IP rights are important because they encourage creativity and innovation. By giving inventors and creators exclusive rights to their work, intellectual property laws allow them to profit from their investments and recoup their research and development costs.
AN ACT PRESCRIBING THE INTELLECTUAL PROPERTY CODE AND ESTABLISHING THE INTELLECTUAL PROPERTY OFFICE, PROVIDING FOR ITS POWERS AND FUNCTIONS, AND FOR OTHER PURPOSES. SECTION 1. Title. – This Act shall be known as the "Intellectual Property Code of the Philippines."
The IP Code states that a mark cannot be registered if it is identical or confusingly similar to, or constitutes a translation of, a well-known mark used for identical or similar goods or services both internationally and in the Philippines, regardless of whether the well-known mark is registered in the Philippines.
Any person found guilty of copyright infringement shall be punished by imprisonment of one (1) year to (3) years plus a fine ranging from Fifty Thousand (Php 50,000) to One Hundred Fifty Thousand Pesos (Php 150,000.00) for the first offense, imprisonment of three (3) years and one (1) day to six (6) years plus a fine ...
The owner of a registered mark shall have the exclusive right to prevent all third parties from using marks that are identical or similar to their own, for goods and/or services that are identical or similar to those for which their marks are registered.
Under the IP Code, inventions are protected by patents; utility models and industrial designs by their registration; and computer programs, literary, scholarly, and artistic works by copyright.
A trademark can be protected in perpetuity if regularly monitored and properly maintained. The period of protection is ten (10) years from the date of registration and is renewable for a period of ten (10) years at a time.
Republic Act No. 8293 An Act Prescribing the Intellectual Property Code and Establishing the Intellectual Property Office, Providing for Its Powers and Functions, and for Other Purposesotherwise known as the Intellectual Property Code of the Philippines.
Examples of acceptable specimens include, but may not be limited to, the following: Pictures of the good with label or tag attached, which shows the trademarked name; Pictures of the packaging accompanying the good(s) at issue; Pictures of a display showing the goods being offered for sale in a retail setting; or.
After your trademark is approved, you must file documents with the IPOPHL to prove that you have a real product or service that supports your trademark filing. This filing is called the Declaration of Actual Use (DAU).