Ireland as a Base for European Business
Ireland’s Intellectual Property Framework – IP
Ireland’s IP structure is considered to be one of the strongest in Europe.
The main legislation seeks to protect patents, trade marks, copyrights and designs.
Patent Royalty Income Exemption
There is a patent royalty income exemption on income received by an Irish resident individual from ‘qualifying patents’ up to € 5 million during a relevant period.
The research, planning, processing, experimenting, testing,devising, designing,developing or similar activity leading to the innovation must be carried out in an a state of the European Economic Area – EEA.