TRADE MARKS - MADRID PROTOCOL
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Madrid Protocol is a simple, flexible and economical solution for registering and managing trademarks worldwide. A natural person or a business entity of a country signatory to the Madrid Protocol can file an application under the Madrid Protocol. A trademark application filed under Madrid protocol can filled in colour and claim priority. Madrid Protocol allows an applicant to file a single application and pay a single set of fees to apply for protection in up to 115 signatory countries.
Madrid Protocol is administered by the International Bureau of WIPO in Geneva. All requests for protection in Madrid countries are examined according to the local trade mark laws existing in the designated countries.
The benefits of registering an application through Madrid protocol are:-
– It is a simple and cheaper way to file a trademark application than directly applying to the required country.
– An address of service is not required within the designated countries at the time of filing an application
– A trademark application filled through Madrid is protected for 10 years from the date of application and is further renewable.
– Any requests for changes or renewal of an application can be made through a single request which will have the effect on all the designated countries
The Madrid Protocol offers a convenient and cost-effective solution for registering and managing trademarks internationally. By filing a single application and paying one set of fees, you can apply for protection in over 130 member countries, simplifying what would otherwise be a complex and costly process.
One of the key benefits of the Madrid system is the ability to manage your global trademark portfolio centrally. You can easily modify, renew, or expand your registrations across multiple countries through one streamlined system, saving time and administrative effort.
However, it is important to note that while the Madrid Protocol streamlines filing and management, each member country still examines the trademark according to its own laws and procedures. Additionally, if your original registration is cancelled within five years, it can affect your international registration.
Overall, the Madrid Protocol is an effective option for businesses looking to protect their trademarks worldwide, but it is essential to weigh its advantages alongside its limitations. Please contact us for personalized advice on whether this system suits your specific needs.
