The sole development of an innovative idea does not guarantee a sustainable competitive advantage. To ensure the economic exploitation of innovative techniques, processes or products, innovators have to possess correspondent rights and be able to enforce them legally. Below you will find useful advice on how to avoid the imitation of your ideas, inventions and developments or at least be able to initiate legal prosecution. This should help you transform your initially abstract innovation into real economic returns.
For legal purposes, it is important to consult an authorized expert. For young entrepreneurs like you, accountants, lawyers and solicitors are important partners.
Registration
You have to register your newly established business at various administrative offices. The best thing is to find out in advance, which documents and forms are required for the different specific administrative purposes.
The following overview outlines which administrative institutions are of relevance for you, depending on the legal form of your business:
Solicitor
Office of Trade
Tax and Fiscal authorities
Building Authority
Registration Court
Chamber of Industry and Commerce
Trade Supervisory Office
Professional Insurance Association
Employment Agency
Health Insurance Company
