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 visit the website of an Intellectual Property Agency to get […]
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 visit the website of an Intellectual Property Agency to get appropriate advice about how to start it. Many individuals are aware of the tax advantage that will come with registering a trademark. Yet, there is much more you can get 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.
People that have trademarks that are unregistered are at great risks of damaging their uniqueness in case accreditation 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 might be able to get protection if a rival in the market is aiming at utilizing the symbol in a way that lowers 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 other hand, an assertion to an unregistered trademark’s owner may simply be against the competitor. With a registered logo, you can anybody who utilizes the trademark illegally or causes any violation to the federal court for settlement or to the provincial court of the region of that particular area.
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. However, without the logo having been registered, you might maybe not be able to get the enrollment from these countries. In fact, with a registered trademark, the method of seeking enrolment in other foreign countries might also be shortened compared to one that’s not registered.
Source: canada trademark registration