- October 24, 2021
- Posted by: axiom_admin
- Categories:
Businesses, especially a newly established one across the UAE should overlook the beneficial necessary compensations provided by having a trademark. Most business owners don’t realize that their business’s value is vested in its subtle ownerships.
In many aspects, having a registered trademark in Dubai provides security to your company. It can be used to obtain bank loans. It can be entered into the trademark registration, providing the entity that owns it with legal rights.
So why does registering for a trademark have an impactful role that every business should thoroughly consider?
– Brand solidity
A trademark registration gives you the assurance you need to build a better presence in front of customers. Consumers automatically associate a brand with legitimacy and transparency when they see a trademark. This will increase the brand’s value and allow it to operate smoothly without any legal setbacks.
– Valuable asset
For you and your brand, a trademark is a powerful resource. The value of a trademark is directly proportional to the service’s corporate reputation. Trademarks facilitate the transition from one industry to another across the UAE. Trademarks can be bought, sold, licensed, or even used as leverage to receive a loan for your company.
– Trademark as a shield
In many respects, having a registered trademark in Dubai provides security to your company. They will be valued at the same level as immovable property. It’s similar to having a driver’s license. It can be entered into the trademark registration, providing the entity that owns its legal rights.
If the trademark registration process has been initiated properly, all legal and common effective advantages would boost the company’s protection of all its brands, products and services.
In the case that your trademark rights are violated, you must contact the offending party and tell them of your rights. If they refuse to change their ways, file a complaint with the Ministry of Economy’s Trademark Department.
