Singapore Corporate Service Provider Launches Trademark Registration Service

"As trade across borders amplifies with growing globalization even small startups are realizing the importance of trademark registration. The proliferation of ecommerce is also enunciating the need for trademark registration and our launch of the dedicated practice comes at the right time” says Satish Bakhda of http://www.rikvin.com

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Singapore Company Registration Specialists

Singapore Company Registration Specialists

As a company servicing the enterprise and entrepreneurial community this expansion is only a natural progression as we find many of our current clients are in need of this valuable service.

Singapore (PRWEB) July 24, 2011

Rikvin, as an integrated corporate services provider, has recently launched a new division dedicated to the clients seeking Singapore trademark registration services. The company has a strong reputation in the area corporate services providing a well integrated suite of service starting from company incorporation unto accounting and tax advisory services.

Trademarks play a crucial role in creating and defending a company’s market, it is essential for businesses to claim ownership by protecting the creativity and investment that has gone into creation of their products and services. Singapore companies are increasingly choosing to register their unique identity, therefore the need for the service has magnified.

Rikvin, as an integrated corporate services provider, has recently launched a new division dedicated to the clients seeking Singapore trademark registration services. The company has a strong reputation in the area corporate services providing a well integrated suite of service starting from company incorporation unto accounting and tax advisory services.

The Intellectual Property Office of Singapore (IPOS) is the government agency that administers Intellectual Property (IP) laws in Singapore, which also covers trademarks. The Trade Marks Act (2005 Revised Ed) (Cap. 332), together with its subsidiary legislation which consists of the Trade Marks Rules and Trade Marks (International Registration) Rules, is the governing statute for matters concerning trademark.

A trade mark is a sign used by a person in the course of business or trade to distinguish his goods or services from those of other traders. A trade mark can be letters, words, names, signatures, numerals, devices, brands, labels, tickets, shapes, colours, and aspects of packaging or any combination of these. For a trade mark to be registered, it must be distinctive and capable of distinguishing the goods and/or services of the owner from similar goods and/or services of other traders. Trademarks help to identify the origin of a product, assurance of quality and create consumer loyalty. In Singapore the registered trade mark can last indefinitely, subject to renewal every 10 years. A registered trade mark is akin to a property therefore it can be licensed or assigned.

Registration of trademark is not compulsory, however, doing so brings a host of benefits to the owner of trademark. In the case of trademarks that are not registered, but if the rightful business has a reputation and goodwill, then protection for the trademark can still be availed through ‘common law’. However registering the trademarks makes protection and claims on infringers much easier.

It renders an exclusive right for the usage of the symbol and can effectively prevent any unauthorized use of a trade mark which may cause damage or dilution to the distinctive character of the products or services of the owner. It may also prevent unauthorized users to take unfair advantage of the trademark’s unique character or identity and reputation or marketability.

It helps the business that owns the rights to establish a sense of recognition, quality and assurance among its customers and also offers protection against infringement allegations of other competitors or imitators. Trademarks can also be monetized through licensing and a well recognized trademark that is also registered will fetch the owner an attractive sum in case of a sale of the business or just the brand alone. Thus registered trademarks could also be a good source of revenue.

Elaborating on the services provided by Rikvin’s new practice Mr. Satish Bakhda says “the trademarks division renders a wholesome support to clients right from trademark search, through filing of application and guide them through the examination process right unto approval. In the case of foreign applicants we also provide them with a local address for communication as required by the authority. As a company servicing the enterprise and entrepreneurial community this expansion is only a natural progression as we find many of our current clients are in need of this valuable service. Many hi-tech startups prefer to do a trademark search along with the business name search because they do not want to lock horns with competitors at a later stage when they have invested considerable resources into it. So we are helping both established enterprises as well as new business startups to secure their identity”

About Rikvin.com:
Rikvin offers form a Singapore company serivces, incorporation and related business solutions for global entrepreneurs. Established in 1998, Rikvin also specialise in company registration, offshore company incorporation, immigration, Singapore work pass matters and other related corporate services.

Rikvin Pte Ltd
20 Cecil Street #14-01 Equity Plaza Singapore 049705
Main Lines : (+65) 6438 8887
Fax : (+65) 6438 2436
Email : info(at)rikvin(dot)com
website: http://www.rikvin.com/

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