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:
- It ensures that every consumer easily recognises the product through the logo or name.
- It offers a legal safeguard against 註冊中國商標 duplicitous products and counterfeit services.
- 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.
- 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.