On 2 October 2017, Indonesia became the 100th member of the Madrid System bringing the total number of countries covered by the system to 116 countries, representing more than 80% of world trade.
The aim of the Madrid System is to provide trade mark proprietors with a convenient and cost effective route to registering and maintaining trade marks worldwide.
Members include the countries such as the US, UK and Australia as well as organisations covering multiple countries such as the EU and African Intellectual Property Organisation.
Charlene Nelson, chartered trade mark attorney, intellectual property team, provides an update on this system and why it's now an essential way for international brand owners to protect their brand around the world.
The Madrid System
The Madrid System is administered by the World Intellectual Property Organisation (WIPO).
A brand owner who is based in or has a business connection to a country that has signed up to the Madrid System only needs to file a single application and pay one set of filing fees in order to apply for trade mark protection in up to 116 countries. Modifications, renewals and additional countries are also managed through one centralised system.
Recent new members of the Madrid System
The list of countries that have signed up to the Madrid System continues to grow. Indonesia is the latest country to sign up, joining Thailand as a recent new member of the system. The UK has been a member since 1995 and so UK companies can take advantage of this procedure.
There are now 100 members that have signed up to the Madrid System, making the system an essential way for international brand owners to protect their brand around the world easily and at a lower cost.
For more information about how we can help you to register your trade mark in the UK or internationally, contact Charlene on:
T: +44 (0)1392 685332 or E: email@example.com
Charlene, said: "The joining of new countries as signatories to the Madrid System is great news for brand owners seeking to register their trade marks internationally. Brand owners can now easily apply to register their trade mark in 116 countries, saving a significant amount of time and money."