WHAT IS INTELLECTUAL PROPERTY? Historically INTELLECTUAL PROPERTY is broadly defined as any INVENTION, CREATION, INNOVATION, DISCOVERY or IMPROVEMENT.

INTELLECTUAL PROPERTY reflects such creations as TRADEMARKS, COPYWRIGHTS, TRADE SECRETS or generally any creation eligible for a PATENT. Traditionally, the INTELLECTUAL PROPERTY must be relatively original and unique in order for it to be protected.

• INDUSTRIAL PROPERTY, i.e. inventions (patents) trademarks, industrial designs, trade secrets, and formulas, and
• COPYRIGHT, i.e. "works of authorship" - literary and artistic works (novels, plays, poems), newspaper and magazine articles, films, musical works, opera, drawings, paintings, photographs, sculpture and architectural designs. Rights associated with COPYWRITE further include performing artists in their performances, producers of phonograms in their recordings, and those of radio and television broadcasters in their programs.

1. The absolute separation (corporate veil) of the AUTHOR and his work in case of litigation against the work Recognize, another author may bring litigation against an AUTHOR even if the AUTHOR may hold a Copywrite or Patent.
2. A Nevada corporation can become a valuable financial tool in the mitigation of foreign state taxes. Simply structured, the Nevada corporation holding the intellectual rights can invoice the operations in foreign states thus to generate foreign profits into the Nevada corporation, which pays no taxes.

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