Trademark Registration in India – The Leverages a Business Gains From It

Why Get a Trademark Registration?

Besides distinguishing a product from others, a trademark is an intangible asset for a trade. It protects not only the owner of the good but also the brand. Some other reasons to get trademark registration online are:

  1. It ensures that every consumer easily recognises the product through the logo or name.
  2. It offers a legal safeguard against 註冊中國商標 duplicitous products and counterfeit services.
  3. It builds a sense of trust in customers which in turn leads to repeat and loyal buyers achieving the end goal of profitability for any business.
  4. It can be sold, franchised or transferred at any point of time which makes it an asset to the firm.

A Gist of Registering a Trademark in India

The law in India for trademark registration is called Trademark Act of 1999. When an enterprise applies for a trademark, they must select from 45 different classes. These are categories of products and services that are defined by the nature of the business. Once a trademark is registered it is entered in a registry which maintains all TM of a particular class. This is done to keep a record of all logos, symbols, words, etc. trademarked.

A trademark is valid for ten years. The registration can be renewed for another decade, as long as an application is submitted within a postulated time frame.