Protecting intellectual property in Luxembourg follows a different approach, depending on the kind of IP.
Here's how each goes:
The invention has to be new, must include an inventive step, and be industrially applicable.
The application for the patent shall be sent to the Luxembourg Intellectual Property Office, OPI.
Detailed specifications and claims have to be included, along with the drawings.
OPI examines whether the application meets the criteria.
A patent is valid for 20 years, subject to annual renewal fees.
Trademark protection lasts 10 years and is renewable indefinitely.
Copyright protection is granted automatically upon creation of the work.
Additional proof of ownership for creators may be obtained by registering with a notary or depositing with specialized services such as WIPO's Copyright Registry.
The protection generally extends to the lifetime of the creator plus 70 years.
Pro Tip: Engage local IP attorneys in ensuring that all filings are compliant with the requirements of the law for maximum protection.
A Luxembourg-based technology company has developed an innovative software solution powered by AI. By patenting the solution and registering its brand as a trademark, the company was able to:
A well-known luxury brand based in Luxembourg used copyright and trademark protections for its designs and brand identity.
This approach has helped the brand in:
A pharmaceutical company files patents for innovative formulations of medicines. The Innovation Box regime tax breaks facilitated this company in doing so in Luxembourg to:
Conclusion
A very IP-friendly environment in Luxembourg therefore makes this country a continuing point of attraction for innovation-driven businesses-from tax regimes that are advantageous to robust legal protection, it offers means and support to protect the intellectual asset base and drive growth.
Final Tip: Whether it is a startup or an established enterprise, investment in IP protection is strategic in enhancing competitiveness for long-term success.
Collaborate with local experts to strategically position your firm in the IP landscape and realize the full potential of your intellectual assets.
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