Commercialize Your Plant Variety
Dubai's economy is significantly bolstered by its logistics sector, which accounts for more than 14% of the UAE’s Gross Domestic Product. It stands as a pivotal regional trade gateway, bridging the East and West through substantial investments in transport infrastructure and logistics capabilities.
Unlock the commercial potential of your Plant Varieties in Dubai by delving into the nuances of Plant Variety. The journey from breeding to commercialization is pivotal, transforming your new Plant Varieties into valuable market assets. Through licensing agreements, partnerships, or by launching proprietary products, commercialization leverages your Plant Varieties to foster business growth and innovation.
Dubai’s dynamic market offers fertile ground for introducing new Plant Varieties. By smartly commercializing your protected varieties, you can enhance your market presence, generate revenue, and contribute to the agricultural sector's evolution.
Under the Federal Law No. (17) of 2009 Concerning the Protection of New Plant Species, commercialization strategies, including licensing, are facilitated with clear guidelines ensuring transparency and fairness in agreements between breeders and licensees:
To ensure fairness, there are guidelines in place to protect both the licensor and licensee:
The term of a license agreement can't be longer than the term of Plant Variety validity.
All IP license agreements must be signed and notarized by a notary public, with all appointed signatories present.
All IP license agreements must be legally translated into Arabic for maximum protection if you're planning to go through Dubai Court.
Connect with our trusted IP Attorneys to include IP in your business strategy. You might be surprised how much IP your business has.
Prominent UAE IP Attorneys explain:
"Many people have IP sitting in their drawers; for example, your business plan is an IP, the way you do business internally, your policies, and how you direct your employees are all considered IP."