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Registering a trademark with the General Directorate of the Industrial Property Registry (DIGERPI) takes about 12–18 months if there are no oppositions or errors in the application. Complex cases, such as those involving oppositions, may take up to 24 months.
The deadline for filing an opposition is 2 months from the publication of the application in the Gaceta Oficial (official gazette).
In Panama, you can register word marks, figurative marks, combined marks, three-dimensional marks, sound marks, and certification marks, provided they are distinctive. Marks contrary to public morality, religious values, or state symbols are prohibited.
The certificate is valid for 10 years from the filing date and can be renewed indefinitely every 10 years.
The owner has the exclusive right to use the mark commercially in Panama, prohibit others from using similar marks, and transfer or license the trademark rights.
The filing fee is approximately $300–500 for one class of goods or services, including registration and publication fees. Additional costs may include legal services or fees for extra classes.
Use of the trademark is not mandatory, but non-use for 5 consecutive years after registration may lead to cancellation upon third-party request, as per Article 104 of the Industrial Property Law.
If the trademark is not renewed within 10 years from the filing date, the registration is canceled. Reinstatement is possible within 6 months after the deadline by paying an additional fee.
In today’s interconnected global economy, protecting your brand is not merely a luxury—it’s a necessity. As businesses expand beyond borders, safeguarding intellectual property becomes crucial. Panama, with its robust legal framework and strategic location within Central America, presents a promising market for business ventures. Registering a trademark in Panama ensures legal protection, enhances brand value, and provides a competitive edge in both local and international markets.
Protection Against Infringement
Registering your trademark in Panama grants you exclusive rights to use your mark within the country. This legal protection helps prevent unauthorized use by competitors and mitigates the risk of brand dilution.
Exclusive Rights to Use
A registered trademark confers upon its owner the exclusive right to use the mark in connection with the goods or services for which it is registered. This exclusivity is vital for maintaining brand identity and consumer trust.
Enhanced Brand Value
A registered trademark adds tangible value to your business. It can be licensed, franchised, or sold, serving as a valuable asset that can generate revenue streams and attract investors.
Legal Recourse in Case of Disputes
With a registered trademark, you have the legal standing to take action against infringers. This includes the ability to seek remedies through the courts, providing a clear path to protect your brand's integrity.
Before applying, it's essential to perform a comprehensive trademark search to ensure your desired mark is unique and does not conflict with existing registrations. The Industrial Property Registry of Panama provides tools for this purpose.
Applications can be submitted online or on paper. The fee for filing a trademark application covering one class of goods or services is $100 online and $150 for paper applications. Additional classes incur a fee per class.
The Industrial Property Registry examines the application to ensure compliance with the Industrial Property Law. If the application meets all requirements, it proceeds to publication.
Once published in the Industrial Property Bulletin, there is a two-month period during which third parties can oppose the registration. If no opposition is filed, or if opposition is resolved favorably, the application moves to registration.
Upon successful registration, the trademark is valid for ten years. It can be renewed indefinitely in ten-year increments, provided the mark remains in use and renewal fees are paid.
Navigating the trademark registration process can be complex. Without professional guidance, businesses may encounter:
Incomplete Applications: Missing or incorrect information can lead to delays or rejections.
Failure to Conduct Proper Searches: Overlooking existing trademarks can result in conflicts and legal disputes.
Inadequate Legal Representation: Handling oppositions or infringements without legal expertise can compromise your rights.
Engaging with professionals ensures a smoother registration process and robust protection for your brand.
ProfitMark offers comprehensive services to guide you through the trademark registration process in Panama:
Trademark Search: We conduct thorough searches to assess the availability of your desired mark.
Application Preparation and Filing: Our experts prepare and submit your application, ensuring compliance with all legal requirements.
Legal Support: In case of oppositions or disputes, we provide expert legal representation to safeguard your interests.
Transparent Pricing: We offer clear and competitive pricing with no hidden fees.
Online Services: Our fully online process allows you to manage your trademark registration from anywhere.
Extensive Experience: Over 13 years in the trademark registration industry.
Global Reach: Successfully registered trademarks in over 30 countries.
Expert Team: A dedicated team of international trademark specialists.
Client-Centric Approach: Tailored strategies to meet your specific business needs.
Quality Assurance: Commitment to delivering high-quality services with guaranteed results.
Protecting your brand through trademark registration in Panama is a strategic step toward securing your business's future. With ProfitMark's expertise, the process becomes straightforward and efficient. Don't leave your brand vulnerable—contact us today to begin your trademark registration journey and fortify your business's position in the market.