What Is Trademark
A trademark is a term or symbol used to recognize the source of a specific product or service. It includes a term, phrase, logo or design that functions as the distinguishable highlight of an item or service and sets it apart from others of a similar type.
A business owner can get many benefits when he or she registers a trademark. For one thing, he or she can offer licenses and franchises to concerned people. This naturally indicates one more efficient profit flow.
As a trademark owner, he or she will likewise be safe from others who are utilizing confusingly similar words or names, which, consequently, present unfair competition and unlevel playing field. Nowadays, registration of a trademark also offers protection for the online domain of a business.
Trademark Registration In Singapore
For firms doing business in the Lion City, they should enlist their trademarks with the Intellectual Property Office of Singapore or IPOS, an organization under the Ministry of Law. Trademark registration in the state is customarily done through a certified registration organization, making the process even more accessible and easier for applicants. While it is not discouraged to register directly with IPOS, engaging the services of a registration agency saves the business or brand owner time, money and effort.
The International Classification of Goods and Services guides the trademark enrollment to help in classification. And although trademark registration in the nation is not obligatory, a business person who owns registered marks acquires common law rights.
Marks That Cannot Be Registered
There are, however, particular marks that trademark registration in Singapore cannot protect. The Trade Mark Law in the Lion City, for instance, does not allow symbols descriptive of the company’s item, service or trade for registration, as well as those customary to the business, those against the law, insulting or deceptive in sort, and those listed as a protected sign, which include Royal symbols or national flags.
Safeguarding your business begins with protecting your label name. Don’t permit others to steal your company identity. To know more about trademark policies, and how to safeguard your label, it is best to see a licensed registration agency now.
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