Why Trademark Renewal is Essential to Your Business
Once registered and fully processed a trademark gives you the rights and protection needed on your products so that no one can copy or produce something like your product. This trademark gives your intellectual property protection for 10 years from the date that it has been filed.
Trademark renewal is not a frequent process however they can be a long winded and time consuming process as it requires great attention to detail to ensure all fields are accurate and requires consistent monitoring. However, trademark renewal is one of the most crucial activities for your business to do for you business to have full trademark protection.
Trademark Renewal Duration
When you register your trademark for your business your intellectual property is protected and generally in most countries valid for 10 years. After this period of time you will get the opportunity to apply for a trademark renewal every 10 years. Furthermore, Trademark renewal periods can differ depending on the country that it is being renewed or held in. For example, if you were to register for a trademark or trademark renewal in Canada it will give you 15 years of protection for your intellectual property. In addition, if the trademark is not used by the owner within the first 3 years of registration it can be cancelled.
Applying for Your Trademark Renewal
It is important for any business to consistently monitor their trademark to ensure they do not expire and lose your protection. Before the trademark does expire the renewal registration for your trademark can be made 6 months before the renewal date. If you fail to notice that your trademark is soon expiring, the trademark registry will write to the owner of the trademark 3 months prior to the renewal date as a reminder that their protection will soon end.
Once your trademark renewal application has been sent it will be fully processed to see if it adheres to the specifications and requirements needed to be approved. If this is the case and your trademark renewal is accepted the trademark registry will then send you a renewal certificate confirming your trademark renewal for a further 10 years.