Protecting Business Know-How Before Starting a Business in Georgia

Business know-how may qualify as a trade secret in Georgia if it is not generally accessible, has economic value because it is secret, and is actually protected. Before starting a business, confidential technical and commercial information should be identified and secured through agreements and controlled access.

Scope of trade secrets

Business information may qualify as a trade secret if it is not generally accessible, has economic value specifically because it is secret, and is actually protected. Before starting a business in Georgia, technical and commercial information should therefore be recorded individually, assessed, and assigned a clearly defined scope of secrecy.

Technical know-howBusiness Knowledge

Confidentiality

A confidentiality agreement requires business partners or members of a founding team to use designated know-how only for a specified purpose and not to disclose it without authorization. Before starting a business in Georgia, it should be signed before confidential technical or commercial information is disclosed.

Business partnersFounding Team

Access control

Organizational access controls limit confidential know-how to people who need it for a defined task and make access traceable. A company in Georgia should establish protection classes, roles, technical controls, and set procedures for granting, reviewing, and revoking permissions.

VivAVia can make mistakes. Check important information.