Self-employed will be allowed to register trademarks

BUH.1C 28 January 2022 19:18

According to the Ministry, this initiative, developed as part of the roadmap for the "Transformation of the business climate" in the field of intellectual property, will simplify the conduct of business by the self-employed.

"The decision is important primarily for the self-employed – an additional tool for promoting works, goods and services appears. In fact, we give people the opportunity to use this asset, to develop personal brands," Maxim Reshetnikov, Minister of Economic Development of the Russian Federation, said in this regard.

At the same time, the bill contains norms aimed at developing lending secured by intellectual property.

Currently, if the program or database is registered by Rospatent (registration takes place at the request of the copyright holder), then the bank, when lending, can receive confirmation from the state that this object exists, and the borrower is its copyright holder. The new norms propose to introduce mandatory registration of the pledge of rights to such intellectual property objects. 

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