You may have never heard of the Madrid System, but we are here to tell you about it!
The Madrid System, in brief, is a system primarily related to the protection of intellectual property of institutions and organizations.
What will we cover in this article? We will cover all the details related to the Madrid System, What are the countries that benefit from it? The reasons for establishing this system.
What Is The Madrid System?
The Madrid system is a system created in 1989 as a consequence of an agreement signed in 1891 to register trademarks of institutions and organizations while also safeguarding their rights and intellectual property in multiple countries.
How Does It Work?
This system is managed by the World Intellectual Property Organization (WIPO).
To register on the system, you can do so by accessing the WIPO website and submitting your application through the electronic filing service (Madrid e-filing).
Madrid System Benefits
Efficiency: You can obtain a trademark permit in multiple regions at once
Cost-effectiveness: When you submit a single application for your trademark in multiple countries, you will save a lot of money instead of paying an additional fee for more than one application.
Flexibility: You can manage your brand in any of the regions covered by the agreement, which roughly accounts for approximately 80% of total trade around the world.
Why Should I Apply Under the Madrid System?
What to consider before applying?
To get the most from the Madrid System, you must satisfy the following conditions:
- Your country must be one of the member countries of the system, and you must be a resident there.
- The system was originally activated for organizations and institutions, as we mentioned previously, Then, of course, you have to be a facility owner!
How to manage your trademark?
The Madrid System provides you with a set of advantages and services to manage and control your brand with high efficiency, including:
Options for registration protection include expanding protection, limiting products and services, and removing protection for certain members.
Manage your representatives, update contact information, change ownership, and renew registrations.
At the end of this article, we hope that we have provided you with all the information you need about the Madrid System, and for more information, you can register with us here.
People also ask
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What does the Madrid System do?
Registering your company and providing trademarks globally.
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What is the Madrid Protocol?
The protocol aimed to simplify the process of obtaining a trademark
protection in numerous jurisdictions.
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What countries are in the Madrid System?
By the end of 2023, the Madrid System was made up of 114 countries, known as the Madrid Alliance.
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What are the benefits of the Madrid System?
Efficiency, Flexibility, and Cost-effectiveness.