About
Trademark and Intellectual Property Services
The intellectual property (IP) associated with a business name or system can be one of its most valuable assets – but only if it is properly protected. Any business that wishes to establish a national or international identity should take steps to protect the use of its name, logo or other IP, such as patent rights, formulae/processes, designs, trademarks, franchises, licence agreements, “know-how” and copyrights. Given the importance of IP to modern businesses, Sovereign has established an intellectual property division that specialises in registration, monitoring, advice and proactive assistance.
The intellectual property (IP) associated with a business name or system can be one of its most valuable assets – but only if it is properly protected. Any business that wishes to establish a national or international identity should take steps to protect the use of its name, logo or other IP, such as patent rights, formulae/processes, designs, trademarks, franchises, licence agreements, “know-how” and copyrights. Given the importance of IP to modern businesses, Sovereign has established an intellectual property division that specialises in registration, monitoring, advice and proactive assistance.
Income from IP rights may be derived by way of royalties. As with other sources of income, the tax planning of IP should focus on maximising the after-tax profits. To ensure that arrangements made to receive royalties are effectively constructed, it is necessary to analyse how various countries treat the payments of royalties, whether tax is withheld on such payments and how the income receipts and expenditures are treated.
Why Bahrain?
- 100% foreign ownership permitted
- 0% corporate tax
- 0% income tax for individuals
- 100% repatriation of capital and profits permitted
- Modern efficient communications and infrastructure
- Abundant and inexpensive energy
- Excellent support services from local authorities
- Foreigners are permitted to hold freehold property
- Geographical location is ideal for cross border business
Time
The Time Zone is GMT + 3
Hours of work
The working week is Sunday to Thursday inclusive
Useful Links
Central Bank of Bahrain – www.cbb.gov.bh
Bahrain Economic Development Board – www.bahrainedb.com
Nationality, Passports and Residence Affairs (NPRA) – www.npra.gov.bh
Latest News
Please contact us if you have any questions or queries and your local representative will be in touch with you as soon as possible.