Goa is a state in western India with coastlines stretching along the Arabian Sea. Factors like high literacy rate, tourism-friendly ecosystem, high per-capita income, low crime rate, strong connectivity, and harmonious industrial ecosystem are driving major industrial growth in Goa. Among the 10 well-developed states, Goa tops the rankings in terms of public infrastructure and service utilities, making it a suitable place for starting a business or company. Once you have started a business it becomes essential to register your trademark and protect your brand identity.
Intellectual Property Rights are a very important asset class for any business, startup, or enterprise. Developing and protecting intellectual property such as Trademark, Patent, Designs, Geographical Indication (GI) with proper registration can help them to gain a competitive advantage. It is essential to obtain trademark registration for the business name/trade name under the Trademarks Act 1999.A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it or to authorize another person/entity to use the same in exchange of agreed consideration.
A trademark (also known as a brand name) may be a name, signature, word, letter, numeral, symbol, logo, device, packaging labels, tagline, the shape of goods, or any combination thereof to distinguish it from other similar goods or services originating from another seller. It is a distinctive sign which identifies certain goods or services as those produced or provided by a specific person or enterprise.
Who can file an application for Trademark Registration?
- An Individual Person
- Joint Owners
- Proprietorship Firm
- Partnership Firm
- Limited Liability Partnership
- Indian or Foreign Companies
- Trust, Society, NGO’s
- Banks, Insurance Company, Financial Institution, Stock Market Intermediaries
- Government Ministries, Departments, and Agencies
- Schools, Colleges, Institutions and Universities