Patent right: refers to the patent inventor's exclusive right to product design, shape, formula, structure, manufacturing process or procedure protected by law after the patent application is approved.

Non-patented technology: refers to the undisclosed special technology, process specification, experience and product design that has not been patented.

Trademark right: refers to the exclusive right to use a specific name or pattern on a specific product or commodity obtained by the trademark owner after registration according to law.

Intangible assets refer to identifiable non-monetary assets owned or controlled by enterprises without physical form. Intangible assets can be divided into broad sense and narrow sense. Intangible assets in a broad sense include monetary funds, financial assets, long-term equity investment, patent rights, trademark rights and so on. Because they have no physical entity, they show some legal rights or technologies. But intangible assets are usually understood in a narrow sense in accounting, that is, patent rights and trademark rights are called intangible assets. Intangible assets in a broad sense include financial assets, long-term equity investment, patent rights, trademark rights and so on. Because they have no material entity, but are represented by some legal rights or technologies.

Evaluation basis of intangible assets

The evaluation of intangible assets, such as brands and trademarks, is to confirm, evaluate and report intangible assets according to specific purposes and follow fair and legal standards and procedures, so as to provide a value scale for asset business. For intangible assets evaluation, we should pay attention to:

1. Based on the obtained information about intangible assets, according to the historical implementation and future application prospect of intangible assets or similar intangible assets, combined with the operating conditions of enterprises that have implemented or intend to implement intangible assets, the predictability of economic benefits of intangible assets is emphatically analyzed, and the applicability of income method is properly considered;

2. Reasonably estimate the expected income from intangible assets, reasonably distinguish the income from other assets, and analyze the expected change, income period, cost, supporting assets, cash flow and risk factors related to income;

3. Keep the expected income consistent with the discount rate;

4. Reasonably estimate the discount rate according to the risk factors and the time value of money during the implementation of intangible assets, which should be different from the discount rate of enterprises or other assets;

5. Comprehensively analyze the remaining economic life, legal life and other related factors of intangible assets, and reasonably determine the income period.

To sum up, intangible assets refer to assets that do not have physical form but can be used by enterprises for a long time and provide certain rights or privileges. Such as land use right, patent right, trademark right, copyright, goodwill, etc. Intangible assets are characterized by no physical form; It is recognizable; Belonging to non-monetary assets; And has controllability.

Legal basis:

Article 27 of the Company Law of People's Republic of China (PRC)

Shareholders can make capital contributions in currency, or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in currency and transferred according to law; However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations. Non-monetary property as capital contribution shall be evaluated and verified, and its value shall not be overestimated or underestimated. Where there are provisions in laws and administrative regulations on evaluation and pricing, those provisions shall prevail.

Article 28

Shareholders shall pay their respective subscribed capital contributions in full and on time in accordance with the Articles of Association. Where the shareholders make capital contributions in cash, they shall deposit their capital contributions in full into the account opened by the limited liability company in the bank; Where non-monetary property is used as capital contribution, the formalities for the transfer of property rights shall be handled according to law. Where a shareholder fails to pay the capital contribution in accordance with the provisions of the preceding paragraph, he shall be liable for breach of contract to the shareholder who has paid the capital contribution in full and on time.