Trademark registration procedures should be concerned in Iceland by businesses to be able to distinguish your brand from other competitors. Iceland is strategically located, connecting Europe and North America, facilitating international trade. Iceland has abundant resources for economic development. Iceland has abundant geothermal energy, providing 90% of its electricity and hot water needs. Iceland has great hydroelectric potential, contributing to electricity production and attracting foreign investment. Iceland has rich mineral reserves, including aluminum, copper, silica, titanium, etc. Iceland possesses a vast sea, rich in fish resources, which plays an important role in the economy. Iceland is a country with stable politics, a transparent legal system, and a safe business environment for investors. Iceland adopts a free market economy model, encouraging competition and attracting private investment. In addition, the high-quality, dynamic, creative workforce and developed infrastructure system also contribute to increasing domestic and foreign investment capital. Therefore, more and more businesses are expanding their business scope here. Viet An Law Firm would like to guide customers preliminarily through the procedure for trademark registration in Iceland through the article below.
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To put it more simply, a trademark in Iceland is a recognizable symbol, design, or word that a company or individual uses to differentiate their product or service from its competitors. It grants the owner the exclusive right to use that symbol for commercial purposes.
Sign: Must be a distinguishable sign, such as:
Do not have the following signs:
Intended use: The sign must be used in commerce to distinguish the applicant’s goods or services from competitors.
Application Form: This form is provided by the Icelandic Patent and Trademark Office (ISIPO) and will ask for information on:
Fee Payment Receipt: A receipt or confirmation showing that the applicant has paid the registration fee set by ISIPO.
Additional documents (if applicable): Company registration: If the owner is a company, a copy of the company’s official registration document in Iceland may be required.
Trademark registration fees in Iceland
The fee for registering an official trademark in Iceland depends on the number of groups of goods and services the applicant registers. Here’s a breakdown of costs:
Application fee (including a group): ISK 37,900 (approximately €315 at foreign exchange rates as of 28 March 2024)
Additional fee per group: ISK 8,200 (approximately €68 at foreign exchange rates as of 28 March 2024)
Example:
To file for trademark protection in Iceland, you can apply using the following filing methods:
Log in to the website and create an account to apply online https://www.hugverk.is/en/login?urlRedirect=www.hugverk.is%2Fapply%2Fapply-in-iceland%2Fapply-for-a-trademark%2F When filing online, you should pay attention to the payment of the relevant fee in accordance with the instructions of the Icelandic Patent and Trademark Office.
After submitting the trademark registration dossier, the state agency will process the dossier for about 6-12 months
Form check: ISIPO will check if the application is complete and valid. If the application is invalid, ISIPO will ask the applicant to supplement the information or make amends.
Disclosure of application: If the application is valid, ISIPO will publish information about the application in the Icelandic Industrial Property Gazette. Anyone can object to an application within 3 months of publication.
Review and decision: ISIPO will consider the application and objection (if applicable). ISIPO will make a decision to accept or reject the application.
Issuance of registration certificate: If the application is accepted, ISIPO will issue a trademark registration certificate to the applicant.
The Madrid system is a convenient and cost-effective solution for global trademark registration and management. File a single international trademark application and pay a one-time fee to apply for protection in up to 130 countries. Claimants can modify, renew or expand their global trademark portfolio through a centralized system.
Madrid Agreement:
Madrid Protocol:
The Madrid Singles include the Madrid Singles of Vietnamese origin and the Madrid Singles with Icelandic designations.
For the Madrid Application of Vietnamese origin, the applicant must submit through the state management agency for industrial property rights, i.e. the National Office of Intellectual Property of Vietnam. According to Article 25 of Decree 65/2023/ND-CP, a Madrid application of Vietnamese origin includes the following documents:
The fees include:
If you want to file a trademark application in Iceland, please contact Viet An Law Firm for the most effective support.
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