Stratic Advice on Intellectual Property Investment in Asia/苏冉(13)
For foreign investment, Singapore has firstly provided a strong and predictable legal framework for U.S. investors, including direct ownership by U.S. firms of companies, real estate, intellectual property rights, concessions, permits, and debt instruments in Singapore. Furthermore, Singapore treats U.S. investor’s equal rights as domestic investors, offering them due process rights, and recourse in the event of expropriations, that are consistent with U.S. legal principles and practice.
For copyright protection, Singapore has applied a high level of IPR protection similar to the standard under U.S. law at the beginning. Secondly, in order to accede to international Internet treaties and extend its term of protection for copyrighted works, Singapore began to establish the state-of-the-art protection for copyrights. Third, Singapore ensures that copyright owners maintain rights to temporary copies of their works that others have on their computers, which is vital for protecting software, and text from widespread unauthorized sharing over the Internet. It’s necessary to prohibit, in the absence of the copyright holder’s written request, the production of optical discs (CDs, DVDs, and CD-ROMs) that do not contain a source identification code.
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