These are usually composed of a business entity’s name, logo, and other related images and phrases that aid in establishing who they are. However, these defining marks can always easily be copied by another person or company so they can masquerade as the original business or individual or ride on your goodwill. That is why your company’s trademarks should be properly registered. You will have a claim on your company’s brand identity that is backed by the law.

If you have an original product, invention, or artistic work, it’s essential for you to register a patent and/or copyright under your name. Without a proper copyright and/or patent registration, it will be very difficult for you to claim damages should your work, product or invention is copied or used without your permission. For any media, it may also allow them to distribute your material without permission, whether or not it’s for profit.

Legally registering your copyright, patent or trademark can help protect your company’s growth. This is crucial for small businesses and startup companies. They usually don’t have the same distribution power or reach as bigger organizations. If one of your larger competitors copies a product, they can easily overtake you in terms of market share and prevent you from expanding your customer base.

When a competitor copies your product it cuts down your profits. You may make less sales than you would have if you had sole distribution or production rights to your idea. Registering your trademark, patent or copyright will prevent these competitors from profiting from your original concept and/or product. If they copy you, you can take legal action which may allow you to recover any money that they have made using your idea or brand. 

The RM30k grant is specially approved during the Covid-19 pandemic to encourage SMEs to protect the brand name in the overseas market. Valid until 31 Dec 2021. First come, first serve basis. Our team will guide you for claiming process so you don’t have to worry.