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Armantium

Legal Any good guides on establishing a company?

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I live in central Europe, but I don't want to have anything to do with the country I live in due to its highly corrosive, socialist nature (the taxation/theft is so astronomically high that it is basically communism at this point - with predictable consequences of dilapidation and mass unemployment).

If I were to publish a game on Steam, would I even need a legal entity for international release?

Mainly I would just want to protect the game's name, but if establishing a legal entity is reasonably priced I might do that as well. Perhaps it might come handy if I wanted to hire someone later(for a virtual studio, everything would be done remotely).

The game would be oriented towards English-speaking audience and culture anyway.

Or would just this be enough, for trademarking the game. Of course, for trademarking a game company I would have to get another one.

 

P.S.

Does anyone have a filled example of this form?

 

Edited by Armantium

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I don't have a company myself, but I think this course is somewhat useful:

https://www.lynda.com/Business-Skills-tutorials/Start-Your-Own-Game-Company-John-Romero/435009-2.html

It's by John Romero, and he gives some insights he'd learned.

 

I know little about trademarks, but I'm curious as well. I don't think you need a legal entity for an international release on Steam, but if you were to trademark the IP (which is a good idea if you believe in your game's potential), I think it would be a good idea to do so as a legal entity:

https://www.zarmoney.com/blog/its-not-personal-its-business.-how-to-separate-your-personal-assets-from-your-businesses-liabilities

 

But I'm a newbie, so don't take my word for it. Keep asking around :) 

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1 hour ago, thefoxbard said:

but if you were to trademark the IP

Trade marks are by there nature a trait or mark identifying your products of trade. A logo is a trade mark.

A IP is an Intellectual Property, that is something you own like a contract, product or logo.

There for a trademark is your IP. You can't IP a IP, it's already a IP.xD

6 hours ago, Armantium said:

If I were to publish a game on Steam, would I even need a legal entity for international release?

What do you mean by legal entity, that word has hundreds of possibilities.

If you meant, "do I need to legaly exist" then yes I think that is definitely a must have.

 

Edited by Scouting Ninja

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7 hours ago, Armantium said:

I live in central Europe, but I don't want to have anything to do with the country I live in due to its highly corrosive, socialist nature

I can think of about 10 countries that fit that description.

Each country has their own laws and regulations, so unless you can tell which country AND someone knows the laws of that country, anything you read on this site will be a guess rather than fact.  Your best answers will be from a local lawyer.

7 hours ago, Armantium said:

If I were to publish a game on Steam, would I even need a legal entity for international release?

That will mostly depend on your country and your local laws, but also on Valve's company policies regarding your country.  Most of the rules are about government taxes and fees so they are unique to each place.

7 hours ago, Armantium said:

Mainly I would just want to protect the game's name

That is trademark protection. Trademarks are mostly the same everywhere due to several near-global treaties.  Some trademark protections are automatic as soon as you use the mark, but other protections require registration with government agencies.  Registered or not, the only way way to enforce those rights is to sue someone who violates them, and trademark lawsuits are expensive.

I'd check with a local lawyer about the value of registering your trademarks. If you don't have the money to get a lawyer now, then you probably won't have the money to attempt to enforce a trademark violation either, so it probably isn't worth it for you.

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On 2017-7-30 at 4:48 PM, Scouting Ninja said:

Trade marks are by there nature a trait or mark identifying your products of trade. A logo is a trade mark.

A IP is an Intellectual Property, that is something you own like a contract, product or logo.

There for a trademark is your IP. You can't IP a IP, it's already a IP.xD

Oops, you're right.

Thanks for pointing that out :D

 

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