A registered Trademark protects its owner by granting other parties the right to use the mark in exchange for money while granting the owner the right to identify, utilize, and recognize their own goods and services. A registered trademark owner can stop others from using it illegally.
The Madrid Protocol was established in 1996 as a means to simultaneously file for trademark protection in a number of different jurisdictions. The Madrid Protocol explained the basics of international trademark registration. Visit the Trademark Office for international trademark registration.
International Trademark Registration has several advantages, including simplicity and lower costs. Trademarks may now be protected on a global scale with only one application, one application cost, and a single office to handle renewals and alerts, making worldwide trademark registration simpler than ever. Trademark holders can submit applications, changes of ownership or address, official notifications, and maintain their intellectual property through the USPTO.
What exactly is the Madrid Protocol?
The advantages of International Trademark Registration will become clearer after we have a firm grasp of the Madrid Protocol. The applicant must file the application for International Trademark Registration under the Madrid Protocol with the Trademark Office in the applicant’s country of origin.
The Trademark Registrar’s Office in India is the deciding factor in determining the place of origin in cases involving Indian enterprises. The Trademark Application was handled and filed with the Intellectual Property Office in Geneva, the office of origin.
The Value of Registering Your Trademark Abroad
The benefits of register trademark internationally include:
Opportunity: A trademark is an intangible property owned by a registered owner that is crucial to the company’s success. The owner of a registered trademark has several opportunities to capitalize on his or her newfound notoriety and financial success. Royalties are paid to the owners of trademarks via licensing agreements for popular brands like Reebok and Adidas.
Distinct Identity: Having your trademark registered internationally under the International Trademark registration system ensures that your goods and services will be recognized all over the world. Trademark registration is the first step in guaranteeing such services in the event of a favorable chance.
Offers Stronger Defenses: In addition to providing notice to third parties that a Trademark is already registered or taken, one of the primary advantages of International Trademark Registration is that it affords the Trademark owner exclusive international custody of the mark. Having your Trademark registered also lessens the likelihood of someone else claiming it as their own or otherwise infringing upon it.
Renewal and Changes: After a comprehensive investigation by the authorized authorities, your International Trademark Registration will last ten years.
The process of renewing your trademark becomes much simpler if you discover any discrepancies after filing your application. An identical application must be filed with the WIPO for International Trademark renewal in accordance with the guidelines specified by the body.
Your interests are normally protected throughout the export and import processes when you have an International Trademark since it is useful and accepted anywhere in the globe. If you discover an import or export Trademark Infringement on your brand, you may have grounds to sue the violators.