Are you considering registering your trademark in multiple countries? The Madrid System could be the perfect solution for you.
The Madrid System is a streamlined and cost-effective way to protect your trademark in multiple countries simultaneously. In this article, we will explore the costs associated with the Madrid System.
What is the Madrid System?
The Madrid System is a WIPO-administered treaty that allows trademark owners to protect their marks in multiple countries by filing one application, in one language, and paying one set of fees. By using the Madrid System, an applicant can designate any of the 124 member countries to obtain trademark protection.
How Much Does it Cost to File a Madrid System Application?
The cost of filing a Madrid System application depends on several factors, such as:
- The number of countries designated
- The number of classes of goods and services
- The currency used for payment
The basic fee for filing a single international application under the Madrid System is 653 Swiss francs (CHF), which includes up to three classes of goods and services. This fee covers the first ten years of protection.
If you need to designate more than three classes or add additional countries later on, there will be additional fees based on these factors. Additionally, each designated country may charge its own fees for examining and registering trademarks.
How Much Does it Cost to Renew a Trademark Registered Through the Madrid System?
Renewal fees are due every ten years after registration through the Madrid system. The renewal fee also varies depending on several factors such as:
- The number of classes renewed
- The currency used for payment
The basic renewal fee is 653 CHF for up to three classes of goods and services. If you need to renew more than three classes, additional fees will apply.
Conclusion
The Madrid System is a cost-effective way for trademark owners to protect their marks in multiple countries. While the cost varies depending on several factors like the number of countries designated and the number of classes, it is generally much more affordable than filing separate applications in each country.
By using the Madrid System, trademark owners can save time and money while efficiently protecting their marks internationally. We hope this article has provided you with valuable information regarding the cost of using the Madrid System for your trademark protection needs.