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Should you register your trademark when starting a business in Singapore?

Updated time: 01 Jun, 2021, 18:37 (UTC+08:00)

When doing business in Singapore, your corporate brand is your company's most valuable asset. As a corporation specializing in providing foreign business services, One IBC® will help you learn about trademark registration abroad in general and in Singapore in particular.

Why register a trademark when doing business in Singapore?

When Vietnamese enterprises operate in Singapore, the first and most important thing to create the foundation for the company is to register its trademark. Singapore is an integrated and developed country. This market has not only many opportunities but also risks for every enterprise. The businesses’ counterfeiting of brands is no longer a small problem but becoming a more and more serious issue.

Singapore is a country with very good trademark registration authority

Singapore is a country with very good trademark registration authority

The brand of each business is the face and its own mark and is a prerequisite for customers to choose to place their trust. Trademark registration is an important thing that any business must do if it wants to develop long-term and sustainably. An issue that many businesses are interested in is: "What are the benefits of trademark registration?"

  • Establish ownership and protect brand value: Exclusive use of trademarks, exclusive benefits of own brands. Once you have registered your trademark overseas with One IBC®, other individuals will not be able to use the trademark for any commercial purposes.
  • Create value and professionalism for businesses: This will help businesses connect with new customers and retain existing customers effectively. A registered business will enhance the trust of customers, partners and investors.
  • Avoid disputes: Register intellectual property to prevent competitors from copying and stealing ideas, names and interests of businesses. As a basis for businesses to receive compensation for damage if there are trademark disputes.

Trademark law helps to avoid trademark-related disputes

Trademark law helps to avoid trademark-related disputes

One IBC®'s trademark registration process

For Vietnamese enterprises expanding their business to Singapore, the registration of a trademark in this nation plays an important role in business activities, both affirming the value of the business and protecting the trademark at the same time. against infringements from competitors. The trademark registration process with One IBC® includes 4 basic steps:

One IBC<sup>®</sup>'s trademark registration process only takes 4 simple steps.

One IBC®'s trademark registration process only takes 4 simple steps.

Check trademark availability

Before registering a trademark in Singapore, One IBC® will conduct a research in the records kept by the Singapore Trademark Registry to ensure that no similar trademark has been registered for the same type of trademark. goods and services.

Fill in trademark application form

After checking, One IBC® specialists will assist you to complete the application, then submit it to the Singapore Intellectual Property Office. One IBC® will coordinate with the Singapore Intellectual Property Office and request businesses to add the necessary information.

Do trademark assessment

After submitting the application for registration, the Singapore Intellectual Property Office conducts a trademark examination and considers the conditions to accept the protection registration. The brand appraisal proceeds through the evaluation of factors such as: appearance, clarity, ability to distinguish from other brands.

Complete trademark registration

After completing the appraisal phase, the trademark was accepted for registration and granted an Intellectual Property Registration Certificate. Your trademark is protected for 10 years and can be renewed every 10 years thereafter.

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