Trade mark registration gives the proprietor the right to exclusive use of the mark in respect of the goods or services covered by it.
02
Security
A registered trade mark can be pledged as security to secure loan facilities much the same way as immovable property can be bonded.
03
Intangible property
Trade mark registration is a value store or receptacle of the value attaching to the reputation or goodwill that the product enjoys.
04
Deterrent
Trademark registration deters other traders from using trademarks that are similar or identical to yours in relation to goods and services like yours.
05
Use in proceedings
A trade mark registration is prima facie evidence of validity of the registration and the rights conveyed by registration
06
The symbol ®
Once the trade marks is registered the symbol ® or “R” or word “Registered” may be used for the goods and services listed in the registration.
07
Foreign territories
A registered mark can be used as a basis to obtain registration in some foreign countries, facilitating protection of the brand worldwide as the business expands.
08
Counterfeit Goods
In some countries,a registered trademarks empowers customs authorities to prevent the importation of counterfeit foreign goods.