Intellectual property law refers to all legislation concerning aspects such as patent, trademark and copyright protection. It is meant to protect the intellectual property of legal entities, as this ‘property’ can also carry significant value and is thus vulnerable for exploitation by outside parties. With the exception of copyrights, intellectual property law in South Africa require for this ‘property’ to be registered in order to qualify for protection. If you come up with a brilliant new invention, but do not register the patent, there is absolutely nothing you can do about it if someone else copies your idea and market it themselves.
There are certain requirements that need to be adhered to before you can register something under the intellectual property law. The best advice is to consult with an expert in this field, such as Smit & Van Wyk Incorporated, in order to determine the best way to protect your intangible assets.