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Registration of trademarks in Monaco
Monaco is one of the most densely populated countries in the world, therefore, business development is profitable in this principality. Law&Trust deals with registration of trademarks in Monaco. Our lawyers provide free consultations to clients concerning registration issues, and also undertake all the responsibilities for collecting documents and preparing them for sending to representatives of the foreign state.
Monaco is included in the list of countries that have signed the Madrid Agreement, and is also on the register of States parties to the Paris Convention, so that registration of trademark in Monaco is possible in several ways.
- National procedure of registration. It grants the counterparty with the opportunity to develop business in the country after approval of the application. Trademark is verified for similarity with other trademarks only in Monaco, and the list of documentation should comply exclusively with local regulations.
- International procedure of registration. The Madrid Agreement is concluded between 97 states of the whole world, and upon submitting application according to this system it is possible for trademark to obtain legal force in the territory of the whole list of participating countries.
The process of registration of the new trademark consists of creating the logo, collecting and preparing documentation. In Monaco, French is used, which means that official documents require translation and notarization.
Consideration of the application takes about one year under the national procedure and not more than 18 months according to the international procedure. The validity period of the new trademark is 10 years with the possibility of renewal.
