Looking to Safeguard Your Business Internationally? Learn How to File For an International Trademark Today
Entrepreneurs of the 21st century have been granted a unique opportunity in terms of economics. We live in a world that practically has no borders. Economic prosperity knows no limits and boundaries. Businesspeople, in today’s world, can transcend country lines to extract and produce wealth from marketplaces all over the world!
However, even though the whole world has literally been transformed into a marketplace through Globalization, entrepreneurs have it even more difficult now. Globalization is a double-edged sword. And, a larger market results in a far broader and deeper competition.
Unsplash | The world’s economic market has become even more competitive than it was before
As such, people often opt for ill ways to stay ahead of their competition. One of the most common ways of doing so is Trademark Infringement. The best way to guard your business against the illicit behaviors of other people is by filing an international trademark application. When you are around the world, conducting your business, this application will protect it from being used by other companies for their own good.
What’s The Purpose Of An International Trademark
So to explain, let’s consider Apple. When Steve Jobs and Steve Wozniak were starting their business, they decided to get a national trademark that kept their company’s name safeguarded within the country.
Unsplash | Apple started as a small company operating from a garage
Now, as the company started growing, the founders witness international potential in their business. Who wouldn’t be interested to jump on the bandwagon of innovation and technology? Hence, at this point, the founders decided to file for an International Trademark.
By doing so, the entire world would be restricted to sell products under their name. If someone, for example, is caught breaching the law, then they are liable to provide compensation to the trademark owners.
How To File For International Trademark Protection
There are two ways in which you can file your company for international trademark protection. The first is heading towards your country’s intellectual property office, where you’ll be aided throughout your application process. The second way is to submit your application directly to the Madrid Protocol. This is a branch of the International Bureau of the World Intellectual Property.
The essential purpose for doing so is that, instead of having the business hop from place to place to file for trademark rights, you can earn trademark rights for all the countries that fall under the Madrid Protocol, just by submitting only one application.
Unsplash | You can submit your trademark application from your laptop
How To Submit A Trademark Application To The Madrid Protocol
It is fairly simple to submit your application to the Madrid Protocol. You can do so by following these steps:
1. File for a trademark within your home country through the intellectual property office. In the United States, for example, that would be the Patent and Trademark office.
2. From your country’s intellectual property’s website, access the Madrid Protocol Application page
3. Enter your business’s TM application serial number and select the appropriate services/goods that fall under the trademark
4. Select the countries that you would like to include in your trademark
5. Insert vital information about the trademark holder for verification purposes
6. Pay the filing fees
7. Submit your application
While filling out your application, ensure that you do not make any errors as the slightest slip up could lead to the rejection of your trademark. The perfect time to file for an international trademark is when your company is big enough that it does not want its competitor to sell products under its name in countries around the world.
More in Legal Advice
Naomi Campbell is Still Battling it Out with an Ex-Boyfriend Years after Their Break up–Here’s Why
Naomi Campbell is no stranger to controversy whether it has something to do with her professional or personal life. And it...October 22, 2020
The Retiree’s Guide to Getting and Recovering from a Divorce Later in Life
Divorce rates among couples who are in the 60 and over age group have notably risen in recent years. This is...October 20, 2020
The First GMIT Virtual Career Fair- Why You Need to Invest Your Time in Career Fairs if You Want to Land a Job Anytime Soon
If you’re a college student or a recent graduate, you must be aware of all the career fairs taking place around...October 14, 2020
Hitting Your Diamond Wedding Anniversary but Choosing to Part Ways? Follow These Tips For a Smooth Transition Into Single Life
Divorces tend to be messy affairs. They can be overwhelming both mentally and financially. To separate from a person you had...October 13, 2020
Haven’t Received Your First Stimulus Check Yet? Here’s How You Can Find Out Why There’s a Holdup
Stimulus checks are checks sent to taxpayers to stimulate a sluggish economy. The U.S government provides some money to taxpayers to...October 5, 2020
Are You a Lawyer Just Starting Out Their Career? Here Are a Few Expert Tips on How To Get Your Career Off to a Good Start
Your law degree has finally been completed. You’ve persevered through the daunting legal training. Your name is now signed on the...October 5, 2020
Divorced or Separated? Know These Genius Hacks to Make Co-Parenting Easier and Better
Just imagine: you and your partner used to be head over heels with each other. Now, both of you want out...September 30, 2020
Don’t Take it to The Court Immediately! Simple Tips to Prevent Your Marriage from Heading to Divorceville
When sparks no longer fly, married couples head to Splitsville. Divorce isn’t always expensive but depending on how you end things...September 25, 2020
Roping in a Finance Lawyer For Your Business? Here Are a Few Tips to Help You in the Process
Dozens of business houses shatter every day just because they don’t have a good financial lawyer. And not just any business...September 25, 2020