10 Novelties of Ukrainian IP draft

Ukrainian companies suffer a lot from gaps in national legislation on industrial designs. In new period the Ministry of Economic Development and Trade developed a new draft of Law of Ukraine “Concerning amendments in some judicial acts of Ukraine about the improvement of legal protection of Intellectual (industrial) Property” of 30.09.2015.

IP protection for pharmaceutical companies due to the ratification of the Association Agreement Ukraine - EU

Probably, the pharmaceutical industry is one of the most closely related to intellectual property. There are few factors about product creation and sales on the market and their attitude to intellectual property. Investment and research are required to create pharmaceutical product. At this stage it is important to protect the product with a patent. Next step registration of commercial name, which as well should be protected.

Entering the Intellectual Property objects into the Customs Register

Customs Intellectual Property Register is created with the purpose of protection of Intellectual Property objects during customs control and customs clearance of goods containing these objects, and it contains information which is used for prevention of transfer of goods across the customs border of Ukraine with infringement of the intellectual property rights.

Guidance on Taxation on Royalties in Ukraine

Many foreign companies that have Intellectual Property objects in Ukraine do not use them by their own but give licenses for the use of Intellectual Property objects. The royalty plays an important role in such relationships and in various questions that arise around it.

Franchising in Ukraine

Business Dictionary defines franchising as an arrangement where one party (the franchiser) grants another party (the franchisee) the right to use its trademark or trade-name as well as certain business systems and processes, to produce and market a good or service according to particular specifications. In Ukraine this procedure is defined by legislator as a commercial concession.