Intellectual Property

Protecting, holding and licensing intellectual property through Cyprus.

HomeLegal PracticeIntellectual Property

Intellectual property is often a group's most valuable asset and its least documented one.

We make sure ownership, licences and tax treatment line up.

Intellectual property lawyers in Cyprus

We advise technology companies, creators and groups on registering and protecting their intellectual property and on holding it through Cyprus. Our work connects the legal protection of the asset with the corporate and tax structure that owns and exploits it.

How we help

  • Trade mark registration in Cyprus and at EU level, including searches and oppositions
  • Ownership of software, content and other copyright works, including employee and contractor assignments
  • Licensing, franchising and technology transfer agreements
  • IP holding structures and the Cyprus IP regime under the modified nexus approach
  • IP due diligence in acquisitions and investments
  • Enforcement against infringement, including domain name and online disputes

IP box regime Cyprus

Common questions

How does the Cyprus IP regime work?
Since 1 July 2016, Cyprus applies the OECD modified nexus approach. Subject to conditions, 80% of qualifying profits from qualifying intangible assets, such as patents and copyrighted software, may be deductible, in proportion to the qualifying research and development carried out by the taxpayer. Marketing-related assets such as trade marks do not qualify.

Does an EU trade mark protect a brand in Cyprus?
Yes. An EU trade mark registered with the EU Intellectual Property Office covers all EU member states, including Cyprus. A national Cyprus registration can also be obtained, which may be appropriate for a brand used only locally.

 

Your contact

Andreas Mylonas, Managing Partner, oversees our intellectual property work, with senior-level involvement in every mandate. Ask us to review how your IP is held.

We advise on the following areas:
  • Intellectual property rights protection
  • Trademarks/Designs (national/EU-community/international registration)
  • Patents
  • Copyrights
  • Registration of company in Cyprus (incorporation of IP holding structure)
  • Information Technology
  • Software License Agreements
  • Online protection of intellectual property rights
  • Social media and website monitoring and enforcement;
  • Website take-downs
  • IP transactions
  • Drafting of License agreements and royalties
  • Transfer of ownership
  • Consultation regarding managing the IP Structure
  • Contractual Drafting

 

Intellectual Property and branding

Intellectual Property Rights are considered a competitive advantage when they are positioned and used in a right and strategic way. Possessing a number of various innovations, calls upon a need of taking the necessary steps to ensure the protection and correct management of those innovations, so the enhancement of the company’s value is safeguarded.

Our IP department is offering an overall solution, from the development and the viewing of the existing Intellectual Property Rights with the company’s representatives to the strategic positioning and possible revenue streams:

  • Managing the Intellectual Property Portfolio
  • Strategic consultation regarding development, registration, cost-effectiveness and positioning of trademarks, patents etc.

For more information, please contact us. We would be delighted to meet you and learn more about your activities, the issues you are facing and your plans for the future.

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