Before setting up a business in the UAE, there are a number of things that are to be considered by the company. It is not just about deciding who will be the sponsor of the company or what will be the structure of the company. There is a lot more to discuss. Trademark registration in the UAE of a foreign company is also one of the most important tasks a company should consider in order to make its name in the market.
Protecting the trademark of the company may save it from a lot of hurdles. It makes the company gain its distinctive reputation in the whole world which makes it even more important. Also, the trademark of the company attracts the people towards the company which plays a huge role in the success of the company.
Read some useful info: How Can You Avoid Trademark Infringement?
Trademark and its Importance
Trademark is any symbol, sign, logo or name of the company which it uses in order to let the audience distinguish it from other businesses and companies. The businesses can use anything as a trademark including signs, signatures, sounds, marks etc. All that is given importance is the uniqueness of the trademark.
Trademark is of prime importance no matter whether the company is foreign or not because it helps the people in distinguishing the company from other thousands and millions of names working in the world. The trademark gives the business its own identity which plays a key role in its success. Also, due to the trademark, the reputation of the company gets increased which makes it more valuable in the eyes of their clients and investors.
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Benefits of Registering a Trademark
Trademark is a valuable asset of the company. Its importance cannot be denied in any way.
It distinguishes one business from the other and gives the business its own unique identity. This helps consumers in identifying businesses from other businesses.
It protects the business in so many ways. When the trademark is registered, no one would be allowed to copy its name. if anybody still does, the company will have the authority to sue it. Also, the company would be able to take action in case of any sort of infringements. Note that there are severe penalties for trademark infringements including fines and imprisonment as well.
Trademark can be used as a great marketing tool. The company gets to establish itself in the market with its unique name.
Companies can also sell their names for franchises to increase their revenue.
Trademark Registration of a Foreign Company in the UAE
Trademark registration Dubai & UAE can do wonders for foreign businesses. This is why the businesses are advised to register their trademark in order to stay a step ahead of others. All the trademarks that are registered in UAE get the protection in all the seven emirates of UAE.
Foreign companies should register their trademarks to obtain their respective rights and protect them. Brand Registration in UAE or Trademarks Registration of foreign brands in the UAE is accomplished by filing an application to the Trade Mark Section of the Ministry of Economy and Commerce. If the foreign company invests in such protection, it will obtain exclusivity over the rights. It means the company would be able to protect others from using the same right.
Also find more info: What Documents Do You Need to Prepare for Trademark Registration in UAE?
Here is the Trademark Registration process in UAE:
- First of all, you need to check whether or not your trademark is eligible to get registered in the UAE or not. This is because there are certain words and names that cannot be taken as trademarks.
- Carry out proper research for searching the most unique name because familiarity may create a conflict which may delay the trademark registration process in UAE.
- Determine the domain of services you want to provide to the customers. This will create an impact on the clients because your business name will represent your domain already.
- File for the trademark registration application by Ministry of Economy in UAE. Submit the application fee within 30 days of filing the registration application.
- After filing the application, the trademark will be advertised in the official journals of the trademark in order to see the objections over the trademark. If there are no objections regarding the trademark, the trademark registration process can begin.
The trademark registration process in the UAE may cost almost AED 20,000 to the company. The whole process may take almost 18 to 24 months. And after the registration of the trademark is approved, the trademark becomes a property of the company for ten years. After ten years, the company is required to renew the trademark to claim its rights on it again.
Far Consulting Middle east specialize in the trademark registration in UAE. They guide the businesses throughout the brand name registration, business setup in UAE and help them getting registration right according to the rules and regulations in UAE. Also, business setup consultants in UAE ensure the best of the best trademark registration services to its clients and satisfies them by carrying out all the trademark Registration procedures in relatively lesser time and more efficiently. You can either visit the office of Far Consulting Middle East. Or contact them to get the consultancy services regarding trademark Registration.
To start a better business setup in Dubai, it’s good to seek advice from expert firms in the UAE.