The road map includes 24 measures focused on the development of the intellectual property concept. The most crucial measures include the following:
- introducing income tax rebates in relation to income earned from royalties;
- granting the right to citizens, including self-employed individuals, to register trademarks and exercise their rights to them;
- giving an opportunity to dispose of an exclusive right via an information system. Such disposal constitutes a deed;
- enabling scientific and educational institutions to use "exclusive rights" as a contribution to the seed capital of "start-ups".
The Road Map provides for the implementation into the Russian legislation of international treaties on the legal protection of Eurasian trademarks and industrial designs. This will enable the legal protection of the marks and rights on the territory of several countries by filing one application. The Road Map measures are to be implemented by 2021.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
