Copyright is a legal right provided to the author of “original works of authorship,” including artistic, dramatic, literary, musical, and certain other intellectual works. The purpose of protecting the copyright of authorship is to guard against different forms of piracy adopted from time to time.
Trademark is a legal right bestowed on any person who pre-applied for the protection of his brainchild business. A trademark can be a sign, logo, symbol, word, or combination of all or any of the above that a person can use to distinguish his business’ goods or services from those of other traders. Once registered, a trademark is protected against any of its infringements by any person whatsoever.
You can opt to register a Partnership Firm or Business in Pakistan. The partnership is provisioned and regulated under the Partnership Act, 1932. Owners of the Partnership Firm or Business are usually referred to as Partners. Minimum 2 partners are required to operate, manage and run the affairs of Partnership Firm or Business. A partnership Firm or Business is usually recommended for persons who, for a specific purpose, object and period, are desirous to establish an entity. Consequent to the purpose or object having being achieved or the period for which the entity is required to be established is meted out, can eventually dissolve the same.
The decision to choose the beneficial type of establishment is completely based on the particular nature of business as every sector has its own benefits and drawbacks. While choosing the right type of establishment for any business sector, some major factors that need to be considered including Tax benefits and exemptions on a particular sector, loan finance requirements, legal benefits and impediments, scope and object of business, the flexibility of operations, and other underlying factors.
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