|
Trademark registration offers numerous benefits, including exclusive rights to use the mark, legal protection against infringement, brand recognition among consumers, and increased asset value for the business. It also serves as a valuable marketing tool, helping businesses differentiate their products or services from competitors in the market. After registration, trademarks require periodic renewal to maintain their validity. Renewal periods vary depending on the jurisdiction but typically range from 5 to 10 years. Failure to renew a trademark can result in its cancellation, leaving the brand vulnerable to infringement and loss of rights.
|