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Trademark registration has gained pace with a significant rise in the number of registrations worldwide. There is a new business coming up every other day and people seem to register their brands in order to get them protected from fraudulent practices. It is important to understand what is Trademark Registration in order to know the importance of trademark registration.
Trademarks are not the same for all countries and it is thus important to know about the various trademark policies and costs in different countries. This will help to get the product secured in other countries too.
The trademark registration process might have a similar layout but the important trademark registration requirements and costs are different in different countries. Thus it is important to know the process of trademark registration in order to get the proper protection for the products.
The process for trademark registration are as follows:
The first step is to come up with a unique name for the registration purpose through research.
The next step is preparing the application along with the necessary documentation and file for the trademark registration process.
The concerned authorities will then examine the application and publish it for review.
If there is no opposition to the trademark application then the Trademark will be granted and a Trademark Certificate will be issued.
After the final step, the individual will be issued the Trademark logo according to the status of the registration process.
The trademark registration cost is different for different countries based on the value they offer and the service provided for the same. Due to the difference in the monetary value, India is anyway cheaper in comparison to its European and American counterparts. The other factor that makes the cost difference is the services provided in the package.
The trademark registration in India varies in range based on the services provided to the individual by the agencies. Basic services like filing will cost an individual less than services that include everything related to the trademark registration process. The cost for trademark registration in India varies from 399+ GST for filing the application to the concerned authorities. Whereas the range of 5000 to 8000 deals with registration along with other services like Trademark Search, Trademark Filing, Trademark Update. There are also fees above that which include all the services required and are charged accordingly along with the trademark registration govt fees. These high-cost services are of premium quality and take care of all the necessary requirements.
As for the cost in Europe and American countries, the basic cost for registration is 850 euros for the European trademark and 350 dollars per trademark registration class plus the cost charged by the legal authorities for the process for the American trademark. The service is inclusive of the trademark search and filing along with the legal formalities.
Apart from these, there is also the provision for the Indian companies to have their trademark registered in foreign countries at a price of 2000 rupees paid to the Indian Trade Mark Registry. This is then examined by the authorities of the country where the trademark is being filed.
The trademark registration cost varies in different countries based on the value of the currency and the service provided by the agencies in the corresponding countries. It is because of the cheaper rate of Indian currency and labor cost that the cost for trademark registration in India is lower as compared to many other countries.
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