Register your trademark in Hong Kong and increase the value of your business
Trademark registration protects your business from illegal use by competitors of your brand and increases the capitalization of the business up to 50% of its current value.
Trademark registration in Hong Kong and Mainland China
Inclusion of the trademark value in the company’s balance sheet when preparing the company’s financial statements
Payment of the state duty will additionally amount to 50 $
Payment of the state duty will additionally amount to 25 $
Payment of the state duty will additionally amount to 260 $
Payment of the state duty will additionally amount to 130 $
The cost of processing one application-protest in response to the refusal of registration will be (including state duty) – free of charge (subject to trademark verification before registration).
Trademark
A trademark is an important business asset. The registered trademark is proprietary.
A trademark is a designation expressing the inner world of your business that helps your customers identify your products and services and from the products and services of competitors.
create and accumulate a business reputation for your business due to the distinctive identity of your products and services. The leading companies in the world have a trademark value measured in tens of billions of dollars;
increase the lifecycle of your company’s products/services, because your customers will want to buy the same product that they bought earlier and that they liked;
Legal protection of the trademark will prevent unscrupulous competitors from using your trademark illegally and, thereby, gratuitously using the reputation that you have accumulated in the market thanks to your efforts.
As the owner of a registered trademark, you have the exclusive right to use the trademark in relation to the goods and services for which it is registered.
If other persons use your registered trademark in Hong Kong (or a name confusingly similar) in relation to the same or similar goods or services without your consent, you may file a claim of infringement against them.
You can use the symbol ® to indicate that your trademark is registered.
If your trademark is not registered, you cannot use the symbol ® , but you can use the symbol ™. Using the symbol ® with an unregistered trademark is a criminal offense.
Your rights as the owner of a registered trademark include, but are not limited to the following:
The right to obtain a court order to prevent violation of your rights;
The right to receive monetary compensation from the violator who illegally used your trademark;
The right to obtain a court order for the delivery or destruction of copyright infringing items or the removal of a copyright infringing mark;
The right to grant another person a license to use your trademark in exchange for royalties and other payments;
The right to sell your trademark;
The right to donate your trademark in your will.
A registered trademark can stand on the balance sheet of your company and significantly increase the value of your business;
A registered trademark increases goodwill and the overall capitalization of your business;
A registered trademark increases the interest of investors in your business.
Frequently asked questions
On average, registration takes from 6 to 8 months.
The trademark will be protected for the next 10 (ten) years after its registration.
Stages of registration of the application:
- Examination of the application, which verifies compliance with the formal requirements: classification, clarity, informativeness, conflict and originality of the trademark;
- Publication – information about the application is published in the Hong Kong Intellectual Property Journal (the list of published information includes the mark itself, applicant’s name, address, application number, filing date, priority claim information, and trademark categories;
- Registration – if the application meets all requirements.
It is not difficult to register a trademark, but in order for this procedure to take the shortest time with minimal costs, it is better to contact a professional. VitaLiberta’s specialists will provide all the necessary consultations and help you apply for trademark registration in Hong Kong.
New Business Owner’s Guide to a Company Audit in Hong Kong
Advantages and disadvantages of establishing and running business in Hong Kong
Hong Kong offers extensive opportunities for doing business both in the domestic and international arena. Among the advantages are an interesting tax system, no VAT, a wide range of corporate legal instruments, and much more. A full list of advantages and also disadvantages of Hong Kong is provided in this article.
Annual Regulatory Requirements for Companies in Hong Kong
Like any other country, Hong Kong has a number of mandatory regulatory requirements that are necessary for the successful operation of your business.
1. Annual renewal of a company
2. Annual financial statement, audit and Profit Tax Return.
3. Filing reports on personnel.
We will consider the details in this article.