The product and services of a company is considered to be its image and furthermore can become the main capital source of it. Any business enterprises with a well-known trademark has an advantage of maintaining and enhancing its competitive position in the market.
The legally registered trademark is a source for the prevention of the usage of the same trademark by other parties and the protection of your legal rights and interests as a trademark owner. Although there is no legal requirement for the registration of company’s trademark, it constitutes an exclusive right that aimed at protecting the rights of the eligible trademark owner from any usage of similar or consumer-confusing trademarks by others.
In case you are interested in protecting your rights in relation to the trademark, that is the result of your precious time and effort, from any violations both in Mongolia and abroad, the registration of it will be of a crucial importance. Particularly for those who wish to export or grant their trademark license of products in another country, the international registration is a must.
For that purpose, you may to submit the national application in that foreign country of your wish or file an international application.
The first option requires you to submit the request for trademark registration at the trademark office in accordance with the related procedures of that country and you will probably need services of the authorized agent for trademark of that country as well. The fees regarding the trademark registration overseas differs depending on the operation to be carried out in respective countries.
As for the second one, the international trademark registration application, you may to file the registration request for the trademark, that has already been registered or undergoing the registration process in Mongolia by means of the so-called Madrid the international trademark system. This Madrid system, in which Mongolia joined as a member, offers an opportunity for trademark owners to register their trademark on international level in up to 120 member countries by filing a single application at fixed rate and time in one language.
Should you require a detailed information about the Madrid international trademark system, visit this link https://www.wipo.int/madrid/en/ or contact us.