Safeguarding Intellectual Property in Greece: A Guide for Foreign Investors

Oct 07, 2023

When venturing into the Greek market, foreign investors bring not only capital but also their valuable intellectual property (IP). Whether it's trademarks, copyrights, patents, or trade secrets, protecting these assets is paramount to the success and longevity of any business. Greece, as a member of the European Union, offers robust IP protection, but it's crucial for foreign investors to navigate the local landscape effectively. In this article, we'll explore the essential steps to safeguard your intellectual property in Greece.

Understanding Greek IP Laws:

  1. Trademarks: Trademarks serve as a powerful tool for brand recognition. Registering your trademark in Greece with the Hellenic Industrial Property Organization (OBI) grants you exclusive rights to use the mark in your business operations. This protection extends to goods and services similar to those covered by your trademark.
  2. Copyrights: Copyright protection in Greece covers original literary, artistic, and scientific works. This includes literary works, music, software, and more. Copyright is granted automatically upon the creation of a work, but registering your copyrights with the National Book Center (EKEBI) can provide additional evidence of ownership.
  3. Patents: If your business relies on innovative products or processes, patent protection is essential. Greek patents can be obtained through the Hellenic Industrial Property Organization (OBI). Patents typically last for 20 years from the date of filing and provide exclusivity for your invention within Greece.

Practical Steps for IP Protection:

  1. Due Diligence: Before entering the Greek market, conduct thorough due diligence to ensure your chosen business name, logos, and products do not infringe on existing IP rights. This will help you avoid costly legal disputes.
  2. Register Your IP: Register trademarks, copyrights, and patents with the relevant Greek authorities. Working with our experienced in IP law firm can streamline this process and ensure compliance with local regulations.
  3. Use Agreements: When collaborating with Greek partners or employees, use contracts that clearly define the ownership and use of intellectual property. Non-disclosure agreements (NDAs) and employment contracts should include IP clauses to protect your assets.
  4. Monitor and Enforce: Regularly monitor the Greek market for potential IP infringements. If you discover any unauthorized use of your IP, take legal action promptly to enforce your rights.
  5. Customs Recordation: Consider recording your trademarks with Greek customs authorities. This can help prevent counterfeit goods from entering or leaving Greece.
  6. Stay Informed: Keep abreast of changes in Greek IP laws and regulations, as well as any updates to EU IP directives that may impact your business.

Our Expertise: Your Shield in Greece's IP Landscape

Protecting your intellectual property in Greece is not only a legal requirement but also a strategic move to secure your competitive advantage. By understanding Greek IP laws, registering your IP assets, and taking proactive steps to enforce your rights, foreign investors can confidently invest in Greece's dynamic and growing market while safeguarding their intellectual property.

Remember that IP protection is an ongoing process that requires vigilance and adaptation to changing circumstances. 

Navigating the intricacies of intellectual property protection in Greece can be a challenging endeavor, but you don't have to go it alone. Our specialized law firm, is dedicated to assisting foreign investors like you in safeguarding their intellectual property assets. With a team of experienced attorneys well-versed in Greek IP laws and regulations, we provide tailored solutions to meet your specific needs.

We understand the importance of protecting your trademarks, copyrights, patents, and trade secrets. We work diligently to ensure your intellectual property rights are upheld, providing comprehensive legal advice, registration services, and enforcement strategies. Our commitment to staying up-to-date with evolving IP laws in Greece and the European Union allows us to offer you the most effective guidance and protection.

With our expertise as your shield, you can confidently pursue your investment goals in Greece, knowing that your intellectual property is secure. Contact us today to discuss your IP protection needs and embark on a successful journey in the Greek market.