/ Government of Chile announces international trademark registration27 November, 2019
The Government of Chile lauched an agenda in September to revive the local economy. Among the measures listed, is the registration of international trademarks.
Currently, for a trademark to be protected on an international level, registrations are commonly carried out country by country; the applicant must submit an application in each country through a local agent in the native language, paying a separate fee per case.
The government’s proposal is to allow the registration of trademarks to be carried out more expeditiously, by simplifying the process through Chile’s adhesion to the Madrid Protocol or the Singapore Treaty. This will allow more agile procedures both in Chile and abroad. The measure will requires modifications in the current regulations.
Other measures on the agenda are:
- Expand to 100,000 beneficiaries of the Digitize your Pyme program in 2020-21, with support from CORFO, SERCOTEC and SENCE.
- Expand CORFO guarantees for pymes through FOGAIN to an additional $ 100,000 million per year, this is an additional 20%, as of 2020.
- Repower Startup Chile, expanding from 180 to 440 the supported enterprises each year (60 at least from regions) and stimulate the scaling of the selected projects.
- Promote the use of the tax incentive for research and development (R&D) and expedite the processing of its authorizations by CORFO, in order to foster a culture of innovation in our companies.