IP Strategy
Whatever the size of your business, a thought-out intellectual property strategy provides many benefits to your business, for example it:
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Enables you to talk to investors, retailers or manufacturers without confidentiality concerns
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Enhances the credibility of your business or supporting your reputation as an innovative business
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Provides exclusivity for an innovative feature
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Provides an income through licensing to competitors or into an adjacent market
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Enables you to access third party IP of value to you through cross-licensing
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Enables you to reduce corporation tax liability on profits from products and services covered by a granted patent using the patent box
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Supports IP Due Diligence during a business sale or acquisition
Patent Box
Can you take advantage of the patent box to reduce your corporation tax?
The patent box is a HMRC scheme that enables you to reduce United Kingdom corporation tax due on profits arising from sales connected with a granted patent that you own or exclusively license. For many companies, the potential saving in corporation tax can be significant.
We can advise you whether any aspects of your products or services can be patented to enable you to benefit from the patent box.
Contact us to find out more about the patent box.
Third Party Rights
Are you concerned you might be infringing other peoples' IP rights?
Are you concerned you might be infringing other people’s IP rights, or have you been approached about IP infringement?
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We can search for and evaluate third party IP rights to assess the risk that you infringe third party IP rights, and advise you on available options to manage any identified risk.