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. Many people are aware of the income tax advantage that will come with registering a trademark. Yet, there is a lot that you can gain when you register a trademark.
Among the huge benefits that you will be in a position to get with a registered trademark is that you have the right to conduct procedures that are distinctive with the trademark in the entire area for which the trademark is registered, even if the trademark just isn’t in use. Since you would only be able to use that within a given geographical location, this is more useful than the unregistered trademark. In order to have the capacity to get the very best earnings, you must register correctly since this provides you a broader system of operation.
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 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. 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 declaration to the unregistered trademark’s owner might 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 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. 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: register a trademark in canada