involved in gallery operations, art auctions, art consulting, art rental and sales, art appraisal, and art exhibitions must notify the relevant local government before commencing their business activities.
The briefings will cover who is required to register, how to complete the registration process, and what documents are needed. They will also explain the administrative penalties and fines for failing to register. Anyone involved in the art service industry, as well as representatives from related organizations, are welcome to attend. Participants can register through the QR code provided in the informational materials.
* This article has been translated by AI.
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