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How to register for or renew as an Art Market Participant for Anti-Money Laundering Supervision (UK)

This article provides key links and information on costs, annual renewal and penalties.

In order to transact in works of art (per the definition in the VAT Act 1994) in the UK, in which the transaction total incl. VAT and ancillary services is 10,000 EUR (changing to 10,000 GBP in approx May/June 2026) and you're involved by way of business, you must be registered as an Art Market Participant (AMP) with HMRC, sector supervisor. 

Once you have submitted your registration, even prior to being 'approved', it is legally permissible to trade as an AMP. The regulator aims to approve applications within about 45 days. 

Keep an eye out on your inbox:

If the regulator requires additional information in order to proceed with your application, you will be given 21 days to log into your AMP registration and make updates accordingly. Otherwise, your registration will be cancelled, fees paid potentially lost and you will have to start the process from scratch.

URL to register / renew your UK Money Laundering Supervision:
https://www.gov.uk/guidance/register-or-renew-your-money-laundering-supervision-with-hmrc

Alternatively, you can log into your Business Tax Account via https://www.gov.uk/guidance/sign-in-to-your-hmrc-business-tax-account, scroll to the bottom and click 'Anti-money laundering supervision'. 

Costs:

  • Initial registration: Application fee of £350, trading premises fee (per trading premises) of £400 and responsible person/s £40 each. 
  • Annual renewal: Trading premises fee (per trading premises) of £400. 
  • Additional responsible person/s: When you add responsible person/s to your existing AMP registration with HMRC, there will be an additional fee of £40 pp. 

Renewal: 

  • HMRC will email you one month before your annual renewal is due - and will be in touch again with a reminder. You must renew your AMP registration within this month and ahead of the deadline, otherwise your registration will lapse.
    • If that happens, you have to re-register in order to legally transact in works of art for which transactions total the value threshold and risk receiving a financial penalty if you trade while unregistered. 
  • There are 2 steps to renewal: After logging into your AMP supervision account using your business's Government Gateway ID,1) Answer 'renewal' questions about relevant activity (qualifying transactions) and overall business activity; and once that has been submitted, 2) Pay the annual fee. 

Will you receive a penalty for trading while unregistered?

  • If you’ve already had ‘qualifying transactions’ in works of art, you can expect to pay a penalty. Providing that you’re voluntarily registering and haven’t been requested to do so by HMRC, you’re eligible for a 50% reduction.

  • To receive a 50% discount on a penalty fee for trading while unregistered - provided that you have voluntary registered: At the time that you submit your AMP registration, email MLRCIT@hmrc.gov.uk and explain that you’re voluntarily registering. This creates an audit trail to support the reduction in fee.

Contact HMRC:



Further reading: