The intellectual property is that someone owns with their creativity and innovation. For example, a person who has a logo for their professional work or maybe they have an art piece that is solely owned by them, they should get it copyrighted soon.
You would not want others to claim their work as your hard work. Therefore, always ensure that you are aware about the intellectual property rights anywhere in the world. If you are living in the United Arab Emirates (UAE), you will have to understand your rights to own the intellectual property in the UAE. Intellectual property lawyers or IP lawyers, are available in United Arab Emirates.
Small business might not understand this but this is a quite serious matter for established businesses. The established companies in world always hire separate lawyers and legal team for, such subjects. Dubai based businesses should also feel relaxed, IP attorneys in Dubai, are competent enough. Dubai is having all the modern business and patent rules now therefore then IP attorneys are also well prepared and stable.
Importance of Intellectual Property
People buy products with original trademarks. If you want your business sales to increase, make sure that you have a registered trademark. The business logo helps consumers buy guaranteed products. In the UAE, the law for intellectual property includes patents, industrial design, trademarks and copyrights. All these are adhered to specific laws of 1992. Check IP attorneys in Dubai about the subject.
Intellectual Property Rights Explained
Under the law of intellectual property rights, trademarks, copyrights and patents are registered. Let’s learn about these terms and how they affect a business in the UAE:
Trademarks: They are known as the logo of the company. It helps the customers to recognize the original product with just the logo. A logo could be any design of the company whether it is designed in a textual manner or any other design. However, a registered trademark cannot be used by anyone else, unless not permitted by the company.
An example of a trademark could be Apple. You will see that Apple owns different products such as laptops, phones and smart watches. If you are unsure whether any of the products belong to the Apple Company, you will see their logo on their products. Every product will have the same logo on its different products.
Copyrights: The copyright is slightly different from the trademark. It is a piece of work that can be secured with intellectual property rights. Each and every work has to be copyrighted under this law. People might copy your work and put their logo or trademark on it, therefore, you must copyright your work as soon as you create it.
Patent: The patents are valid for twenty years to safeguard the latest inventions created for industrial utility. Registered patents avoid other people from selling, making or processing the product as their own. For legal experts, you might also find them as patent attorneys in Dubai.
What if Someone Copies the Same Product?
If there is counterfeit goods in the market, the UAE government has found remedies to eradicate such illegal work. The machinery that was used to make the counterfeit goods will be seized and the license of the offender will also be suspended. Moreover, there are penalties against the offender.
They will be imprisoned for three months at least and also have to pay a fine between AED 5,000 to AED 500,000. For an IP infringement, the fine is AED 50,000, whereas AED 500,000 for violating the copyright law of Article 38. If the patent law is violated, the offender has to pay between AED 5,000 and AED 100,000.
Is Intellectual Property Good for Companies?
Having an intellectual property is advantageous for the companies because they make innovative goods and services which no one else could do earlier. It helps the companies in maintaining a wide range of audience as investors are interested to put their money into something different in the UAE.
It would be chaotic in the business world if you do not own the idea of the product that you have produced because you will not get too many customers as they are not sure about the real innovator.
