offers an attractive framework for the protection of intellectual property
, which may refer to patents, trademarks, copyrights
and other intellectual intangible assets
belonging to an individual or a local/foreign company
has a set of tax reliefs
available for corporations
involved in operations which are based on various intellectual property assets
. Foreign investors
interested in opening a company in Ireland
should know that the
legislation offers many tax incentives
for businesses in the field of research and development
; our law firm in Ireland
can provide you with an in-depth presentation on the Intellectual Property Law
Intellectual property rights in Ireland
According to the Irish legislation, a patent (the right given to the owner for the invention of a useful machinery or industrial product) is given on a territorial basis, meaning that an Irish patent is available only on the Irish territory. According to the Irish Patent Act, a patent right is given for ten years (short-term patent) or twenty years.
A trade mark
is another type of intellectual property
, designating the way in which a company or brand
identifies and distinguishes its business identity and products or services provided on the consumer market. The Trade Marks Act 1996
specifies that a trademark
can be represented by words, logos, letters and other graphic signs.
The design of a new product or part of a product is also protected by the intellectual property rights and it can refer to shapes, colors and other features of the product; a new design can be protected for 25 years.
Another class of intellectual property
refers to copyrights
, which protects a broad area of works, such as:
• literary, dramatic, musical and artistic works;
• film production;
• computer programmes.
are protected for the entire life period of their creator and after the death of the creator, the works are protected for 70 years in respect to their distribution or reproduction; our lawyers in Ireland
can offer you more details upon this subject.
Research and development in Ireland
Companies registered in Ireland
in the field of research and development (R&D)
may benefit of various grants, offered for operations in the field of R&D
carried out on the Irish territory
. The Irish government
will provide a Technical Feasibility Study Grant
for companies developing a new product or service; the grant can cover 50% of the company’s expenditure, but is limited to a sum of EUR 35,000.