It is common practice for intellectual property right holders, to license the right to use their trademark or patent to third parties on the local level in the country where they exercise their own business. Licensing is indeed the principal means of the use of intellectual property rights of foreign companies by local businesses. And, franchising is a method of distributing goods and services through independently operated businesses that show a common identity to the public.
At CIDID, we provide counsel and assistance with creating, licensing, protecting, managing and enforcing franchised and licensed business relationship, product distribution systems and related matters.