Intellectual property protection plays a crucial role in the successful development of a startup, particularly in a highly competitive environment. In this article, you will learn how to effectively safeguard your ideas, technologies, and brand through patents, trademarks, copyrights, and trade secrets. I will discuss the main methods for protecting intellectual property, offer practical advice, and provide examples of successful protection in the Russian market. Intellectual property (IP) protection ...

... reporting. GTS requires more complex accounting and reporting procedures, including VAT and profit tax declarations. High tax burden. GTS involves a profit tax (20%), VAT (usually 20%), and other taxes, which may not be beneficial for some businesses. 3. Patent Tax System (PTS) The PTS is a special regime available only to individual entrepreneurs engaged in specific types of activities. Advantages of PTS: Fixed tax amount. PTS allows for the advance calculation of tax liabilities for the entire year,...

... understand how stable the company's income is and what financial risks may arise after the acquisition. Legal due diligence Here it is important to study all the company's legal documents, including the charter, agreements, licenses, certificates and patents. It is also necessary to check for litigation and possible claims from third parties. This will help identify potential legal risks that may affect the value and prospects of the business. Checking contracts and obligations Evaluating all current ...

... (+~4% year-on-year). Growth is driven by new drugs in AbbVie’s portfolio—immunology drugs (Skyrizi, Rinvoq) and aesthetic medicine products from the Botox line—that compensate for the ongoing decline in sales of the flagship drug, Humira (whose patent protection in the US has expired). Last quarter, the company lowered its annual forecast due to one-time expenses on R&D, so investors will be looking for updates on guidance now. Key aspects of the report include the rate of decline in Humira ...

... offers two tax rates: 6% on revenue or 15% on the difference between income and expenses. Entrepreneurs can choose the most suitable option based on their business structure. Additionally, reduced rates are available for certain types of activities. Patent Taxation System (PTS). This is available for individual entrepreneurs (IE) engaged in specific types of activities. The cost of the patent depends on the region and type of activity, allowing entrepreneurs to estimate their tax obligations for ...