A trademark is one of the most beneficial attributes for a company as it will distinguish your products from others in the market. The trademark protection in Dubai is permitted through the Trade mark Law. This law is applicable since 1992 and it was amended in 2002. According to this law, a company or an individual can have a benefit of the trademark protection after the completion of the registration process. A trademark can take any form. It may consist of a sign, symbol, image, an alphabet or a combination.
Benefits of trademark registration:
Registering a trademark for a company can be a beneficial act. It has a lot of advantages like the legal ownership i.e. a specific trademark belong to the products or services of a specific company. The details benefits of having a registered trademark is as follows:
A registered trademark in Dubai is a security for your business in many ways. You can use it to get loans from the bank. They will be equally valued as the immovable property. It is like a license. It can be recorded on the trade mark register, giving the legal rights to the company who owns it.
A registered trademark in Dubai gives you the authority to use it in the market. The products or services that are associated with your company will be used only under your name. This is the most important reason behind the registration of trademark so that the unauthorized usage of your products can be stopped in the market. A company with registered trademark has the right to sue another company if it is using the first company’s trademark.
A registered trademark allows a company to enjoy all the benefits from the success of its products. The products act as an intangible property with which all the value and reputation is attached. A common trademark is attached to the goodwill of a product. This value is never attained by a product with the unregistered trademark.
A registered trademark has the benefit of transferability in Dubai. It can be transferred to any other product or person like an asset which is transferred by the current owner to anyone else.
The right to use the word “registered”:
Once the trademark is registered, it will be used by the company with the word registered or the symbol “Ò”. This will show that the particular goods and services are related to one company only. With this symbol or word, you notify other people of your rights. A registered trademark is included in the official register, which ensures that no other person can use it.
Having a registered trademark for your company in Dubai has many benefits. It is also useful if you want to get registration in foreign countries or it can also ensure the protection of your brand worldwide with the expansion of your business.