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What is Intellectual Property?

Update Date:2018-10-8 16:31:37 Source:Tannet (Malaysia) Sdn Bhd Views:731

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What is Intellectual Property?

Intellectual property, which is the intangible property created by human wisdom, including trademarks, patents, copyrights, industrial design and so on. I believe many people are unfamiliar with the word intellectual property. The most valuable thing about a company is its name and brand. Don't ignore this matter on the road to start a business. Any person or business can apply for registration with the Malaysian Intellectual Property Office (MYIPO) through Tannet Malaysia.

Intellectual Property

1. Trademark

Trademarks are the most common type of intellectual property. Trademarks represent the brand of a company, and most are used to distinguish the differences between others. It can be a personal or business name, or it can be creative text plus graphics, and generally has significant features to appeal to the public. A trademark that has been successfully registered, except for the owner and the authorized person, may not be used by others or the company, and the abuser may be dealt with by the infringement action. The period of protection is 10 years and can be updated for 10 years at a time. The owner of the mark or service mark may use or transfer or authorize others to use the mark or service mark.

2. Patent

Patents refer to inventions created by law, including invention patents, utility model patents and design patents. The mobile APP or computer software we use every day may be a patent of a company. The patent law stipulates that the patent protection period is 20 years, counting from the filing date. According to the law, the certificate can provide initial protection for ten years. From the date of filing the application, the protection period can be updated for two consecutive periods, each period of five years, but must be used.

3. Copyright

It refers to the rights of authors of literary, artistic, and scientific works to their works. The period of protection of literary, musical or artistic works is the author's lifetime, plus 50 years after the author's death. The period of protection for recording, broadcasting and film is 50 years after the publication or production of the book.

4. Industrial Design

An industrial design consists of features of shape, configuration, pattern or ornament applied to an article by any industrial process or means, being features which, in the finished article appeal to and are judged by the eye. An article means any article of manufacture or handicraft, and includes any part of an article that is made and sold separately.Examples of articles the designs of which are registrable include furniture, toys, mobile telephones, electronic gadgets and appliances, household utensils, bottles, cases, carpets, wallpaper and textiles.

An industrial design that meets the above definition qualifies for protection provided:

-it is not contrary to public order or morality; and

-it is "new".

The initial registration lasts for a period of five years from the filing date of the application. The period of registration may be extended for two further consecutive terms of five years each on payment of the prescribed official fees, for a total period of protection of fifteen years.

The procedure for applying for intellectual property is not a hassle. Tannet has more than 10 branches in China and has a headquarters in Hong Kong. We offer a variety of business solutions for investors from all over the world. As we work closely with other professional organizations such as accountants, auditors, lawyers, etc., Tannet offers tailor-made, one-stop services in the most cost-effective manner to meet customer needs.

Contact Us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours China hotline:86-755- 36990589;



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