Protecting your intellectual property is crucial to the success of your business. Without protection of these assets, business and individuals would not be able to reap the full reward of their innovative inventions. However, IP is becoming more complex, putting demands on both your time and resources.
Intellectual Property, commonly referred to as IP, includes patents, trademarks, trade secrets and copyrights. It is a business asset that can be bought, owned, sold, licensed out or bequeathed in much the same way as a building. It is important to develop effective strategies to protect your IP within your business, not only to protect your valuable assets but also to safeguard the products, processes and creative inputs from which your business profits emanate.
There are different ways that you can protect your IP. Although not all IP needs to be registered, developing an IP strategy is essential to make the most of your investment. In deciding the best strategies, you will need to consider:
What are the main purposes of the protection?
What types of structures would serve the purpose?
What are the applicable tax rates?
How should the documentation be written, so as to guarantee success across all of the jurisdictions?
Will a judgment be internationally recognized?
What is the available budget?
What resources are at your disposal?
Our IP services will help to ease your workflow and enable you to map out strategies with confidence. Our International IP team is experienced in designing successful IP protection strategies. Our services include:
Exploring the best tax efficient methods
Assessing whether your ideas and inventions are new and eligible to be protected
Filing your application in the chosen jurisdiction
Responding to requests from examiners
Drafting documentation, such as detailed description of inventions, non-disclosure agreements, licenses, sales contracts and transfer agreement