EUIPO stands for European Union Intellectual Property Office.
A symbol or logo that represents a business organization and speaks on its behalf to the mass audience and helps in converting them to ultimate customers are regarded as intellectual property (IP). Now, these properties are intangible assets of a company that not only helps in gaining customers but also helps in enhancing a company’s goodwill in the competitive market. According to the research, there are different kinds of intellectual properties. These include:
A patent mostly deals with inventions. It covers 3 types of IP:
A trademark is a legal sign that is used to distinguish the goods and services a business firm provides from its competitors. To register a trademark one can:
A trade secret relates to a formula, process, confidential info that is private to an organization. Few examples include:
A copyright consists of literary works, artistic works, recordings, etc.
The rights of an organization that gives them the flexibility to make any kind of changes in the intellectual assets are known as intellectual property rights. The owner of IP rights solely holds the power to make any alterations to their creations.
Irish Patent Office is an organization that is responsible for granting of patents, industrial trademarks, and designs. The central mission of the Patent Office is “to provide an efficient and effective system of industrial property protection that will encourage technological progress and promote enterprise through the implementation by the Office of the relevant legislation”.
The procedure of applying for a patent in Ireland includes the following steps:
A patent application in Ireland contains the following components:
|Type of Patent||Filing Fee||Search Fee||Grant Fee||
3rd Year Renewal Fee
4th Year Renewal Fee
|If the application contains goods or services in more than one class||€70 (each class)|
The copyright protection period for intellectual property depends on the type of intellectual property:
|Category of Work||Protection Period|
|Literary, Dramatic, Musical Works||70 years|
|Sound Recordings||70 years|
|Topographical Arrangement||50 years|
|Computer Generated Works||70 years|
As we have seen that the intangible properties ultimately represents an organization, so it becomes the responsibility of the organization to protect these assets. They need to have a legal possession upon them so that any alteration that needs to be done, can be done only by the organization. Holding IP services gives a protection from being replicated, altered, or misused by any other competitor.
Possessing a right to one’s creation is a big thing. The human creations are well preserved by an organization and as they play an integral part in business growth and development. Let’s understand the benefits that an organization can derive by availing intellectual property services:
Business Setup Worldwide is an international platform that provides a broad spectrum of services related to company expansion and business setup in foreign lands. Clearing the legal proceedings, the establishment of business foundations, and intellectual property services are the key roles in our range of services. Our business experts do take care of the necessities and build the framework to provide the intellectual property services. Apart from dealing with the legal aspects, our business experts also take care of the financial front, taxation issues required to establish a business at an international level.