– Trade Secret Protection Law, in force since April 1, 2019.

Membership in International Conventions

– Paris Convention for the Protection of Industrial Property, Stockholm Act, since September 7, 1993.
– WTO's TRIPS Agreement, since February 10, 1999.

Protection

Definition: as defined in the Trade Secret Protection Law a trade secret is undisclosed information of an economic nature, technological knowledge, and scientific or any other information.

Criteria for enforcement: for trade secret to be protected it must conform to all of the following requirements: (1) it is secret in the sense that it is not generally known among or available to persons who normally use such kind of information; (2) it has actual or potential commercial value because it is secret; (3) the trade secret holder, under the circumstances, has taken appropriate and reasonable steps to maintain secrecy of the trade secret.

Assignment - licensing: possible.

Remedies for misappropriation: if unlawful acquisition, use, or disclosure of a trade secret is established the trade secret holder has the right to request the prohibition to perform certain activities and a compensation for damages. The trade secret holder may request one of the following types of the compensation for damages for each infringement: (1) a compensation for loss; (2) a recovery of such amount (license fee) which he or she could receive for granting the right to use the trade secret; (3) a recovery of such profit which due to the infringement has been obtained unfairly by the person who acquired, used, or disclosed the trade secret unlawfully. The amount of the compensation for non-economic damage shall be determined by a court at its own discretion. An action against a person who has acquired, used, or disclosed a trade secret unlawfully may be brought within three years from the date on which the trade secret holder became aware of or should have become aware of an unlawful acquisition, use, or disclosure of the trade secret.