ROYALTY CONSULTING AGENCY

MAIN (RUS)    |     INTELLECTUAL PROPERTY PROTECTION IN YOUR BUSINESS

ATTENTION
TO OWNERS OF CAFE, BARS, RESTAURANTS, CLUBS, SHOPS, ETC.

In case of use musical compositions in your economical activities it is necessary for you to receive a license for such use and conclude a treaty with the Organization of Collective Management (OCM), which has the applicable Certificate, given by the State Department of Intellectual Property of Ukraine. You have to receive the license to use music in any form in your institution (to use the radio, the TV, the tape recorder, with attraction of DJs or musicians, etc.).

Public use of musical compositions without having appropriate treaty about payment compensations (royalty) is an infringement of the current legislation of Ukraine, that entails civil, administrative and the criminal liability item 51-2 of Code of administrative infringement of Ukraine, item 176 of Criminal's code of Ukraine and items 51, 52 of Law of Ukraine About copyrights and the allied rights.
Explanation about legality of the use of musical compositions, extracts from the Law and other information materials you can find in section Practice and Analytics
Any additional information one can get from representative office OCM in your region.

ROYALTY

The royalty - is any payment due to the holder of copyrights for each publication, public performance or other use of his product.

The royalty is a payment of any kind received as compensation for use or granting of the right of usage of any copyright in works of literature, art or science, including films and records for radio and telecasting, any patent, a know-how, computer programs, a trade mark, a design or model, a plan, confidential formulas or process, or for the information concerning industrial, commercial or scientific experience or for using or the right of use by the industrial, commercial or scientific equipment (the Law of Ukraine About the taxation of the profit of the enterprises ).

Royalty (medieval French - roialte, Latin - regales - imperial, royal, state) is a kind of license compensation, periodic percentage deductions (the current deductions) to the seller of a license established as fixed rates proceeding from actual economical result of it's use. These deductions are paid through the certain coordinated time intervals. (the Modern encyclopedia).

The royalty - is 1) periodic payment for the right to use the license for the goods, inventions, patents, innovations, release of books, films rental; it is usually estimated in percentage from a cost of sales; 2) a payment for the right of development and extraction of natural resources. (the Dictionary of economic terms).

The agency of The ROYALTY on Protection of the Intellectual Property is the official regional representative of Collective Management Organizations on territory of the Kharkov, Poltava, Cherkassy and Kirovograd regions.

Our address is
Sumskaya Street 19, office 10
The Managing Director is Pisarenko Andrey Grigorjevich
Kharkov, 61072

Tel/fax +38 (057) 752-30-72, . +38 (050) 32554-43.
E-mail: kharkov@royalty.com.ua
E-mail: royalty-office@i.ua
E-mail: royallex@ukr.net