What is International Trademark Registration in Singapore?

1
(No Transcript)
2
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• In todays world, there are many prerequisites to
  be fulfilled for commencing a business in a
  foreign country. Several conditions and
  regulations are formulated by regulatory
  organisations in Singapore, such as ACRA and
  BizFile, for starting a company in Singapore. It
  is crucial for every organisation to protect
  their IPR (Intellectual Property Rights) across
  different countries, especially when your
  Singaporean Business is engaged in trading and
  export activities with foreign nations.

3
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• You can secure your companys IPR with Trademark
  Registration, which is a unique word, symbol
  (logo), phrase, or any other element for your
  business identification and differentiating the
  products and services from your competitors.
  There are ample benefits for International
  Trademark Registration in Singapore, and we will
  walk you through salient ones.

4
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
What is International Trademark Registration in
Singapore and for Foreign Countries?

• International Trademark Registration is critical
  for every Singaporean business engaged in
  business activities in foreign countries. It
  protects companies Intellectual Property Rights
  (IPR) during Trademark Infringement and enhances
  their brand images in consumers minds.
• It saves your Trademark from being copied or used
  for fraudulent activities in foreign nations.
  With International Trademark Registration, you
  can take legal action for your Trademark
  Infringement.

5
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• If you are an overseas company looking to
  register its Trademark in Singapore, you must
  file an application through the Intellectual
  Property Office of Singapore (IPOS).
• If you are a Singaporean Business looking to do
  International Trademark Registration in the
  countries where the business is operating, then
  you must file an application through the World
  Intellectual Property Organization (WIPO).

6
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• WIPO will review your application and publish the
  mark in their Gazette of International Marks,
  where your application is sent to the countries
  where you have business operations for Trademark
  protection. Each country has an 18-month
  timeframe to accept or refuse the forwarded
  application. In case of no refusal, the Trademark
  is deemed to be registered in foreign nations.

7
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
Benefits of International Trademark Registration
in Singapore
Trademark Infringement

• The chief benefit of International Trademark
  Registration in Singapore is that it prevents
  your business from Trademark Infringement,
  primarily when another foreign business uses an
  identical trademark to your company to trade
  their products and services. It will retain a
  positive and distinctive impression amongst
  consumers of your brand. It saves your business
  from heavy losses and tarnishing of brand
  reputation.

8
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• International Trademark Registration helps your
  company mitigate such events. It enables owners
  to take legal action against situations when
  another business uses a similar trademark to
  theirs for selling or promoting their products
  and services.

Global Protection

• International Trademark Registration is highly
  beneficial when your firms operations are
  extended overseas. It protects your business in
  different countries and helps to maintain your
  brand image by preventing other companies from
  using your Trademark.

9
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• Note If your business is indulged in business
  trading in multiple countries, you need to
  register for an International Trademark in each
  country where you have your business operations
  to avoid misuse of the Trademark and maintain
  your brand identity.

10
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
Time and Cost Saving

• Though International Trademark Registration in
  each country where your business operates is
  expensive, it saves your company from massive
  costs in the long run. You can simplify this
  process by consulting with Bestar Services
  Singapore Business Advisory Consultant, who will
  guide you through the entire procedure and save
  you from hefty costs with just one application.
• Most importantly, International Trademark
  Registration will protect your business from
  indulging in legal matters in the future, saving
  you significant legal costs when another overseas
  company has used a similar Trademark.

11
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
Enhances your Brand Reputation

• Companies operating in foreign countries with
  International Trademark Registration tend to win
  local consumers trust and faith in their brand
  quickly. It exhibits your commitment and
  perseverance towards your business identity and
  esteem in customers minds, leading to increased
  sales and revenues.
• It also helps you find potential investors,
  stakeholders, and third-party vendors. It builds
  a solid brand reputation in the eyes of financial
  and banking institutions and legal regulatory
  authorities.

12
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
Increased Imposition

• Imposing (Enforcing) your companys trademark in
  multiple countries where your business has
  operations is challenging and arduous. You can
  simplify this situation with International
  Trademark Registration, enabling you to smoothly
  enforce your trademark in foreign nations.
• If you are engaged in professional business
  activities where they have a treaty and agreement
  in place with Singapore, it will be
  straightforward for your business to enforce its
  trademark with International Trademark
  Registration.

13
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore

• You can smoothly obtain one for your business
  with Bestar Services and increase your companys
  trademark enforcement in foreign countries.

Conclusion

• Now you will have fully comprehended what
  International Trademark Registration is, how you
  can file an application for it in Singapore and
  overseas, and its benefits. However, if you have
  any questions, feel free to contact us.

14
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
At Bestar Services, we provide comprehensive
support and solutions for Company Incorporation
and Registration Services in Singapore for
foreign and national companies. We help
businesses with International Trademark
Registration for both foreign and local
companies. Our Business Advisory Consultants
have helped 100s of organisations seamlessly
obtain their International Trademark Registration
in Singapore and foreign countries where they
have operations.
15
What is International Trademark Registration in
Singapore? What are its Benefits?
Tax Planning While Being In Singapore
International Trademark Registration with Bestar
Services saves you ample time, cost, and effort.
We also assist with other matters related to
Company Incorporation and Registration in
Singapore. Contact us today for a consultation
with our Business Advisory Consultants in
Singapore by calling us at 65 6299473 or
emailing admin_at_bestar.com.sg.
16
(No Transcript)