Intellectual Property
Our company’s lawyers have extensive experience in obtaining intellectual property rights in the following areas:
- Brand and name registration
- Trademarks, copyrights, information technology
- Patent search and research.
- Franchising and licensing agreements
- Litigation
Registration of intellectual property (IP) in the Republic of Cyprus and tax advantages:
- The Republic of Cyprus is a member of the World Intellectual Property Organization
- The legislation of the Republic of Cyprus on IP issues has been brought into line with European Union standards.
- IP registration in Cyprus or a Cypriot company is in accordance with EU law and guarantees IP protection at the international level.
- The tax regime for IP objects in the republic has been reduced and amounts to about 2% on income from the use of intellectual property in companies with the IP regime.
Registration of trademarks under the Madrid Protocol and its advantages:
- Filing one application for trademark registration in respect of all countries of interest, followed by “expansion” of the international registration by additional designation of countries.
- Significant cost savings associated with paying one international fee.
- The period for consideration of an international registration is about 18 months, the validity period of an international trademark registration is 10 years, with the possibility of subsequent extension.
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