Non-disclosure agreements

Last Updated: 29 Nov 2021

Contents

  1. What does this involve?
  2. Am I eligible?
  3. What does this cost?
  4. Who is this for?
  5. How long does this take?
  6. Important information
  7. Next steps

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What does this involve?

Intellectual property can be major asset to a business. You may wish to put in place a non-disclosure agreement (NDA) – or confidentiality agreement – before discussing your ideas with another party. Find out in this free Business Gateway guide to non-disclosure agreements about types of NDAs, how to create an NDA and important NDA terms.

Am I eligible?

Yes, if you are thinking about starting, or already run, a business in Scotland.

What does this cost?

This is a free and impartial service.

Who is this for?

Any business based in Scotland, at any stage in its life cycle.

How long does this take?

Set aside 6 minutes to read the guide to non-disclosure agreements.

Important information

When you submit your quarterly VAT return, you enter how much VAT you’ve charged customers (output tax) and how much you’ve paid on business purchases (input tax).
Once signed, an NDA is a legally binding contract. If the contract is breached, you can take the other party to court to claim damages, but this can be costly and take time.

Next steps

Visit the Business Gateway website for more advice on non-disclosure agreements.

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