A Guide to Investing in Trinidad and Tobago (2011) - Ministry of ...

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or rental, any device (or means) which is specifically designed to decode or circumvent another device (or means) intended to prevent or restrict reproduction or a work or production. Works not protected An idea, procedure, discovery, mere data, text of a legislative nature, an official translation, political speeches and speeches delivered in the course of legal proceedings. Work can be registered in some countries as follows: Registrar of Copyrights Copyright Office The Library of Congress, Department 17 Washington D.C. 20540, United States of America The Canadian Intellectual Property Office Place du Portage 1 50 Victoria Street, Hull Quebec, K1A OC9 Canada Geographical Indications Defined by the Intellectual Property Office, “geographical indications” are a “sign or symbol which identifies a good as coming from any specific region of a country which gives the good its known quality or reputation.” The Geographical Indications Act, 1996 which came into force on December 1, 1997 introduced protection for geographical indications in Trinidad and Tobago for the first time and a simple registration system. The subject matter of protection goes beyond appellations of origin and includes protection for indications, where the reputation or other characteristic of the goods is attributable to its geographical origin. Protection is available irrespective of registration, but registration raises a presumption that the indication registered is a geographical indication within the meaning of the legislation. Criminal sanctions may be imposed upon persons who deliberately and wrongfully use geographical indications. 80 A Guide to Investing in Trinidad and Tobago (2011) Layout Designs Of Integrated Circuits Layout designs, sometimes called topographies, of integrated circuits are the three-dimensional placement of some or all of the elements and interconnections that make up an integrated circuit. How to apply for protection of an original layout-design Three (3) things are usually needed to apply for protection of a layout-design: • A completed application form and fee • Proof of the right to apply • A drawing of the layout-design together with information defining the electronic function which the integrated circuit is intended to perform The term of protection is ten (10) years, either from the date of first commercial exploitation or, if not yet commercially exploited, from the filing date. Unfair Competition The Protection Against unfair Competition Act, 1996 introduced legislation for the first time in Trinidad and Tobago to protect against unfair competition. The law provides, inter alia, for protection in the course of industrial or commercial activities, against the following: • Damaging another’s goodwill or reputation • Causing confusion with respect to another’s enterprise • Misleading the public • Discrediting another’s enterprise or activities • Disclosure, acquisition or use of secret inform- tion or (trade secrets) including use of secret test of other data submitted to a competent authority for marketing approval of pharmaceu- tical or agricultural chemical products utilizing new chemical entities In addition, any act or practice in the course of industrial or commercial activities that is contrary to honest practices shall constitute an act of unfair competition. New Plant Varieties The Protection of New Plant Varieties Act, 1997 which came into force on December 1, 1997 introduced protection for plant breeder’s rights in respect of plant varieties of a genera and species listed in a special national list. Once the application fulfils the conditions of registration, namely, novelty, distinctiveness, homogeneity, stability and a variety denomination acceptable for registration, a breeder’s right is granted by the Intellectual Property Office. Applications may be filed by nationals or residents of Trinidad and Tobago, of states or intergovernmental organisations which are party to the International Convention for the Protection of New Plant Varieties (UPOV) of 1978 and of 1991 and states which, without being party to UPOV, grant reciprocity of treatment to Trinidad and Tobago. The new law is consistent with the UPOV Convention of 1978. The term of protection is either 15 or 18 years, depending on the genera or species to which the variety belongs. Renewal fees are payable annually. For further information on intellectual property rights, the following offices may be contacted: The Controller Intellectual Property Office 3rd Floor, Registration House 72-74 South Quay Port of Spain (P) (868) 625-9972 (F) (868) 624-1221 Web: www.ipo.gov.tt Or contact: The Ministry of Legal Affairs Registration House 72-74 South Quay Port of Spain (P) (868) 624-1660 (F) (868) 624-1221 Web: www.legalaffairs.gov.tt
A Guide to Investing in Trinidad and Tobago (2011) 81
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A Guide to Investing in Trinidad an
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Reasons To Invest In Trinidad And T
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“The direction of the Trinidad an
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Central Bank operate from the capit
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Seaports The main seaports are loca
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Trade and Investment Approvals and
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Population, Employment and Labour F
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Foreign Ownership The Foreign Inves
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The fundamental objective of this A
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mala, Guyana, Haiti, Honduras, Jama
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Year Visiting Friends & Relatives T
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Figure 4: Water Rates in Trinidad a
Page 29 and 30: Interest Rates Figure 5: Payments S
Page 31 and 32: nated in six currencies: Trinidad a
Page 33 and 34: or buy freehold title. Under the Fo
Page 35 and 36: The vendor may either choose to app
Page 37 and 38: For further guidance in the develop
Page 39: There is a system of priority for e
Page 42 and 43: The Registration of Business Names
Page 44: 3. Searches All documents filed at
Page 48 and 49: tion where necessary. Once approved
Page 50 and 51: The Trinidad and Tobago Film Compan
Page 52 and 53: 52 A Guide to Investing in Trinidad
Page 54 and 55: • Mittal Steel • Nu-Iron • Pe
Page 56 and 57: “The food and beverage sector tod
Page 58 and 59: Opportunity For Investment: With so
Page 64 and 65: Trinidad and Tobago is a signatory
Page 66 and 67: • Ensure that the appropriate sol
Page 68 and 69: for the consequences of those decis
Page 70 and 71: Penalties and consequences of insid
Page 72 and 73: • To amalgamate with another comp
Page 76 and 77: 6. If there is a designated represe
Page 78 and 79: Requirements for Registration • A
Page 84 and 85: Taxable Sources for Corporation Tax
Page 86 and 87: Territorial Rules An individual is
Page 88 and 89: filed on acquisition of ownership a
Page 90 and 91: the contribution is considered an o
Page 92 and 93: Appendices Association Of Real Esta
Page 94 and 95: Office Of The Prime Minister #13-15
Page 98 and 99: Name Honorary Consul Address Latvia
Page 100 and 101: Embassy of the Republic of Trinidad
Page 102 and 103: 3M Interamerica Inc Alcoa Steamship
Page 104 and 105: 104 A Guide to Investing in Trinida
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