Copyright is the rights that creators have over their literary, artistic, musical or scientific works. Copyright protection covers only expressions, but not ideas, procedures, methods or mathematical concepts. The right comes into existence with the creation of the work and not by its registration as such its registration is merely optional and declarative. Unregistered works are protected since their creation.
Trademark Registration Process in Nicaragua
A trademark is any sign capable of distinguishing goods or services, that is not contrary, to the provisions of Article 7 and 8 of the Law of Trademarks and other Distinctive Signs. The Article includes a list of intrinsic reasons, such as lack of sufficient distinctive character for the product or service to which it applies such as; to be contrary to the law, public order, morality, or consist of the usual or common form of the product to which it applies or its packaging.
The new Environmental Assessment System of Permits and Authorizations for the Sustainable Use of Natural Resources.
In November of the year 2017, Executive Decree No. 20-2017 was published (See Official Gazette No. 228 of 11/29/2017), through which the new Environmental Assessment System of Permits and Authorizations for the Sustainable Use of Natural Resources was implemented.Jj
Project of Amendment of Law 822, Tax Concertation Law
On January 28, 2018, the Project of Amendment of Law 822, Tax Concertation Law, was presented before the National Assembly of Nicaragua, whose objective, as indicated in the Statement of Purpose, is precisely to generate additional resources to compensate for the losses of collection of taxes experienced between the months of April and July of the year 2018. The main tax provisions incorporated in the Project of Amendment are the following:
The Symbiosis between Trademarks and Marketing
Intellectual Property plays a very important role in the protection of a brand, but this process starts a long time after the brand is created, and the process of creating the brand comes after the creation of the product.