Incoming licences

All technology “incoming licences” (i.e. foreign owned intellectual property licensed to South African entities) relating to the manufacture of products in South Africa require DTI approval, which is typically granted for a period of 5 years. The guideline published as …

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Economic ownership of intellectual property

The concept of economic ownership, a latent sprig in South Africa’s Exchange Control Regulations has finally matured. Assume that you develop software and pay the developer’s cost plus a reasonable profit margin. You contract verbally and fail to provide for …

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