Why is it necessary to register your trademark with a trademark registration agent accredited by the Ministry of Economy?

To ensure that the request is entered in the correct manner As there are many factors that are hidden from you, an experienced agent gives you advice regarding the installation of the sign and the level of protection for each shape or structure. The Ministry of Economy issues a bulletin with the accepted trademarks twice a month, which may exceed 3000 trademarks. The agent monitors any published mark that may be similar or identical to your trademark and inform you of that. Hiring a specialized trademark registration office may cost you more, but it will definitely save you a lot. A specialized and reliable agent must have practiced the profession for a minimum of 10 years, which is the term of protection of the mark as well as to ensure that it will continue to watch your trademark for the next ten years.

When I can use the trademark, do I have to wait for the completion of the registration process?

The use of the mark is something completely different from the registration procedure, as the registration is only to protect the mark from the use of others. The use of the trademark before registration is a legitimate thing if the mark is yours and not related to any other mark, and if its use does not constitute an infringement of the rights of others.

Should the trademark be registered?

No, it is not mandatory. Registration is to guarantee your rights and to prove the ownership of this trademark, otherwise, not registering the trademark may expose it to be misused, or be registered by someone under his name, which would prevent you from using it in the future.

How to register my trademark internationally?

There is no specialized governmental or quasi-governmental office, body or agency in which an international trademark registration application can be filed. However, you can file one application for registration in the European Union, as for the rest of the world, a single application is filed for each country separately, and this is by contacting us or any trademark registration agent.

Is it possible to register a mark under a name of a person, not a name of a company?

Yes, it is possible, according to the law of the United Arab Emirates, the applicant must attach a proof of owning a 100% trade activity, or to be partner in a trade activity, here he must attach a non-objection letter from the remaining partners in the license certified by a notary.

There is a trademark in Brazil, and I would like to register it under my name in the UAE, can I do that?

Yes, you can, and the trademark registration could be approved, and the owner of the mark in Brazil has the right to object to the registration application during the opposition period, and he is also entitled to apply for cancellation of the trademark even after registration and within 5 years.

If I have a car trade company and want to register a trademark in the third category, which is perfumes and cosmetics, is that possible?

Yes, it is possible. In registration there is no condition in which the company’s activity should be match the products and services of the trademark, as the registration of the trademark is not a permission to engage in an activity.

Virtual Assets Regulated Activities Now Offered in DET Branches:

Stay Compliant to Avoid Penalties

The Virtual Assets Regulatory Authority (VARA), in coordination with the Department of Economy and Tourism (DET), has made an important announcement regarding the availability of Virtual Assets Regulated Activities. These activities, which were issued on 7th February 2023, can now be accessed through DET branches.

If you are a Virtual Asset Service Provider (VASP) intending to operate in mainland Dubai or seeking to modify your existing commercial licenses, it is crucial to apply for the relevant activities at DET branches.

The following regulated Virtual Asset (VA) Activities, requiring a VARA license, are now open for application:

1. VA Advisory Services

2. VA Broker-Dealer Services

3. VA Custody Services

4. VA Exchange Services

5. VA Lending and Borrowing Services

6. VA Management and Investment Services

Additionally, you may also apply for the VA Proprietary Trading commercial license, which will require VARA’s No Objection Certificate (NoC).

It is important to note that firms already engaged in VA Activities in Dubai (excluding the DIFC) before 7th February 2023 (referred to as “Legacy” firms) must seek regulatory oversight or relevant guidance from VARA by the final deadline of 30th April 2023.

Failing to comply with the regulatory framework by the aforementioned deadline may result in substantial punitive measures, including material fines, penalties, or potential closure of the firm.

To ensure compliance and mitigate the risk of fines or regulatory action, it is advised to visit the designated DET branches to either modify your existing license or apply for a new VA license.

Conclusion:

Stay ahead of regulatory requirements, protect your business, and maintain a competitive edge in the growing virtual asset market by taking the necessary steps to comply with the new regulations.

Please note that the information provided in this blog post is based on the announcement made by VARA and DET, and it is recommended to visit the official websites or contact relevant authorities for the most up-to-date information.

Published On: May 25th, 2023 / Categories: Trademarks / Tags: #BrandIdentity, #BrandProtection, #BusinessExclusivity, #BusinessGrowth, #BusinessIdentity, #IntellectualProperty, #MarketCompetition, #Marketing, #TrademarkAdvice, #TrademarkEssentials, #TrademarkLaw, #TrademarkOwnership, #TrademarkRegistration, #UAE /

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