LICENSING Licensing is a contractual relationship between two parties whereby a licensor grants a licensee the right to use its copyright, industrial design, patent, trademark, trade name or know-how. The relationship is governed primarily by the general law of contracts, although the federal statutory regime regulating the relevant form of intellectual property may have some impact. Conclusion In deciding on the most appropriate form of business organization, the specific needs of the enterprise must be assessed. Factors that require particular consideration include the complexity of the organization, the nature of the business, transferability of interests, participation in management, extent of liability, financing aspects and tax implications (both in Canada and in the home jurisdiction of a non- resident investor).
In deciding on the most appropriate form of business organization, the specific needs of the enterprise must be assessed.
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Doing Business in Canada
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