An intangible asset is defined by its own name, that
is, it is not tangible, it cannot be physically perceived
How can intangible assets
help the company?
Given the variety of intangible assets and the vicissitudes they may
go through, there are many ways in which intangible assets can help
the company improve
Improving your ability to
increase sales
Intangible assets allow to
open new lines of business in
which to obtain new demand
Reducing production costs
The generation of the appropriate
intangibles and their good management
are at the base of the company's
productivity growth, which allows to reduce
production costs
The transfer of
rights of use
over intangible
assets
Many companies earn
income from the
transfer of rights to use
certain intangible
assets
The reduction in the tax base of the
Corporate Income Tax on income from
certain intangible assets
Article 23 of the Corporate Tax Law
establishes a reduction in the tax base
of income from certain intangible
assets
The sale of intangible assets
The company can generate income from the sale of said
assets, so that the final control of said assets is transmitted.
This is particularly important in companies dedicated to
research or creative activity.
example of intangible assets
advantages
Additionally, intangible resources
are less visible, more difficult to
understand, to buy, imitate or
substitute for competitors, and
therefore produce a more
sustainable competitive
advantage