Guide to intellectual property licensing and royalty agreements in Latvia
Transactions involving intellectual property (IP), such as patents, trademarks, copyrights, trade secrets, and other assets and personal rights subject to IP protections, are often accomplished via license grants. Owners of IP are granted certain exclusive rights to utilize and profit from their assets. However, owners of intellectual property often decide to let others exploit their […]
Guide to contract law and commercial agreements in Latvia
In Latvia, contractual arrangements and business activities are based on the law on contracts. Firms functioning in the nation must comprehend the legal structure guiding agreements. This thorough article gives a clear understanding of Latvian contractual law and business deals, including fundamental ideas, prerequisites, and crucial factors to take into account when establishing legally binding […]
Guide to intellectual property infringement claims and litigation in Latvia
Intellectual property (IP) infringement is the term for unauthorized use, duplication, or exploitation of another person’s intellectual property rights. Intellectual property refers to a variety of ingenious and creative works, including trademarks, patents, copyrights, industrial designs, and geographical indications. Preserving these rights is crucial because it guarantees that creators profit from their intellectual property and […]
Guide to business succession planning and company transfers in Latvia
Long-term firm plans must include corporate acquisitions and firm succession strategies. These procedures deal with the orderly transfer of authority and control duties between different parties within an organization or from a single era to the next. Addressing the regulatory facets of commercial transition plans is crucial for guaranteeing an easy sale and protecting the […]
Guide to intellectual property infringement and enforcement in Latvia
Intellectual property, which is safeguarded by various regulations and guidelines, incorporates discoveries, scholarly and creative works, images, names, and plans. As a piece of the European Association (EU) and the World Intellectual Property Organization (WIPO), Latvia offers legitimate insurance for protected innovation privileges through state regulations and foreign arrangements. Classifications of Latvian intellectual property rights […]
Guide to business partnerships and joint ventures in Latvia
For foreign investors looking to form joint ventures and commercial relationships, Latvia has a plethora of options. Latvia is a great entry point to the European Union and the larger Baltic region because of its advantageous position, vibrant economy, and modern facilities. This guide attempts to give an in-depth review of collaborative enterprises and company […]
Impact of digital transformation on companies in Latvia
In the business world, digital technology adoption is fundamental for animating development and further developing proficiency, particularly for small and medium-sized firms (SMEs). Digitalization can increase financial inclusion and lessen informality, which is characterized as an economic activity that isn’t covered by regulations. Additionally, it may contribute to a more efficient tax system. For instance, […]
Guide to intellectual property enforcement and litigation in Latvia
Intellectual property (IP) is a valuable asset for businesses and entities likewise, and guarding it is critical for encouraging invention and creativity. In Latvia, as in numerous other countries, enforcement and action play a significant part in securing intellectual property rights. This composition serves as a comprehensive companion to IP enforcement and action in Latvia, […]
Impact of covid-19 on business registration and operations in Latvia
Latvia moved rapidly to contain the Coronavirus pandemic and has figured out how to keep its general number of cases low throughout a large portion of the emergency. This was helped by effective government action and public compliance. However the early lifting of restrictions caused infections to spiral by the fall, and the intra-Baltic cooperation […]
Guide to intellectual property due diligence in Latvia
Due diligence on intellectual property (IP) is a crucial procedure that aids companies in determining the worth and dangers of IP assets through combinations, acquisitions, or investments. If you want to protect your intellectual property in Latvia, a member of the European Union with strong IP laws, you must undertake careful due diligence. The goal […]