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Your ideas are your intellectual property (IP). Unfortunately, that does not mean they are automatically protected. If you are going to invest in the research, development, production and marketing of innovative products, you should stop other businesses from profiting from your ideas.

Our patent and trade mark attorneys can help you to secure the right protection at the right time and in a cost-effective way.

You can read some of our recent articles here and see some of the people with particular experience working with startups, spinouts and SMEs.

We also have some resources that might be useful about related topics, including the Patent Box.

The Patent Box

The UK Patent Box is a generous tax incentive. Innovative companies will pay tax on their Patent Box profits at just 10% compared to the current rate of corporation tax of 19%.

The Patent Box complements valuable tax incentives for Research and Development (R&D). In principle, therefore, tax incentives are now potentially available for the whole of the innovation lifecycle, from costs of development through to the generation of profits from the resultant improved technology if it is patented.

If you want to know more about The Patent Box, these guides may be helpful.