QUOTE(Patelsharp @ Feb 4 2014, 10:22 PM)
Who owns the design once itís finished and paid for this
It would depend on what arrangements were made and what design you are talking about.
Generally, if you were hired to design a logo, for example, the customer owns the logo, because he paid you for it.
If you work for a company and design something in the course of your job, your employer owns it.
Again, there are different circumstances and contracts can make a difference.