What is the significance of trademark registration?
Trademark is a highly important intangible asset for a person, business, or any organization. It provides a sense of unique identity to an entity. It can be anything visual symbol or an alphabet, numbers, or any other characters. With the help of different designs, styles, and phrases anyone can make it unique. The main purpose of this different combination is to provide an identity that can distinguish brands of similar products. Particularly from its other competitors.
After getting the designing part done the first and most important step is to get the trademark registered with your company/brand’s name.
The legal procedure must be done only through a professional approach. One of such services is provided by Inside Tax. one of the most prominent and well-known trademark registration service providers in Delhi, India.
Role of a Trademark Registration Consultant
A trademark registration service provider in Delhi will guide the customers in the registration process. Assisting them in the application process and other relevant legal formalities.
It is highly important as a trademark is a reason why customers prefer a specific brand product over other similar products. As well as the clients and investors will recognize the value of the brand in the market along with its future scope of growth will be determined.
A reliable and original trademark creates likeability towards the brand. It encourages the customers to buy your products and services while preferring them over others.
This will eventually create brand awareness for your products and support the growth of other products that are associated with them.
Significance’s of Trademark Registration
Let’s count some of the most major Significance’s of Trademark Registration:
- It provides exclusive identity to your brand:
Our Indian markets are flooded with similar named products and manufacturers using this as an advantage to generate profit out of it. A wide range of similar products is manufactured by various manufacturers. A reliable firm like Inside Tax, your go-to trademark registration service provider in Delhi will assist business owners to get their trademark registered for their products and services that can differentiate them from their competitors.
It will create awareness about specific manufacturers that creates specific products that can be identified in the market while purchasing.
- It’s a valuable asset
You’re already aware of the fact of a trademark’s supremacy. With the growth of your business trademark value increases too. It works as an asset. Also, it becomes a matter of loyalty and a legal entity that can be transferred, sold or purchased. Similarly, it can even be used as a tangible asset for securing a bank loan.
- Trademarks never expire
The registered trademark of any organization, individual, or business entity has a validity period of 10 years. Also, It can be renewed after the span of every 10 years.
Further, It can be retained till the business runs. It can also be transferred legally to the new owner during the change in the ownership of a business.
Avail of all these benefits and more with the reliable services of Inside Tax. The one-stop solution for all the trademark registration services in Delhi.
Useful Links at GST India News
Check out when the taxpayer, transporter or the commissioner of GST can extend the validity of e way bill. Also, read about e way bill login system.
Supplies takes place between two Indian states are called interstate supply. For eg. If the Goa’s taxpayer send material to Maharashtra, it is called interstate supply. Read more about e way bill and job work.
Credit note is a commercial document sent by the supplier to the customer. Learn more about debit note and credit note in GST.
The tax which is paid by the supplier is available as credit to the purchase of goods or services or both. Learn more about input tax credit in GST.