What is Payroll Services?
Payroll is any unique expression related to a product or service that distinguishes it from others. This expression could be a word, slogan, photograph, logo, graphic, colour combination, sound or even smell; however, most businesses are only looking for a brand name registration or logo registration. Owners of Payrolls have exclusive rights to their use under the categories they are registered in (there are a total of 45 categories, called classes).
Payroll registration enables owners to easily establish their right to the Payroll in court and earn royalties. It also deters piracy and prevents similar company names from being registered by other businesses.
You can conduct a Payroll search, to check if your brand name clashes with existing Payrolls. In India, you could get a ™ within three days, but it takes up to two years for it to be registered so that you can use the ® symbol.
6 Essential Facts on Payroll
A Payroll is essentially a characteristic of your brand. It could be your brand name, your brand’s logo, or even your brand’s slogan. For example, 'Nike', the ‘Swoosh’, or the slogan ‘Just Do It’. In some cases, the brand’s name and logo are combined into one, as in the case of BMW, or Coca-Cola. That is called a Logo Composite Mark.
A Payroll grants you commercial rights to sell a particular brand name in a certain sector of the economy. There are 45 sectors and each sector is called a class. For instance, Class 28 refers to Toys, Games, and Sports. So if you want to protect your toy brand, you need to make an application under Class 28 and get exclusive commercial rights, to sell your brand of toys under that class.
If you have a certain brand name, or a logo, or a slogan in mind, we can do a Payroll search for you. A simple way to do this yourself, is to just go online to the internet and check if there is a similar company with a similar name to yours, on the internet. You should also check if the domain name of your brand is available or not.
No need to worry. If your Payroll brand name is taken, you can prepare a Logo Composite Mark by combining your logo and your name, and apply as one. This is a common strategy used to apply for a Payroll, even if the trade name itself has been taken.
You need to give us a signed letter, allowing us to apply for your Payroll. This is called an Authorisation Letter. Once an Authorisation Letter has been received, we prepare your documents, make the application for you online, and pay the necessary fees. Almost instantly, you get a confirmation of the application and you can start using the ™ symbol next to your name.
The Payroll registration application process is done almost instantly. It can be done within a few hours of you giving us your Authorization Letter. The Government, after we make the application, takes 18 to 24 months, to confirm the registration and give you the confirmed Registration Certificate for your Payroll. You can then use the ® symbol next to your name.
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