Reasons Why You Need A China Trademark?
A China Trademark includes signs, letters, phrases, words, drawings, indications, characters, digits, fragrances, colors, sounds, and their combinations, and it is a valuable corporate asset. It identifies your company's products and services and distinguishes them from rivals' offers.
HongKong brand registration is commonly found on products, packaging, coupons, labels, and even firm structures. If you are business operating in China or Hong Kong, here are few reasons, why you must need a Trademark.
Exclusive permission to use the trademark
The registration of a trademark ensures that no one in a certain jurisdiction may offer identical services or products as the trademark's owner under the exact same name. This fact assures that the trademark's owner is the exclusive entity with the permission to use and copy the trademark, resulting in a real legal monopoly.
Advantage over the competition
It guarantees that no other party will be allowed to use a trademark that is registered to identify its goods or services. This is especially crucial during the phase when the brand's products or offerings begin to gain popularity and customers begin to identify the trademark with the items or services. When a firm becomes well-known, outside parties may be tempted to profit from the financial prosperity of the brand in question.
Transmission
As a freely transferable Property Right, the proprietor has the option to sell or lease its trademark to somebody else. It is typical for great investors to purchase new trademarks in return for cash recompense; however, this is only feasible if the brand is registered.
Internationalization
A trademark's registration grants its owner a priority time (6 months) for registering its trademark in other nations, allowing the firm to expand securely while assuring that the China Trademark is not misused by third parties.
Conclusion
Trademarks are generally valid for ten years, but they may be readily renewed for further ten-year periods, allowing for an infinite duration of protection. If you don’t have a trademark yet, apply now!
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