So, What Does The New DIFC IP Law Mean?
It is what it is; a new IP law for businesses operating within the Dubai International Financial Centre (DIFC).
The newly-enacted law has been designed to cover all aspects of intellectual property law and to align the Emirate’s existing laws with international treaties and global standards.
The areas covered include Patents, Utility Certificates, Industrial Designs and Drawings, Copyright, Trademarks, Trade Names and Trade Secrets in line with international treaties and best practices.
The new law addresses issues surrounding IP registrations, IP ownership in employment relations, dispute resolution measures, and penalties and remedies for infringements.
Another important milestone is the creation of the office of the Commissioner of Intellectual Property.
The new Commissioner will have jurisdiction over issues surrounding the implementation and execution of the DIFC IP law, including dispute resolution, issuing injunction orders, awarding damages, and so on.