The Advantages of Registering a Trademark
In case you are looking at obtaining a trademark for your company and you are not up to date on the processes, it is wise to get as much information as possible before you start the process. Step one would be to visit the website of an Intellectual Property Agency to get appropriate advice about how to start it. Many individuals are aware of the tax advantage that will come with registering a trademark. However, there is so much you can gain when you register a trademark.
One of many benefits that you can get having a registered trademark is that you have the right to conduct exclusive procedures with the trademark in the entire area for which is the logo is registered, even if it isn’t in use. Since you would only be able to use that within a given geographical location, this is more useful than the unregistered trademark. As a way to have the capacity to receive the best returns, you should properly register because this provides you with a broader platform of business.
People that have trademarks that are unregistered are at great risks of damaging their uniqueness in case accreditation is conducted. Nonetheless, for those who have registered trademarks, the threat or the level is decreased because the owners are provided the chance of registering as licensed users. This will make sure that you as a licensed user of the trademark will have the ability to control the quality of the distributed products under the trademark.
With a trademark that is registered, you might be able to get protection if a rival in the market is aiming at utilizing the symbol in a way that lowers your goodwill. The truth is, section 23 of the Trademarks Act outlines the prohibition of the employment of a trademark that is registered by another person who’s not authorized in a manner that is certainly likely to result in the decrease of the goodwill of the real proprietor. On the other hand, an assertion to an unregistered trademark’s owner may simply be against the competitor. With a registered logo, you have the right to take anybody who causes any infringement to the Government Federal court of the precise area or the provincial court for damages of using the trademark illegally.
When you have registered your trademark and have held the use of the trademark; you can easily seek registration in other countries. However, without the logo having been registered, you may not get the registration from those states. The truth is, with a registered trademark, the process of seeking enrolment in other overseas countries may also be shortened compared to one that is not registered.
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