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Protecting a Valuable Asset – How to Protect Your Brand With Madrid. Hanoi October 24, 2017. Denis Croze Director, WIPO Singapore Office. Common Forms of Trademarks. Word/s (in a plain font or a ‘fancy’ font) phrase logo picture aspect of packaging or combination of the above.
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Protecting a Valuable Asset – How to Protect Your Brand With Madrid HanoiOctober 24, 2017 Denis CrozeDirector, WIPO Singapore Office
Common Forms of Trademarks • Word/s (in a plain font or a ‘fancy’ font) • phrase • logo • picture • aspect of packaging • or combination of the above... JUST DO IT
Why Protect? • Trademark is often the most valuable asset an SME owns • Potential to constantly appreciate in value • Acts as deterrent to infringers domestically and overseas Source: Forbes – The World’s Most Valuable Brands 2017 Ranking
Protection Options • The national route - file trademark application/s with the IP Office of each country in which you want protection • The regional route (where available) - apply through a regional trademark registration system with effect in all member states (e.g. EUIPO application gives protection in all current and future EU members) • The international route - file through the Madrid System
The International Route The Madrid System may be preferred when you: • Seek protection in multiple markets, particularly if these are in different regions • Want flexibility to add new markets as your export plans develop • Have limited budget and/or time to spend on registration and management of your trademarks
Independent Filings vs WIPO Registration Systems InternationalBureau of WIPO
The Madrid System is Convenient • Access a centralized filing and management procedure • File one application, in one language and pay one set of fees for protection in multiple markets • Expand protection to new markets as your business strategy evolves
The Madrid System is Cost-effective • File an international application, which is the equivalent of a bundle of national applications, effectively saving time and money • Avoid paying for translations into multiple languages or working through the administrative procedures of multiple IP Offices
Costs Fees are payable to WIPO in Swiss francs • Basic fee*, whichincludes 3 classes of goods/services • 653 Swiss francs – b/w reproduction of mark • 903 Swiss francs – color reproduction of mark • Fees for designatedContracting Parties (dCP) • Standard fees– complementary (100 Swiss francs per dCP) and supplementary (100 Swiss francs per class beyond 3) OR • Individualfeeswherethisisdeclared
How Much? • 2379 CHF = 2439 USD (for 10 years registration)
How Much for ASEAN Members? • 1448 CHF = 1482 USD (for 10 years registration)
Members of the Madrid System 116 countries
The Madrid System is Global • Currently: 116 countries covered by the 100 members • Markets that represent more than 80% of world trade • Recent accessions include: • 2014: OAPI and Zimbabwe • 2015: Algeria, Cambodia, The Gambia and Lao People’s Democratic Republic • 2016: Brunei Darussalam • 2017: Thailand, Indonesia
The Madrid System is Used by all Business Sectors • Madrid System users come from all corners of the globe and represent a broad cross-section of industries of different sizes
Madrid System Users: Business Size • Individual entrepreneurs, small and large businesses find the Madrid System to be a convenient and cost-effective means to protect marks in key markets throughout the world
How the Madrid System Works The International Trademark Registration Process
Timeline Decision of designated Office: Grant or Refusal The International Trademark Registration Process Designated Office Office of Origin WIPO Substantive examination Basic application or registration 2 months 2 – 3 months 12 or 18 months Time limit for provisional refusal Recorded at WIPO and communicated IRN Certificate Date of International Registration 10 years
Thank You for Your Attention WIPO Website: http://www.wipo.int/ Madrid Website: www.wipo.int/madrid/en/ WIPO Singapore Office: http://www.wipo.int/singapore/ Email: singapore.office@wipo.int denis.croze@wipo.int