Why Registering a Trademark is Advantageous
If you are thinking about getting a logo for your business and you aren’t knowledgeable about the processes, it is wise to get as much information as you can before you begin the procedure. Step one would be to go to with the site of an Intellectual Property Company to get proper advice on how to go about it. Many people are aware of the income 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. Because you’ll only be able to use that within a specified geographical location, that is more beneficial when compared with the unregistered trademark. As a way to be able to get the best results, you must properly register because this offers a broader platform of business.
Those with trademarks that are unregistered are at a higher risk of damaging their distinctiveness in case licensing is conducted. Nonetheless, for individuals who have registered logos, the level or the risk is decreased since the owners are provided the possibility 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 are in a position to get protection if a competition in the market is striving at using the symbol in a way that depreciates your goodwill. For a fact, section 23 of the Trademarks Act summarizes the prohibition of the utilization of a trademark that is registered by someone else who is not signed in a way that is likely to result in the depreciation of the goodwill of the actual owner. On the flip side, a proclamation to whoever owns an unregistered trademark might simply be against the rival. 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 register your trademark and have held the use of the trademark; you might be able to seek registration in other international states readily. Yet, with no trademark having been registered, you may maybe not be able to get the registration from these countries. The fact is, with a registered trademark, the procedure for seeking enrollment in other nations might also be reduced compared to this one that’s not registered.