– Law No. 354 on Patents of Invention, Utility Models and Industrial Designs, effective from November 25, 2000, amended on March 22, 2006, September 13, 2007 and April 3, 2020.
Membership in International Conventions
– Paris Convention for the Protection of Industrial Property, Stockholm Act, since July 3, 1996.
– WTO's TRIPS Agreement, since January 1, 2000.
Definition: any confidential information belonging to a natural or legal entity and that conforms to the conditions established in the present law. A trade secret would be considered as such provided that: (1) it is not as a whole or in the precise configuration and gathering of its components, generally known nor easily accessible by those in the circles that normally handle the respective information; and (2) reasonable measures have been taken by its legitimate owner to keep it as secret.
Assignment - licensing: possible.
Remedies for misappropriation: a trade secret infringement is considered an unfair competition act, and judicial actions may be taken against an infringer. Any person affected by an act of unfair competition, may file an action before the Civil Courts, to suspend any infringement or to prevent it, and to obtain compensation for damages and losses. The action against an act of unfair competition prescribes in the term of two years from the date the person affected had knowledge of the unfair competition act, including the infringement of a trade secret, or in the term of five years from the last time the act of unfair competition was committed, whichever expires first.