LEGAL REQUIREMENTS, CONTRACTS, INTELLECTUAL PROPERTIES OF THE INTERIOR DESIGN INDUSTRY IN MAURITIUS.
LEGAL REQUIREMENTS
The knowledge and use of good business practices is an essential step toward success for any professional or company, including the interior designer and the design firm.
Interior design projects differ with respect to the scope of work, level of complexity, and individual client's personal vision. As necessary as it is to be flexible and adapt to different conditions, it is as important to the interior designer to have standard ways of processing the work flow and an organized system for keeping track of project details.
Legal checklist for Interior Design Business
- Have an established relationship with an attorney
It is crucial to consult with both an accountant and an attorney. They will be useful in establishing the corporate structure.
Additionally, they will go through tax benefits and advise the fellow on any additional expenses related to researching choices. The startup's legal structure may vary as its priorities, resources, and legal environment evolve.
- Check required qualifications and licenses
- Go for trademark search
- Lay down the business structure
- Corporation
- Limited Liability Company (LLC)
- Come up with a service agreement
- Open a business bank account
- Draft business privacy policy
- Check employment laws
- Insurance for the business
- Follow Mauritian tax laws
CONTRACT
- Scope Of work
- Design fees
- Drawings
- Detailed Specifications
- Purchasing and Procurement
- Refunds and cancellations
- Reimbursement expenses
- Payment terms
- Contractors and consultants
- Insurance
INTELLECTUAL PROPERTIES
- The 2014 Copyrights Act and the 2019 Industrial Property Act equally protect Mauritius' intellectual property rights (IPR).
- The Mauritius Society of Authors' (MASA) regulatory structure was updated, the Copyright Act was redefined, and the rights of copyright owners was better protected . MASA is in charge of collecting copyright fees and managing copyright owners' economic rights.
Foyr. (2022, June 17). Interior Design Business Legal Structure: A Legal Checklist | Foyr. Create Beautiful 3D Designs. Retrieved June 17, 2022, from https://foyr.com/learn/interior-design-business-legal-structure-and-checklist/#Interior_Design_Business_Legal_Structure
Legislation – PAC | Mauritius. (2011, May 14). PAC. https://www.pac-mauritius.com/regulate/legislation
Mauritius -Protecting Intellectual Property. (2021, October 20). International Trade Administration | Trade.Gov. https://www.trade.gov/country-commercial-guides/mauritius-protecting-intellectual-property
PARAMASIVUM, P. V. (2019). LEGAL SUPPLEMENT. THE INDUSTRIAL PROPERTY ACT 2019. https://www.mauritiustrade.mu/ressources/pdf/industrial-property-act-2019.pdf
(2022, May 20). How to Prepare an Interior Design Contract. 2020. https://www.2020spaces.com/blog-interior-design-contract/#:%7E:text=A%20well%2Ddrafted%20interior%20design,is%20important%20for%20your%20business.
Comments
Post a Comment