Nowadays, business environment Intellectual Property has become a key asset to every company as it is the driver of innovation and commercial potential.
It can distinguish a company from the competition as well as be a successful tool in marketing and branding. By having an exclusive set of rights in the market gives a company an essential advantage. A patented invention allows a monopoly of the period of twenty years to a company.
Intellectual Property is the only way to convert innovation and ideas into profit-making activity. Successful branding will enhance the market value and increase the future profit expectations. Without having protection on its Intellectual Property Rights a company is taking the risk of having no potential pay-off and getting copied from a competitor.
IP box regime Cyprus
A new taxation scheme on Intellectual Property Rights has been introduced in Cyprus from 1st January 2012, which provides the lowest tax rate for Intellectual Property Rights in the European Union. It offers a unique opportunity to manage the Intellectual Property Rights of a company in a solid jurisdiction. To establish the IP box regime, we can consult you in the following areas:
Intellectual Property and branding experts
Intellectual Property Rights are considered a competitive advantage when they are positioned and used in a right and strategic way. Having a set of different innovations calls for action to protect and manage them in order to enhance the company’s value.
Our IP department is offering an overall solution from the development and the viewing of the existing Intellectual Property Rights with the company’s representatives, to the strategic positioning and possible revenue streams:
• Managing the Intellectual Property Portfolio
• Strategic consultation regarding development, registration, cost-effectiveness and positioning of trademarks, patents etc.
• Development of brand strategy
• Observation of the market regarding possible infringement from a third party
For more information please contact us. We would be delighted to meet you and learn more about your activities, the issues you are facing and your plans for the future.