January 24, 2022
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Setting up a business is a thrilling experience. Still, it’s critical to have a thorough awareness of the dangers and blunders that entrepreneurs should avoid staying on track for success. It is crucial to learn from the errors made by previous startup entrepreneurs if you want to make it huge in the business sector.
We know you must be trying your level best to attract your audience and score their faith, and obviously, they’re going to recognize you by your brand name, slogan, or logo. On the other hand, many startups put off filing trademarks or overthink them, which can result in considerable losses. Consider how ambitious you want to be with your brand if you’re starting a company. When you’re ready to register your trademark – you should do so as soon as possible.
Let’s look at the 8 Company’s Trademark Registration Mistakes to Avoid When Starting a Business in India.
A startup’s trademark should be imaginative, autonomous, and provocative, according to us (MarkShield), a legal services organization that can help you register your trademark. We make things simple and have always succeeded.
This may work in your favor in China (trademark squatting is a considerable business there since the government strictly follows the first-to-file method). Still, it won’t work in India because we follow the standard law system.
Read more about COMMON TRADEMARK ISSUES
Relax! We got you covered. We at Mark Shield can make this hectic work easy for you. You can contact us with your requirements, and we will take care of the rest.
It is not a legal need for your company to have an officially registered trademark. However, if you don’t have a registered trademark, the legal position is that you don’t have solid legal protection for your name or brand. It’s possible that you don’t even own your name or brand.
If a company or individual wishes to prevent their logo from being misused by a third party, they should get a trademark. The owner of a trademark will have the sole right to use it for its products or services after being registered.
It is not mandatory to file a trademark application for your company name to enjoy trademark rights. On the other hand, A registered trademark may provide better protection for your brand while also aiding its development and economic expansion.
For trademark registration, the government charges Rs. 9000 each class application. Individuals, recognized Startup or MSME must pay Rs. 4500 per application per class to register a trademark with the government.
Naseem Sheikh is a trademark enthusiastic and he is a member of Bar Council of Delhi, Bar Council of India & Delhi High Court Bar Association