Why Registering a Trademark is Beneficial
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. A number of people are conscious of the income tax gain that may 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 have the capacity to receive the best returns, you should properly register because this provides you with a broader platform of business.
People that have unregistered trademarks are at great risks of damaging their distinctiveness in case licensing is conducted. Nonetheless, for those who have registered trademarks, the degree or the risk is reduced considering that the owners are provided the opportunity for registering as accredited 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 registered trademark, you are in a position to get protection in case a rival in the market is striving at using the symbol in a way that depreciates your goodwill. In fact, section 23 of the Trademarks Act outlines the prohibition of the utilization of a trademark that is registered by another person who is not signed in a way which is more likely result in the devaluation of the goodwill of the actual proprietor. On the flip side, a proclamation to whoever owns an unregistered trademark might simply be against the rival. 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 have registered your trademark and have held the use of the trademark; you can easily seek registration in other countries. However, without the logo having been registered, you might maybe not be able to get the enrollment 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.
Source: trademark registration in canada