Cost of Trademark Registration in India | Know the Hidden Costs
The cost
of trademark registration in India entails several processes and expenditures.
A
trademark is a sign or symbol used by one firm to differentiate its goods and
services from those of other businesses.
It is
widely employed by entrepreneurs in today's market. A trademark can be owned by
an individual, a business, or a legal organisation.
Many
businesses display their trademark on the packaging or on the product itself.
It protects you from other people using your product's trademark or logo.
The
person who owns the trademark has the right to sue anyone who uses his
trademark.
The cost
of trademark registration
online is divided into two parts: government fees and professional
fees.
The
distinction between government and professional fees is that government costs
are uniform throughout India, whereas professional rates vary depending on the
individual.
Cost of a Digital Signature Certificate (DSC)
The
registration fee is approximately Rs.4000 per application.
If a
person registers his or her brand or logo under multiple categories, he or she
must pay Rs.4000 per category.
Registration Cost
There
will be different fees for marks, series of marks, and combine marks. Also,
they will pay for each class separately.
Additional
registration in convention countries will incur extra fees. Fees for filing a
single mark in a single class are Rs.2500/- and Rs.2500/- for each additional
class, while registering a collective mark is Rs.10000/-.
In a
convention country, registration of marks costs Rs.10000/-, plus additional
payments for registration in each class.
Furthermore,
for international registration under the Madrid Protocol, the World
Intellectual Property Rights Organisation (WIPO) will impose additional costs
for registration in each WIPO member country in which you wish to register.
Professional charges
Many
applications rejects as a result of registering already existing marks.
As a
result, it is usually preferable to engage a professional to handle the
registration process.
An
intellectual property lawyer can provide competent advice on all legal
concerns. Involving trademark registration, trademark databases, or the
availability of different logos.
Legal fees for filing an objection
The
government will sometimes reject an application.
The
government's opposition is based on an already existing brand name or logo
symbol.
Everyone
who registers a trademark should use a distinct name or symbol.
If the
government objects, you must retain the services of a lawyer.
Opposition legal fees
The
opposition is analogous to the objection.
The
distinction between the two is that opposition comes from third parties,
whereas objection comes from the government.
Various
third parties or competitors level claims against commercial firms seeking
registration for using comparable logos or emblems.
There are
also allegations that if the application allows, it will result in a violation
of intellectual property rights.
It
results in fees ranging from Rs.8000 to Rs.10,000.
Renewal Fees
Renewal
fees will be levied for each mark in each class, although renewal of a
collective mark would cost Rs.10000/-.
The cost
of rectification or removal of a trademark is Rs.3000/-.
What can you trademark?
- Name The
applicant's personal or surname in business, as well as the person's
signature.
- Words: A
word that does not explicitly describe the nature or quality of the goods
or service.
- Numbers:
Can
be alphanumeric, letters, digits, or any combination of these. Consider
the 555 brands.
- Images: include
images, symbols, monograms, 3-dimensional shapes, letters, and so on.
Consider the tick in the Nike emblem.
- Sound:
Audio sound markers. Consider the sound in the ad jingle.
What are different types of trademark symbols?
- TM
(™): The TM symbol indicates that the trademark or
device mark has been filed with the appropriate authorities but has yet to
be registered.
- R (Ⓡ): The
R symbol indicates that the applied trademark or device mark has been
registered with the relevant authorities.
- SM
(â„ ): The
Service Mark symbol indicates that the service or device mark has been
filed with the appropriate authorities but has yet to be registered.
What are the advantages of Trademark Registration?
In the
long run, registering your trademark is critical for every firm. The following
are some of the advantages of trademark registration:
Legal Protection: Trademark registration gives you a competitive and
legal advantage over anyone who attempts to imitate your trademark.
Building Trust: A trademark can help you preserve and expand the
value of your brand in the market. It increases consumer trust in the brand.
When a trademark registers, it becomes the face of the firm or the goods and
services.
Intangible Asset: Trademark Registration in India produces an
intangible asset. Registered trademarks can be sold, assigned, licenced, or
commercially contracted to benefit the company or individual proprietor.
Cost-effective: Once you've registered your trademark, you
won't have to worry about it for at least ten years until you renew your
registration.
What is the Trademark Registration Process?
The Trade
Marks Act of 1999 governs trademark law in India.
The Act
allows for the registration of any mark capable of being expressed graphically
as a word, device, label, number, or colour combination.
Moreover,
it may also be capable of identifying one person's goods or services from those
of another.
A
trademark, in other terms, is a source identifier.
The
following is the process of trademark registration online.
Trademark Search:
A
thorough examination of the trademark logo and brand name is to ensure that
such a trademark is not already under another name. A trademark should be
one-of-a-kind.
Trademark Class:
When
applying for trademark registration
online, one must use the correct classification of classes. There are around
45 class for goods and services.
The
trademark registry categorises goods and services into 45 different classes.
Filling out an application for Trademark
Registration:
If your
application grants, you will receive recognition and be able to use the
Trademark symbol next to your brand name.
A manual
filling is also available, in which the applicant must personally hand over the
application for registration to the registrar's office of trade Marks located
in major Indian cities such as Delhi, Mumbai, Kolkata, Ahmadabad, and Chennai,
and then wait for 15-20 days to receive an acknowledgement.
The
registrar will ensure that the brand name chosen complies with existing law.
Also, that there are no conflicts or disputes between any existing or pending
brands for registration.
Publication of the selected brand name in the
Indian Trade Mark Journals:
The
registrar will publish the selected brand name in the Indian Trade Mark
Journal.
If no
opposition rises within 3 months (90 days or 120 days in some cases) from the
date of publication, it will proceed to acceptance.
Trademark Registration Certificate:
If the
registrar accepts the application without resistance, the registrar will issue
the Registration Certificate bearing the Trademark Registry seal.
After,
trademark registration, you can therefore use in addition to the brand name.
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