Protecting your Intellectual Property

Last Updated at: October 22, 2019
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intellectual property

Early on in your business, you will be so focussed on forging partnerships, building processes and satisfying customers, that it’s easy to forget the minor, but soon to be major, aspects. Yes, we’re talking about intellectual property (IP), which is what drives the valuation of the majority of modern businesses. So let’s understand what IP is and why it’s so important.

Trademarks, Copyrights and Patents

Let’s get the basics right: your trademarks protect your brand, your copyrights the content and the patents your ideas and inventions. These are important because, without the protection they afford, your business can be compromised by any of your rivals. After all, think of how many iPhones sell primarily because of the branding.

Why to Register?

There’s no compulsion to register your IP. If you can prove you were the first to use it, it’s yours (in most cases). You, however, should still register it because the courts only hear cases related to registered IP in the courts. Therefore, if another entity were to register the unregistered name you’ve been using, the only way for you to fight them in court would be to first register the brand and then take them to court.

Protect Your Intellectual Property

When to Register?

You needn’t register your IP immediately after you start your business. After all, you should first test your business idea. Once it gains traction, however, you should waste no time in getting it registered.

Frequently Asked Questions

Who has to file taxes in India

An individual who claims relief under the section 90 or 90A or deductions under section 91 has to file taxes in India. Learn More about Income Tax filing

Who is eligible for ESI?

The ESI scheme is used in all the factories and other organisation whose employeers monthly wage do not exceed Rs.21,000. More info on ESI registration

Is Fssai license mandatory?

FSSAI Registration is compulsory for all the individuals who are engaged in food business. It is necessary for every businesses to print that number on the product package. More information on FSSAI


Who gives ISO certification?

A certification body or an accredited registrar grants the ISO certification and not an ISO certified organization. These are independent of ISO and are recognized internationally. More on ISO Certification


What are the payments on which tax is deducted at source?

TDS was introduced by the government to collect tax from the very income source. TDS is applicable on salaries, rent payments, commission payments, interest payments by bank and others. Details on TDS Return Filing


How to register for trademark online

With U.S. Patent and Trademark Office(USPTO), you can fill the application and submit it. You can also do it online through Trademark Electronic Application System(TEAS). Details on Trademark Registration

What is the criteria for MSME?

As per the MSMED (Micro, Small & Medium Enterprises Development) Act implemented in 2006, MSMEs are classified into two classes such as Manufacturing Enterprises and Service Enterprises. Learn more about SSI/ MSME Registration

Protecting your Intellectual Property

410

Early on in your business, you will be so focussed on forging partnerships, building processes and satisfying customers, that it’s easy to forget the minor, but soon to be major, aspects. Yes, we’re talking about intellectual property (IP), which is what drives the valuation of the majority of modern businesses. So let’s understand what IP is and why it’s so important.

Trademarks, Copyrights and Patents

Let’s get the basics right: your trademarks protect your brand, your copyrights the content and the patents your ideas and inventions. These are important because, without the protection they afford, your business can be compromised by any of your rivals. After all, think of how many iPhones sell primarily because of the branding.

Why to Register?

There’s no compulsion to register your IP. If you can prove you were the first to use it, it’s yours (in most cases). You, however, should still register it because the courts only hear cases related to registered IP in the courts. Therefore, if another entity were to register the unregistered name you’ve been using, the only way for you to fight them in court would be to first register the brand and then take them to court.

Protect Your Intellectual Property

When to Register?

You needn’t register your IP immediately after you start your business. After all, you should first test your business idea. Once it gains traction, however, you should waste no time in getting it registered.

Frequently Asked Questions

Who has to file taxes in India

An individual who claims relief under the section 90 or 90A or deductions under section 91 has to file taxes in India. Learn More about Income Tax filing

Who is eligible for ESI?

The ESI scheme is used in all the factories and other organisation whose employeers monthly wage do not exceed Rs.21,000. More info on ESI registration

Is Fssai license mandatory?

FSSAI Registration is compulsory for all the individuals who are engaged in food business. It is necessary for every businesses to print that number on the product package. More information on FSSAI


Who gives ISO certification?

A certification body or an accredited registrar grants the ISO certification and not an ISO certified organization. These are independent of ISO and are recognized internationally. More on ISO Certification


What are the payments on which tax is deducted at source?

TDS was introduced by the government to collect tax from the very income source. TDS is applicable on salaries, rent payments, commission payments, interest payments by bank and others. Details on TDS Return Filing


How to register for trademark online

With U.S. Patent and Trademark Office(USPTO), you can fill the application and submit it. You can also do it online through Trademark Electronic Application System(TEAS). Details on Trademark Registration

What is the criteria for MSME?

As per the MSMED (Micro, Small & Medium Enterprises Development) Act implemented in 2006, MSMEs are classified into two classes such as Manufacturing Enterprises and Service Enterprises. Learn more about SSI/ MSME Registration

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