What is a Trade Name?
A trade name is a title granting your business the exclusive right to any sign or name as a company identifier. This official name is known as, a “doing business as” or assumed name under which you conduct your daily business transactions. Trade names, like intellectual property titles, are independent of your company´s name which is registered with the Commercial Registry office—thus, your trade name is your business´s distinctive symbol.
General Characteristics
- The owner may be a single person or legal entity
- A single individual or legal entity can register an unlimited number of trade names
- Your trade name need not match your business´s company name
- Once a trade name is granted, it is valid for 10 years after which it can be renewed indefinitely
Steps to Register a Trade Name
The process for registering a trade name are the same steps associated with registering a trademark.
1st Step – FREE Existing Identity Scan: Before processing your trademark request, IGLOBAX searches for preexisting trademarks and current applications of similar material. Post our thorough investigation; we will communicate the viability of your trademark request
2nd Step – Electronic Filing: Within 48 hours of communicating trademark viability, IGLOBAX will electronically file official documentation in the Spanish Patent and Trademark Office. Along with the electronic request, IGLOBAX can request the protection of your company´s logo and identifying colors.
3rd Step- Continual Monitoring and Maintenance: Using our specialized software, IGLOBAX maintains the exclusive use of your trademark and detects possible infractions against your legal registration through constant vigilanc