How to make the most of your Intangible Assets
This year is shaping up to be yet another eventful year for IP in business, with many choices to consider, but which direction do you take? There is much patent reform being considered in the US and Europe and as we mentioned in a previous newsletter, the UK Government is consulting on a preferential tax regime for profits arising from patents, known as the Patent Box. The consultation is closing in February and the intention is to introduce new rules in the Finance Bill in March 2012. The Patent Box aims to encourage companies to locate the high-value jobs and activity associated with the development, manufacture and exploitation of patents in the UK. See below to find out if your business will benefit.
Many people still think that IP simply means having patents and trademarks in place to protect their business. This is certainly part of it, but “its not just about IP” and there are now many ways to use Intangible Assets within a business for benefits beyond IPR protection, such as securing finance and gaining tax efficiencies. In our main article below we outline a spectrum of these.
Do let us have your feedback on the newsletter, and please tell us what you would like us to cover in future issues. Please email your comments to us at Coller IP.
Jackie Maguire. CEO, Coller IP – February 2012
Below is a brief summary of how intangible assets can be used to help a business, click on items to find out more:
- protect your business
- enhance an information memorandum
- use IP as collateral to raise venture capital
- use to generate revenue streams and cash
- raise finance, e.g. via a pension fund
- establish industry standards
- license to grow alternative revenue streams from non core markets
- gain tax benefits e.g. from the UK patent box or other tax efficient schemes
Coller IP in the Press
- Damage Limitation: Valuing the IP in Insolvency Cases
- Don’t be a Victim of IP Crime
- Looking after your assets
- Innovate, Market, Protect
- Material Assets