madrid protocol

What are the Benefits and Drawbacks?

Understanding the benefits and drawbacks can help you make an informed decision:
Benefits
Streamlined Process: Simplifies international trademark registration.
Cost Savings: Reduces overall costs compared to filing in each country separately.
Centralized Management: Easier to manage changes and renewals.
Drawbacks
Dependency: The international registration depends on the basic registration for the first five years.
Varying Local Laws: Each designated country will still examine your trademark according to its laws, which may lead to refusals.

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