Questions

We have several patents that will be used in our 3 startups, plus we have plans to apply for these patents in other projects. We'd like to transfer patents to the forming companies free of charge and without restrictions of using within company.

When it comes to Patent protection, its best to have another entity that holds your patents and all IP. This protects you from commercial liabilities and easier to sell your IP in the future.

Your entity with the IP will need to give exclusive assignment of rights to the operating entity. This helps with keeping your shareholders feeling safe and within the guidelines of good corporate governance.

Additionally, do not forget about other IP as well like copyrights, trademarks but more or less highly underestimated trade secrets. So for example, if you sign an NDA with someone ensure its covering the entity holding the IP.

Another tip, is keep it offshore, this helps you attract more potential investors and buyers. At the same time, you should be putting all your international patents in there.


Answered 3 years ago

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