requires protection assign someone else to outside RSA be protected Trademarks can be Essential if it is a Automatic, but used without new design. and pay the registration with registration, but Registration Necessary to registration fees in CIPRO has added registered register with revenue stamps benefits trademarks have Registrar of Designs added benefits Provisional patent is Lifetime of the valid for one year and author/creator and 15 years aesthetic – Duration of must be followed with for another 50 10 years protection a completed patent after death of the 10 years functional – that covers the author/creator inventor for 20 years If a trademark is Necessary to put Inventions should be Registered designs registered, it is one’s name, date marked with “Patent should be indicated indicated as Notice to and copyright applied for” or as “registered public statement on with the “Registered “Patent” design” with the trademark” and the original copy and relevant patent registration number ® warning notice © number OTHER LEGAL REQUIREMENTS TAXATION Most taxes in South Africa are levied by the central government and administered by the South African Revenue Services (SARS). The Constitution gives some taxing powers to the Provinces such as Rates’ and in ‘Assessment ‘Taxes’ respect of immovable property. The South African government imposes two main types of taxes, namely Direct and Indirect taxes: Direct taxes Individual income tax annual tax on the income of individuals (also of sole proprietorships) and – partnerships. Company tax annual tax on income of companies and close corporations – Secondary tax on companies tax imposed on dividends declared by companies and distributions made by – close corporation, payable and borne by the companies and close corporations Tax on dividends from foreign registered or incorporated companies including retirement funds and – insurers Indirect taxes tax an invoice-based value-added tax levied on supplies of goods and services –
requires protection outside RSA assign someone else to be protected Registration Automatic, but registration with CIPRO has added benefits Essential if it is a new design. Necessary to register with Registrar of Designs and pay the registration fees in revenue stamps Trademarks can be used without registration, but registered trademarks have added benefits Duration of protection Lifetime of the author/creator and for another 50 after death of the author/creator 15 years – aesthetic 10 years – functional Provisional patent is valid for one year and must be followed with a completed patent that covers the inventor for 20 years 10 years Notice to public Necessary to put one’s name, date and copyright statement on original copy and warning notice © Registered designs should be indicated as “registered design” with the registration number Inventions should be marked with “Patent applied for” or “Patent” with the relevant patent number If a trademark is registered, it is indicated as “Registered trademark” and the ® OTHER LEGAL REQUIREMENTS TAXATION Most taxes in South Africa are levied by the central government and administered by the South African Revenue Services (SARS). The Constitution gives some taxing powers to the Provinces such as ‘Assessment Rates’ and ‘Taxes’ in respect of immovable property. The South African government imposes two main types of taxes, namely Direct and Indirect taxes: Direct taxes Individual income tax – annual tax on the income of individuals (also of sole proprietorships) and partnerships. Company tax – annual tax on income of companies and close corporations Secondary tax on companies – tax imposed on dividends declared by companies and distributions made by close corporation, payable and borne by the companies and close corporations Tax on dividends from foreign registered or incorporated companies – including retirement funds and insurers Indirect taxes tax – an invoice-based value-added tax levied on supplies of goods and services
MNE2601-_lm_detailed_summary.docx