What Is The Corporate Shell And How Will It Help Protect Your Company?

A shell corporation is defined as a business that does not have any active business operations or rather significant assets apart from money. Contrary to common perceptions, shell corporations aren't necessarily illegitimate or illegal. They serve a major purpose mainly for business startups. On the other hand, a corporate shell can act as a tax avoidance leeway for myriad legitimate business setu...
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Simple Precautions to Protect Your Patent

Creating inventions or products for a company is a popular option for many talented inventors. However, many inventors have been shortchanged by large corporations and in some cases they have not been able to reasonably benefit from their hard work. There are a lot of precautions that can be taken to ensure that inventors and their creations are protected. The following are some of the main act...
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Benefits Of Licensing Intellectual Property

One of the major advantages of owning rights to an intellectual property (IP) is the ability it gives you to sell the rights or license them over a specific period of time. It is one thing to own IP, but it's a whole different thing to put the patent to practical use and benefit from it. In cases where inventors and owners of IP have no financial, business, or technical know-how to explore the ...
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Who Owns Intellectual Property, The Inventor Or The Employer?

Owning an invention patent is definitely a dream come true for most inventors. However, the biggest debate that has continued on in recent years is who exactly is supposed to own an intellectual property (IP) for an invention made by an employee working under a specific organization? When you create an invention during employment, then you own the patent to it. However, there are some cases in whi...
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