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Tax and Legal
Lucia Robayo
Zürich, April 24, 2024
In this blog, we explore the nature of intellectual property and its crucial role in the success of businesses. From patent protection to copyright and trademark law, we cover all aspects necessary to safeguard your creative achievements. Learn how trademarks protect start-ups from counterfeiting and how to effectively register and defend your intellectual property in Switzerland and beyond.
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Intellectual property (IP) comprises the legal rights that protect the outcomes of human creativity from unauthorized use by third parties. This legal framework enables authors to exercise control over their works and reclaim them in the event of unauthorized use. This transforms innovative ideas into valuable assets that can be traded, licensed or used in a variety of ways to bring benefit and recognition to the creators.
Brand protection is particularly indispensable for start-ups, as it protects the identity and image of a company from imitation and is therefore a decisive factor for market success.
Let us shed some light on the tangible benefits a trademark registration offers your company:
Building a corporate identity requires a considerable investment of time and resources, especially to gain recognition in the market. Once you have achieved a level of brand recognition, it is common for competitors to try to copy elements of your brand such as colors, names or even products.
The legal protection of your brand through a registered trademark is an effective tool to ward off such attempts at imitation. More importantly, by having the right to license or sell your brand, you can turn it into a monetary asset that has the potential to significantly increase your company’s sales.
A corporate brand symbolizes the uniqueness of your products and services, sets you apart from the competition and is the heart of your corporate identity.
Here are the most common brand types:
In addition to those mentioned, there are many other types of trademarks that offer a wide range of options for marking and protecting intellectual property. These include acoustic marks that protect certain sounds or melodies, three-dimensional marks for the shape of products, color marks that protect a specific color or color combination, and other innovative types of marks that emphasize the unique character of a brand.
Every brand tells a story, your story, and serves as your ambassador in the world of business.
As a trademark owner, you are only guaranteed protection of your trademark in those countries in which it is officially registered. You can opt to apply for trademark protection only at the national level in Switzerland or internationally in order to fully protect your rights worldwide.
The Swiss Federal Institute of Intellectual Property (IPI) allows you to register your trademark with national protection in Switzerland. If you already have international property rights, you can extend them to Switzerland. The World Intellectual Property Organization (WIPO) in Geneva is responsible for international registrations.
To ensure that your trademark is legally protected in Switzerland, it is registered via the IPI. Your trademark will also be registered in Swissreg, the official platform for the publication of Swiss patents, trademarks and designs.
To be protectable as a trademark, signs must be graphically representable and clearly distinguish your products or services from those of the competition. They must meet the following requirements:
The trademark is only registered if it meets all the above requirements, and the products and services are correctly classified. In multilingual Switzerland, registered signs are examined in all national languages as well as English.
Important to note: The application process does not check whether there is a likelihood of confusion with previously registered trademarks. It is the applicant’s responsibility to ensure through prior research that the trademark does not infringe any earlier property rights.
Easily calculate the costs of setting up your company here.
If you are planning to expand your business internationally, protecting your brand outside Switzerland is a crucial step. There are various ways in which you can protect your brand globally:
By opting for one of the above trademark registration routes, you can easily ensure that your brand is protected beyond Swiss borders.
As the owner of a trademark, it is your responsibility to identify infringements of your trademark rights and to act against them by filing oppositions. Authorities only investigate trademark infringements on the basis of oppositions filed. The five most common forms of such infringements are outlined below:
It is highly recommended to consult with an advisor specializing in trademark law in Switzerland to manage these risks effectively.
It is a common misconception that registering a company in the Swiss commercial register automatically grants trademark protection. However, this assumption often leads to confusion and inadequate trademark protection.
The function of the commercial register is limited to protecting the company name, which means that other companies may not use the same or a very similar name for their company. However, this does not ensure comprehensive protection of the trademark, which also includes logos, designs, and specific product names.
For this reason, trademark protection is a valuable addition to registration in the commercial register. This protection is broader, and includes graphic elements, which ensures more extensive protection of your brand identity.
For a more in-depth explanation, read our article that sheds light on the nature of the commercial register.
Nexova AG excels in digital accounting and all related services designed to ensure the ongoing success of our clients. We understand that brand and business name protection is a key element in any company’s growth strategy and is therefore seamlessly integrated into our comprehensive service offering.
Partnering with Nexova AG gives you access to deep accounting expertise and a partner dedicated to driving your company’s growth. One way we ensure your wellbeing is by offering comprehensive advice in key areas such as brand protection, a fundamental building block for a strong and successful business.
We have already provided you with the essential knowledge for company formation and management in Switzerland:
Now we complement this with the protection of your brand.
Start your success story with Nexova AG, your digital fiduciary partner in Switzerland. Contact us today to find out how we can support you on your path to business success with our expertise and commitment!