Every activity like production or import of branded goods, trade through retail stores, advertising can require conclusion of a license agreement with the copyright holder for the use of trademark rights and other intellectual property rights. Unlawful use of a trademark makes the right holder entitled to demand a compensation from the violator in the amount of up to 50.000 basic values (about EUR 118.000) without having to prove the damage amount.
As a rule, a license agreement involves long-term cooperation and the copyright holder’s supervision. Lawyers will help draw up a license agreement taking into consideration the business specifics, providing for measures of control and liability, conditions for early termination of the contract and reimbursement of damages.
If you acquire a franchise (an integrated business license), availability of special requirements for its content and registration in Belarus should be taken into consideration. We will verify the supporting documents in respect of all objects included into the license package, draw up a franchising agreement taking into consideration the requests of the parties, and support the registration procedures.