Meaning Of A Trademark

A trademark is a name or logo used to recognize the source of a particular product or service. It contains a word, phrase, symbol or design that serves as the distinguishable mark of an item or service and makes it stand out from others of a similar nature.

A business owner can obtain loads of advantages when he or she enrolls a trademark. For one thing, he or she can propose licenses and franchises to interested people. This of course results in one more efficient profit stream.

As a trademark holder, he or she will likewise be safe from third parties who are using confusingly like terms or names, which, in turn, present unfair match and unlevel playing field. These days, registration of a trademark likewise provides security for the internet domain of a business.

Trademark Registration In Singapore

For firms doing trade in the Lion City, they should register their trademarks with the Intellectual Property Office of Singapore or IPOS, an organization under the Ministry of Law. Trademark registration in the country is usually made through a certified registration organization, making the procedure even more accessible and simpler for applicants. While it is not discouraged to file directly with IPOS, engaging the services of a registration company saves the business or brand holder time, money and effort.

The International Classification of Goods and Services guides the trademark registration to help in classification. And while trademark registration in the country is not compulsory, a business person who owns registered marks acquires common law rights.

Marks That Cannot Be Registered

There are, nonetheless, some marks that trademark registration in Singapore cannot safeguard. The Trade Mark Law in the Lion City, for instance, does not permit symbols descriptive of the business‘ item, service or line of business for registration, also those common to the business, those against the law, abusive or deceptive in sort, and those listed as a protected sign, which include Royal symbols or state flags.

Protecting your business starts with protecting your label name. Don’t permit others to take your business identity. To know more about trademark guidelines, and how to safeguard your label, it is best to consult with a licensed registration agency now.

Singapore intellectual property protection guards your rights to your own creations. An intellectual property firm can assist you with your IP rights. (ref 6333)