How To Register Trademark In Singapore
What Is Trademark
A trademark is a tag or symbol used to identify the origin of a particular item or service. It comprises of a term, phrase, symbol or design that functions as the unique quality of an item or service and makes it stand out from others of a similar type.
A business owner can gain many advantages when he or she enlists a trademark. For one thing, he or she can offer permits and franchises to interested individuals. This naturally indicates one more efficient profit stream.
As a trademark owner, he or she will also be protected from third parties who are utilizing confusingly similar words or names, which, consequently, give unfair competition and unlevel playing field. Today, registration of a trademark also grants security for the web-based domain of a business.
Registration Of Trademark In Singapore
For firms doing trade in the Lion City, they must enlist their trademarks with the Intellectual Property Office of Singapore or IPOS, an agency under the Ministry of Law. Trademark registration in the state is commonly made through a certified registration organization, making the procedure even more convenient and simpler for applicants. While it is not discouraged to register directly with IPOS, engaging the services of a registration agency saves the business or brand holder time, money and effort.
The International Classification of Goods and Services leads the trademark registration to aid in classification. And although trademark registration in the nation is not required, a business person who has registered marks obtains common law rights.
Banned Marks For Registration
There are, nonetheless, particular marks that trademark registration in Singapore cannot safeguard. The Trade Mark Law in the Lion City, for instance, does not allow marks descriptive of the company’s product, service or line of business for registration, also those common to the trade, those illegal, insulting or misleading in nature, and those listed as a protected symbol, which include Royal symbols or national flags.
Safeguarding your business starts with protecting your brand name. Don’t allow others to take your company identity. To understand more about trademark policies, and how to protect your name, it is best to seek advice from a licensed registration agency now.
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