Brazil’s IP rules have undergone great development in recent years and this seems to be a trend that will continue into the future. Since December 2022, the Brazilian PTO has recognized that a licensee is allowed to pay royalties for unregistered intellectual property rights.
Another important advance is that, in the past, the Brazilian PTO continued to register pending trademark, patent and industrial design licensing agreements, but the payment of royalties was pending until the registration was granted. Currently, with the suspension of the mandatory registration, it is possible to use the pending Brazilian IP rights to pay royalties.
Another important advance is that, in the past, the Brazilian PTO continued to register pending trademark, patent and industrial design licensing agreements, but the payment of royalties was pending until the registration was granted. Currently, with the suspension of the mandatory registration, it is possible to use the pending Brazilian IP rights to pay royalties.
Industrial and commercial secrets are of paramount importance for business, however, when there is a need to agree with third parties, confidentiality agreements are fundamental for the protection of information of both parties. This also ensures compliance with the General Data Protection Regulation (GDPR) and privacy of those involved, reducing both legal and financial risks.
Technology or know-how transfer contracts, on the other hand, guarantee the added value of applying a certain technique, covering the set of knowledge, techniques, processes and experiences accumulated by the contractor, which are offered to the contractor.
Also in relation to the contracting of certain standards to be applied, the Franchise Agreement guides the legal relationship between franchisor and franchisee, where rights and requirements are established between the parties. This contract guarantees a standard business model, involving all related areas. As for contracts focused on business analysis, we assist with the business plan, development of strategies and formatting and standardization of manuals and legal instruments for use in your business.
Another important tool when selling intangible assets is the valuation of these or the company, so we have partner accountants who assist our team in the legal opinion of Valuation.
We always keep up to date with the new steps in the path of intellectual property in Brazil and, with the professionalism of a specialized legal team, our company has extensive experience in preparing complete and efficient contracts for the required demands. Whatever the necessary contractual need for your company, we are prepared to assist you.