How much does it cost to register a trademark in Nigeria?If you are going to register a trademark, one of the main questions that arise is "How much does it cost to register a trademark in Nigeria?" There is no fixed cost for registering a trademark in the country as it stands. There are a few things that determine the cost of registering a trademark. These things are explained below, and an estimated cost is quoted below as well. A trademark is a symbol, design, signature, number, etc. that is registered legally to represent a product or a company and to distinguish it from other products or companies in the same line of business. A trademark can be used or owned by an individual, a business organization or any legal entity. Also, a trademark can be a symbol or image or design located on a brand name, a label, or on a company’s product. Some companies also put their trademark on their buildings. Recommended for you Supreme Court vs FG: Strike looms as NLC issues fresh ultimatum to FG, Buha... You should know that a trademark is different from copyright and patent right. They do not mean the same thing, and you should not confuse them with each other. Although a trademark, copyright, and patent right are all part of the intellectual property and brands of an inventor or someone which is protected by law. You should learn about patent rights, copyright and other rights associated with intellectual property and be able to differentiate from one another. But let’s focus on trademark registration in Nigeria here. READ ALSO: How much does it cost to register a company in Nigeria? There are some few things you need to know that will determine how much you will pay for your trademark registration in Nigeria. Every country has its trademark laws. The laws guiding trademark registration in Nigeria is known as the Trade Marks Act of 1990 Chapter 436. And all trademark filing and registration is done by the Trademarks, Patents and Designs Registry, Commercial Law Department of Federal Ministry of Industry. Recommended for you INEC chairman releases list of states where governorship elections will not... Nigeria uses a file-to-file basis for trademark registration and protection. Once a trademark is registered, the registration is valid for seven years from the date of the application. It can be renewed for fourteen years before the expiry date passes. The cost of trademark registration in Nigeria is not fixed, but we can give you an estimate to expect. Their are many stages involved in trademark registration in Nigeria than just the initial filling of the trademark. The cost of registering a trademark goes beyond fees for filing the trademark. There are four stages involved in trademark registration which will attract different fees: Also, because you can go about registering a trademark in two different ways, the cost of registration will depend on how you go about it. Recommended for you Delta PDP guber candidate, Sheriff Oborevwori escapes assassination Another thing that will also determine the amount you will spend registering your trademark is whether it is a local/territorial trademark registration (i.e., trademark rights enforcement within Nigeria) or international trademark registration, i.e., the trademark right will be enforced in more than one territory/country. The fees charged for local/territorial registration is cheaper than for international trademark rights registration. Some lawyers even go to the extent of charging a reduced fee when it comes to local trademarks registration. Recommended for you "Wake up": Young mother buys plenty fried chicken, eats the meat after her... In conclusion, it is advisable that if you own a company or product with a symbol you want to be only attributed to your company or product, you should file and register it as a trademark for protection. You should know that if your trademark is not registered or a symbol associated with your company, brand or product is not registered as a trademark, you cannot file a case of infringement if that symbol is used by another person or company. READ ALSO: How to get TIN number in Nigeria? Source: Legit.ng If you are going to register a trademark, one of the main questions that arise is "How much does it cost to register a trademark in Nigeria?" There is no fixed cost for registering a trademark in the country as it stands. There are a few things that determine the cost of registering a trademark. These things are explained below, and an estimated cost is quoted below as well. READ ALSO: READ ALSO: