Trademark ownership

Trademarksandtrademarkregistration

Trademarksarecommercialsignsusedtodistinguishgoodsandservicesfromdifferentsources,consistingoftext,graphics,letters,numbers,three-dimensionalsigns,colorcombinationsortheaboveelementsCombinationcomposition.Trademarkisanidentifyingmarkinindustrialactivities,sotheroleoftrademarkrightsismainlytomaintaintheorderinindustrialactivities,whichisdifferentfromtheroleofpatentrights,whichismainlytopromotethedevelopmentoftheindustry.

Theacquisitionoftrademarkownershipmustgothroughthetrademarkregistrationprocedures,andtheprincipleoffirstapplicationshallbeimplemented.Thetrademarkcompetentauthoritygrantstrademarkownerstheexclusiverighttoprotecttheirregisteredtrademarksundernationallawsinaccordancewiththelaw.

Scopeoftrademarkownership

Afterthetrademarkregistrantobtainsthetrademarkownershipgrantedbythetrademarkauthorityinaccordancewiththelaw,hisregisteredtrademarkisprotectedbynationallawsandcancontrolhisregisteredtrademarkaccordingtolawandprohibitothersfrominfringingrights,Includingthetrademarkregistrant’sexclusiverighttouse,profit,disposition,renewal,andtherighttoprohibitothersfrominfringinguponitsregisteredtrademark.

Accordingtomycountry’s"TrademarkLaw",thevalidityperiodoftrademarkrightsis10years,calculatedfromthedateofapprovalofregistration,andanapplicationforrenewalwithin6monthsbeforetheexpirydate.Aftergrantinga6-monthgraceperiod.Therenewalcanberepeatedindefinitely,andeachrenewalperiodis10years.

Trademarkownershipvalue

Trademarkrightisanintangibleassetthatnotonlyhasusevaluetothetrademarkowner,butalsohaseconomicvalue.Itcanbeusedtorepaydebts,thatis,transferaccordingtolaw.Accordingtotheprovisionsofmycountry's"TrademarkLaw",trademarkscanbeassigned.Whentransferringaregisteredtrademark,theassignorandtheassigneeshallsignanassignmentagreementandjointlyfileanapplication.