WIPO, in cooperation with the Trade Marks and Intellectual Works Department of the Ministry of Economy UAE, announced in their webinar on 1 June 2021 that the United Arab Emirates is preparing for accession to the Madrid System of International Registration of Trade Marks. This is likely to come into effect next year.
This will pave the way for brand owners in the UAE to access a cost-effective platform for trade mark registration worldwide. We hope it would also open doors to many more overseas applicants who may consider the cost of filing national applications in the UAE prohibitive.
While we await official guidance, the main benefits to brand owners should include:
The inclusion of the UAE within the International Trade Mark Registration system will provide a much-needed boost to industry both in and outside of the UAE. We look forward to providing more updates as they unfold.NEXT POST