Most business people confuse the Company’s Registered Name with the Trading Name or the Trade Mark.
A Company Registered as ABC Toys Ltd can use in its marketing and promotional material the Trademark “Toys for All”, however the latter is not its official name for Tax, VAT and Companies House (Cyprus Registrar of Company) purposes.
Its official name for all legal correspondence will always be ABC Toys Ltd even though the authorities must also be informed about its Trademark or Trade Name (marketing name) for information purposes only.
A Trade Mark may be comprised of names, words, logos, symbols, numbers, designs, images, the shape of goods, colors, sounds and smells, or the combination of a number of these elements that create a sign.
A Trade Mark can be registered locally in Cyprus or internationally (based on desired segment) so that no one else can use it. Therefore, you must ensure that you know for which geographical jurisdiction you have secured your Company’s logo or design.
Also it is important to know that the rules of registering Trade Marks change frequently so is the pricing therefore you must check from time to time that your affairs are in good order and compliant with the latest Trade Mark International regulations.
If you have some enquiries about this matter, feel free to contact us at kt@cyprusaccountants.com.cy and we will be more than happy to assist you.
Community Trademarks (CTM)
We undertake the registration of community trademarks through the Office for the Harmonization of the Internal Market.
International Trademarks
The proprietor of a Registered national trademark in Cyprus can apply for its registration to all country members of the Madrid Union since Cyprus is a member of both the Madrid Agreement and the Madrid Protocol.
Patents in Cyprus
We represent proprietors for the registration of national, European or International patents and we take over the validation of granted European patents in Cyprus.
Industrial Designs
Industrial Designs are considered to be objects with aesthetic properties that can be used in Industry.
Exclusive Rights
Only citizens in the Republic of Cyprus or in a Country Member State of the European Union, or with a place of business in Cyprus or in EU are entitled to apply for the registration of an Industrial Design in Cyprus.
Copyrights
Copyright is the statutory right to prevent others from copying or exploiting original work, i.e. artistic and literary work, music recordings, broadcasts, computer software etc., without obtaining first via license the permission from the proprietor of such rights.